Latest Project Economics News

Athena Resources has announced a maiden Mineral Resource Estimate for its Byro South Prospect, significantly expanding its Byro Magnetite Project resources by 160% to 76 million tonnes at 26% iron content.

Redivium Limited has postponed the completion of its UK lithium-ion battery recycling feasibility study to Q2 2026 due to a site relocation requiring updated environmental assessments. Meanwhile, its European projects in Czechia and Romania continue to advance steadily.

Parkway Corporate Limited has marked its transition to profitability in FY25, unveiling a transformative Queensland Brine Management Complex project set to redefine waste brine processing in Australia’s coal seam gas sector.

Elixir Energy has raised approximately AUD 16.6 million through a two-tranche placement led by Omega Oil & Gas, aiming to fast-track its Taroom Trough gas projects and advance toward commercial production.

Peregrine Gold Limited has identified a second large-scale high-grade Channel Iron Deposit, Carneys CID, at its Newman project, with surface samples averaging 55% iron. The discovery expands the potential resource base and sets the stage for upcoming drilling programs.

Aura Energy’s 2025 AGM highlights strong uranium market fundamentals and strategic progress on its Tiris Project, despite some engineering delays. The company also strengthens its board and deepens ties in Mauritania as it prepares for production.

Felix Gold Limited reports standout high-grade gold assay results from its 2025 drilling at the Treasure Creek Project, highlighting significant intersections and a promising structural link with antimony mineralisation in Alaska’s historic Fairbanks Mining District.

Southern Hemisphere Mining has revealed a promising discovery of high-grade oxide copper mineralisation at surface during drill pad preparation at its Ferro South prospect in Chile’s Llahuin Project. Preliminary readings suggest a robust near-surface copper system that could accelerate development plans.

CuFe Ltd has expanded its Orlando Deposit resource at Tennant Creek by incorporating significant bismuth and silver, enhancing the project's economic potential and positioning it among Australia's largest bismuth resources.

Fortuna Metals has reported exceptional rutile soil sampling results from its Mkanda and Kampini projects in Malawi, revealing extensive high-grade anomalies analogous to the world-class Kasiya deposit. The company aims to define a maiden rutile resource by mid-2026 following ongoing drilling programs.

VBX Limited reports consistent assay results from 129 infill drill holes at the Wuudagu B bauxite deposit, reinforcing its 2016 resource estimate and paving the way for inclusion in the upcoming definitive feasibility study. The deposit’s proximity to Guy Point offers potential cost savings in haul road construction.

State Gas Limited has independently certified a maiden 2P gas reserve of 30.2 petajoules at its Rolleston West Project, establishing a solid foundation for a pipeline-connected gas development aimed at the east coast market.