Latest Regional Economic Development News

Alpha HPA has finalized a $30 million royalty funding agreement with Queensland's QCMBTF, receiving $27 million to support Stage 2 of its HPA First Project and general corporate needs. Concurrently, the company progresses a $400 million senior debt financing with Australian government lenders.

Boab Metals has secured key environmental approvals and launched a $50 million capital raise to advance its Sorby Hills Lead-Silver-Zinc Project, marking a pivotal step toward production.

Boab Metals has kicked off early construction works at its Sorby Hills Silver-Lead-Zinc Project, marking a key step toward full-scale mine development and production scheduled after the 2026 wet season.

Nova Minerals’ U.S. subsidiary has won a $43.4 million award from the U.S. Department of War to accelerate production of military-grade antimony trisulfide at its Alaska Estelle Project, aiming to strengthen domestic critical mineral supply.

Caravel Minerals has released its first comprehensive Sustainability Report for fiscal 2025, detailing ambitious ESG initiatives and a clear roadmap toward net-zero emissions for its Caravel Copper Project in Western Australia.

GenusPlus Group has been awarded a $50 million contract by Alinta Energy to complete the 100MW/200MWh Wagerup Battery Energy Storage System in Western Australia, reinforcing its growing presence in the battery storage sector.

Canyon Resources’ Definitive Feasibility Study confirms Minim Martap as a major bauxite project with a 33% ore reserve increase and robust economics, targeting production start in early 2026.

Genesis Minerals has outperformed its FY25 production guidance with record gold output and strengthened its strategic position through the acquisition of Focus Laverton assets, underpinning its ambitious ASPIRE 400 growth strategy.

St Barbara Limited updates on its Nova Scotia operations with progress on the 15-Mile Processing Hub prefeasibility study, reclamation milestones at Touquoy, and a pioneering pumped hydro energy storage project, while weighing strategic options for its Atlantic Gold assets.

Manuka Resources is poised to restart silver production at its Wonawinta Mine targeting 13.2 million ounces, while progressing its large-scale vanadium-titanium-magnetite project in New Zealand with a robust $1.26 billion valuation.

Lincoln Minerals reports breakthrough metallurgical results from its Kookaburra Graphite Project, achieving ultra-high purity graphite suitable for lithium-ion battery anodes without using hazardous hydrofluoric acid. This advance supports the company’s downstream processing ambitions in South Australia.

BSP Financial Group reported a 17% rise in net profit and a 16% dividend increase for 2024, while advancing key digital and SME banking initiatives across the South Pacific.