Latest Project Economics News

Theta Gold Mines has landed a US$35 million loan from South Africa’s Industrial Development Corporation, marking a key funding milestone for its TGME Underground Gold Mine Project.

Rincon Resources has secured an option to acquire the Crackerbox Gold Project in Western Australia, a site rich in historical gold and copper mineralisation with promising drill results. The company plans to leverage extensive past exploration data to define a significant resource.

GreenTech Metals has retracted previous valuation statements on its Whundo Project, updating resource estimates to include significant gold assays that enhance the project's economic outlook.

Saturn Metals has reported a significant increase in gold recovery rates from heap leach testing at its Apollo Hill Gold Project, surpassing previous estimates and global averages. This breakthrough suggests a more cost-effective and scalable path to production.

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

GreenTech Metals has identified substantial gold mineralisation alongside copper and zinc at its Whundo Project, enhancing the economic potential and prompting a resource re-estimation to assess near-term production viability.

NH3 Clean Energy has signed a non-binding MoU with the Angel CCS Project JV to collaborate on carbon capture and sequestration for its WAH2 clean ammonia project, marking a key step toward its mid-2025 FEED entry.

Challenger Gold Limited’s Preliminary Feasibility Study for the Hualilan Toll Milling Project outlines a robust three-year operation delivering 450,000 tonnes of gold-silver ore to Austral Gold’s Casposo plant, with strong economics and low upfront capital.

Rumble Resources has reported significant diamond drilling results at its Western Queen Project, revealing promising high-grade gold and tungsten mineralisation that could enhance project economics.

Apollo Minerals has completed its Phase 2 drilling at the Salanie Gold Project in Gabon, confirming shallow, high-grade gold mineralisation and extending known zones along a 12km greenstone belt. The results reinforce the project's potential and set the stage for further exploration.

Enova Mining has revealed promising high-grade rare earth element targets at its East Salinas project in Brazil, with surface samples returning up to 1.87% total rare earth oxides and strong magnetic REE signatures.

West African Resources aligns with Burkina Faso's 2024 Mining Code, increasing the government's equity stake in its projects while maintaining its 2025 gold production targets.