Latest Project Economics News

FireFly Metals has announced a substantial 51% increase in its Green Bay Copper-Gold Project Mineral Resource, highlighted by a newly defined high-grade core zone that promises to enhance early project economics.

Viridis Mining and Minerals has received a significant US$100 million Letter of Interest from Export Development Canada, reinforcing the financing framework for its Colossus Rare Earths Project in Brazil. This follows prior support from French and Brazilian export credit agencies, positioning the company for a Final Investment Decision in 2026.

Emerald Resources has secured full development and operational permits for its Memot Gold Project in Cambodia, alongside an extension of the Okvau Gold Mine agreement to support underground mining. These approvals mark a pivotal step in the company’s expansion plans in Southeast Asia.

Dateline Resources reports strong drilling results at its Colosseum Gold-REE Project in California, confirming mineralisation continuity and supporting a resource upgrade. The ongoing Bankable Feasibility Study aims to enhance project economics and mine design.

Astral Resources confirms robust high-grade gold zones at Theia Deposit and discovers a promising new target west of Theia, advancing its Mandilla Gold Project development.

Meteoric Resources has successfully completed wet commissioning of its pilot plant in Brazil, marking a key milestone towards rare earth production at the Caldeira Project. First Mixed Rare Earth Carbonate output is expected early December, supporting ongoing feasibility studies and offtake partnerships.

Larvotto Resources’ maiden drilling at Freehold confirms robust antimony-gold mineralisation with notable tungsten by-product potential, underscoring growth prospects at Hillgrove.

Fortuna Metals has reported exceptional rutile grades from initial soil sampling at its Mkanda and Kampini projects in Malawi, signaling promising early-stage exploration success near a world-class deposit.

Red Metal Limited has achieved a significant metallurgical breakthrough at its Sybella Rare Earth Project, using ion exchange resins to enrich rare earth elements nine times while drastically cutting impurities and costs.

Predictive Discovery Limited’s definitive feasibility study for the Bankan Gold Project in Guinea reveals a substantial 2.95 million ounce gold reserve and strong project economics, supported by comprehensive environmental and social approvals.

Chilwa Minerals reports robust assay results from 347 sonic drill holes at the Mpyupyu Flats deposit, reinforcing its resource base and progressing a scoping study for early 2026.

Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a significant step forward in its Lake Carey Gold Project. With maiden reserves confirmed and a robust option agreement in place with AngloGold Ashanti, the company is poised for growth amid ongoing exploration success.