Latest Project Economics News

WIN Metals has won a co-funded drilling grant from the Western Australian Government to test the Ganymede gold prospect, a promising extension of the Butchers Creek deposit. The grant covers half the drilling costs, accelerating exploration plans for 2025.

MetalsTech Limited has made significant progress on its Sturec Gold Mine project in Slovakia, advancing the Pre-Feasibility Study and raising A$3.3 million to fund development and strengthen its balance sheet.

Theta Gold Mines reports significant progress in funding discussions, plant construction, and resource integration for its TGME gold project in South Africa during Q1 2025.

Globe Metals & Mining has signed two non-binding MOUs covering up to 100% of Phase 1 production at its Kanyika Niobium Project, while finalising its updated Bankable Feasibility Study is delayed to June 2025. The company also secured additional short-term funding to support ongoing development.

Toubani Resources has cemented a fiscal agreement with the State of Mali under the 2023 mining code, advancing its Kobada Gold Project toward a final investment decision. A strategic A$29 million placement led by A2MP Investments further strengthens the company’s development pathway.

Green Technology Metals (ASX: GT1) reports a significant lithium resource increase to 30.4 million tonnes and advances key projects in Ontario, while implementing strategic cost controls amid challenging market conditions.

Toro Energy has completed a re-optimisation of its Lake Maitland mining pit at the Wiluna Uranium Project, integrating updated uranium and vanadium resource estimates and rising cost assumptions. The company is progressing a scoping study update while engaging with native title groups, positioning itself amid strengthening uranium market conditions.

Turaco Gold has confirmed a new gold discovery at its Baffia prospect and is poised to release an updated Mineral Resource Estimate for its flagship Afema Project, signaling significant resource growth potential.

Antilles Gold progresses its Cuban joint venture projects, unveiling updated resource estimates and feasibility studies for Nueva Sabana, while expanding La Demajagua’s scope and pursuing financing options.

McLaren Minerals has advanced its McLaren Titanium Project with a $1.5 million capital raise, ongoing drilling revealing promising heavy mineralisation, and key leadership changes signaling a strategic push toward development.

Voltaic Strategic Resources advances exploration at Meekatharra and Kooline gold projects while securing a strategic 4.2% stake in Geopacific Resources, owner of the Woodlark Island gold project.

Redcastle Resources advances its Eastern Goldfields exploration with significant high-grade gold intercepts across three key prospects, setting the stage for upcoming resource estimates and development studies.