Latest Project Expansion News

Elevra Lithium Limited reported record quarterly revenue and gross profit at its North American Lithium operation, even as it navigates short-term production challenges and revises FY2026 guidance downward.

Fulcrum Lithium has expanded its Alkali Flats lithium project and advanced metallurgical testing, while securing permits for a major Phase 3 drilling campaign, all against a backdrop of soaring lithium carbonate prices.

Buxton Resources reported robust exploration progress in the December 2025 quarter, highlighted by significant silver and copper-gold assay results and strategic tenement expansions. Leadership changes and cost management measures position the company for focused discovery efforts ahead.

Legend Mining has significantly expanded its Pinnacle Well Project, acquiring new tenements and identifying two high-priority gold anomalies, while winding back its Rockford joint venture holdings.

Ragusa Minerals has addressed recent unusual trading activity, confirming no undisclosed information while advancing its acquisition of a controlling stake in Pegasus Tel Inc. and the Purple Pansy Project in Arizona.

Dart Mining NL reports encouraging 2024 diamond drilling results at its Rushworth project in Victoria, revealing multiple wide gold mineralised lodes at the Phoenix Reef prospect. The company plans to resume drilling in 2026, targeting new structural zones identified by recent interpretations.

Latrobe Magnesium Limited has received a $6.29 million R&D tax rebate from the ATO, using the funds to reduce debt and progress its magnesium production plants in Australia and Malaysia.

Fenix Resources’ latest Scoping Study outlines a robust plan to ramp up Weld Range iron ore production to 10 million tonnes per annum by 2031, extending mine life to 2042 with significantly reduced costs and strong financial returns.

Blue Star Helium Limited has raised up to A$8.2 million through a placement and rights issue to fund production scale-up and further drilling at its Galactica helium project in North America.

Red Mountain Mining has reported encouraging exploration outcomes at its Utah Antimony Project, prompting a significant expansion of its claim holdings. The results reinforce the company's geological model and set the stage for an aggressive exploration campaign.

St Barbara Limited has locked in A$470 million in funding through strategic partnerships with Lingbao Gold Group and Kumul Mineral Holdings, fully financing the Simberi Gold Project expansion and accelerating its development timeline.

Anax Metals has completed a $2.4 million strategic placement with mining group Gold Valley at a 37.5% premium, while securing a $3.5 million loan to repay convertible notes, positioning the Whim Creek copper project for near-term development.