Latest Regional Development News

Aguia Resources advances its phosphate operations in Brazil with new funding and plant upgrades, while a management overhaul in Colombia reveals a significant gold discovery at Santa Barbara.

Evion Group advances its Maniry Graphite Project in Madagascar and expandable graphite JV in India, backed by a strategic US investor and EU recognition. The company is poised to expand production and supply critical minerals to key global markets amid rising demand.

Larvotto Resources has greenlit the Hillgrove Antimony-Gold Project development, securing $175 million in funding and reporting strong high-grade drilling results that bolster its resource base.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures and infrastructure planning, maintaining a solid cash position despite no production this quarter.

Foresta Group Holdings finalises a $4.6 million insurance settlement and progresses key contracts for its Kawerau Plant, reporting a solid cash position as it deepens forestry sector partnerships.

Parabellum Resources has received official approvals to start drilling at its Miandetta target within the Redlands Project, aiming to confirm and extend nickel-cobalt mineralisation. The program is slated for completion by December 2025, with results expected early next year.

Nordic Resources Ltd has initiated a 5,000m diamond drilling program at its Kopsa gold project in Finland, unveiling new magnetic targets and bolstering its senior management team. The company also raised over A$10 million in institutional capital, underpinning a combined gold equivalent resource of 1.23 million ounces across its Finnish assets.

Aguia Resources has locked in a R$6 million (A$1.7 million) bank loan to advance its Tres Estradas phosphate mine in Brazil, aiming for over 160,000 tonnes annual production by 2027. Initial sales agreements and a strong market backdrop set the stage for a potentially lucrative operation.

Nova Minerals has secured a critical land use permit for an antimony refinery at Port MacKenzie, Alaska, backed by a US$43.4 million award from the U.S. Department of War. The company aims to produce military-grade antimony by 2026/27, positioning itself as a pivotal domestic supplier in the U.S. critical minerals market.

Black Rock Mining has officially launched the Early Works phase at its Mahenge Graphite Project in Tanzania, marking a key milestone supported by strong partnerships and infrastructure plans.

Resolution Minerals Ltd has reported exceptional assay results from its Antimony Ridge Target in Idaho, revealing record-grade antimony, silver, and gold that significantly expand the known mineralised footprint at its Horse Heaven Project.

Cauldron Energy has signed a non-binding MOU with Uzbekistan’s Navoiyuran, a global leader in in-situ recovery uranium mining, to collaborate on advancing the Yanrey Uranium Project in Western Australia. This partnership aims to leverage Navoiyuran’s technical expertise and operational experience to unlock the project’s full potential.