Latest Project Finance News

Global Lithium Resources has been granted a 21-year mining lease for its Manna Lithium Project, significantly de-risking the venture and accelerating its path to a final investment decision.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project in Papua New Guinea, adopting a fully equity-funded strategy that slashes upfront capital expenditure by 42% and eliminates debt servicing costs. Construction is underway, with production expected within 18 months.

Viridis Mining and Minerals has significantly expanded its Colossus Rare Earth Elements project in Brazil, securing an additional 2,503.6 hectares adjacent to its existing licenses. This move, backed by robust government support and strategic partnerships, enhances the project's scale and de-risks its pathway to production.

Vault Minerals reports a robust FY25 with A$1.43 billion revenue and a net profit of A$237 million, driven by full-year integration of Silver Lake Resources and operational advances. The company outlines a strategic two-stage expansion at King of the Hills and maintains a strong cash position post debt repayment.

Viridis Mining and Minerals has announced a maiden JORC Probable Ore Reserve of 200.6 million tonnes at the Colossus Rare Earth Project, underpinning a 40-year mine life with exceptional grades and sustainable mining practices.

VBX Limited strengthens its leadership and advances drilling programs at the Wuudagu bauxite project, setting the stage for a pivotal Definitive Feasibility Study and environmental approvals.

Alkane Resources has fully repaid its A$45 million project finance facility linked to the Tomingley Gold Operations expansion, positioning itself as largely debt free and financially flexible for future growth.

Robex Resources Inc reported a substantial net loss for the first half of 2025, reflecting operational challenges and legal settlements, while advancing financing and construction of its key Kiniéro gold project in Guinea.

OzAurum Resources reveals that Line Hydrogen, the firm contracted for its Mulgabbie North Heap Leach Feasibility Study, has entered voluntary administration, casting uncertainty over the project’s progress.

Jade Gas Holdings has achieved a landmark milestone with gas flowing from its first horizontal production well in Mongolia’s Tavantolgoi CBM Project, marking a critical step toward commercial gas operations.

5E Advanced Materials has released a robust Preliminary Feasibility Study for its Fort Cady Project in California, highlighting a 39.5-year mine life and strong economics with a pre-tax NPV7 of US$724.8 million and a 19.2% IRR.

Celsius Resources reports steady progress on the MCB Copper-Gold Project feasibility and engineering design, while engaging multiple parties in financing discussions including a new memorandum of understanding with Kiri Industries.