Latest Project Infrastructure News

MGX Resources has received Foreign Investment Review Board approval to acquire a 50% interest in the Central Tanami Gold Project, marking a pivotal step toward becoming a long-life Australian gold producer.

Enova Mining has initiated diamond drilling at its East Salinas Project in Brazil, targeting high-grade rare earth element mineralisation with promising surface assays. The program aims to confirm mineral continuity and advance resource definition along a 4 km strike.

Kore Potash has raised approximately US$12.2 million through a new share issue to fund critical project payments and maintain working capital for the next year. The fundraise also opens the door for major shareholders to increase their stakes, pending approvals.

Haranga Resources has raised $14 million through an oversubscribed placement led by Collins St Gold Fund, aiming to fast-track exploration and development at its Lincoln and Ibel South gold projects.

Lake Resources N.L. has launched a prospectus offering up to 271.7 million new options linked to a recent A$12 million placement, aiming to advance its flagship Kachi lithium project. The options, exercisable at A$0.05 and expiring in three years, await shareholder approval and align management with investors.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures with Mineral Resources and Hancock Prospecting, alongside ongoing infrastructure and social engagement efforts.

Nova Minerals supports the permit application for the West Susitna Access Road, a vital infrastructure project set to enhance mining access and economic growth in Alaska’s resource-rich region.

Santana Minerals’ subsidiary has agreed to acquire Ardgour Station land for NZ$25 million, a move that clears the way for critical infrastructure at the Bendigo-Ophir Gold Project and removes a costly royalty burden.

Lake Resources has completed a critical Front-End Engineering Design study for power delivery to its Kachi Lithium Project, confirming grid connection as a viable path forward. This milestone aligns with a broader regional push to enhance sustainable mining infrastructure in Argentina’s Puna Region.

Solstice Minerals’ initial RC drilling at Statesman Well reveals promising shallow high-grade gold intercepts, reinforcing the potential of its Yarri Project in WA’s Eastern Goldfields.

Dateline Resources Limited has updated its scoping study for the Colosseum Gold Project in California, incorporating a revised gold price of US$2,900/oz that significantly enhances the project's economic outlook. The study confirms robust project fundamentals and sets the stage for a Definitive Feasibility Study.

Black Dragon Gold Corp. reported a Q1 2025 net loss of CAD 377,262 while advancing its Salave Gold Project in Spain, navigating permitting challenges and legal disputes over land re-zoning. The company also progressed exploration and asset sales in Australia, maintaining a cautious outlook on financing.