Latest Project Economics News

IPB Petroleum has appointed a new chairman and is intensifying efforts to secure funding for drilling its key Browse Basin assets, while maintaining a strong cash position and exploring new project opportunities.

Investigator Resources Limited has postponed the Definitive Feasibility Study (DFS) for its Paris Silver Project to mid-2025, citing rising costs and the need for further optimisation. Meanwhile, exploration drilling continues and asset sales bolster the company’s cash position to $2.7 million.

Cyprium Metals has partnered with Macmahon Holdings in a strategic alliance to accelerate the redevelopment of the Nifty Copper Complex, leveraging Macmahon’s operational expertise to advance feasibility studies and site operations.

Santana Minerals has reported a robust Pre-feasibility Study for its Bendigo-Ophir Gold Project, lifting the after-tax NPV to A$1.2 billion and IRR to 76%, as it progresses detailed engineering and fast-track permitting in New Zealand.

Horizon Gold advances its Gum Creek Gold Project with ongoing diamond drilling and a major upcoming RC drilling campaign aimed at upgrading its 2.14 million ounce gold resource. The company also strengthens its balance sheet following a strategic share sale.

Nova Minerals has reported remarkable high-grade gold and gallium discoveries at its Wombat prospect within the Estelle Project, reinforcing the site's potential for significant mineral wealth and future drilling campaigns.

Carnavale Resources has expanded its Kookynie Gold Project with the discovery of the Tiptoe lode and significant depth extensions at Swiftsure, enhancing resource potential amid rising gold prices.

Saturn Metals reports strong assay results from its Apollo Hill Gold Project, reinforcing the deposit’s continuity and supporting its heap leach development strategy. An interim resource upgrade is imminent, with extensive drilling ongoing.

Star Minerals secures shareholder approval for its Cobra Uranium Project in Namibia and prepares for maiden drilling, while progressing gold exploration in Western Australia amid a modest capital raise.

Black Canyon Limited has confirmed a significant new manganese discovery at its Wandanya Project, alongside high-grade iron mineralisation, supported by a successful $2.5 million capital raise to accelerate exploration.

KGL Resources announces the resignation of CEO Phillip Condon, with Chairman Jeff Gerard stepping in as Executive Chairman during the search for a new leader. The company remains focused on advancing the Jervois Copper Project’s feasibility and independent technical reviews.

Carnarvon Energy and its partners have deferred key milestones in the Dorado Phase 1 liquids development, pushing back the Final Investment Decision and FPSO purchase. Despite the delay, the Joint Venture remains confident and plans further exploration drilling in 2026.