Latest Rehabilitation News

Zeotech Limited has extended its offtake agreement with Jiangsu Mineral Sources International Trading Co. to April 2027, while completing a major drilling campaign and securing key environmental and infrastructure approvals at the Toondoon Kaolin Project.

Resolution Minerals has completed a third of its 2026 drill program at Golden Gate South, Idaho, with 16 diamond core holes totaling 4,470 metres. The drilling aims to delineate extensions of gold and tungsten mineralisation near historical workings, supporting resource growth at the Horse Heaven project.

Dyno Nobel has finalised the sale of its Phosphate Hill fertiliser business to Ryowa, marking a strategic exit from fertilisers and a sharper focus on explosives.

Native Mineral Resources (ASX:NMR) has cleared a key regulatory hurdle by submitting a Progressive Rehabilitation and Closure Plan for its Far Fanning Gold Project, while maintaining steady gold production at its Blackjack Gold Mine.

Somerset Minerals (ASX:SMM) has kicked off a $3.17 million capital raise combining a $2 million placement and a $1.17 million entitlement offer, aiming to advance exploration at its Coppermine copper project in Nunavut, Canada. The offer includes attaching options and management incentives, with participation restricted to shareholders in select jurisdictions.

IRIS Metals posted a $22.3 million loss for FY26, driven by major impairments on exploration assets and elevated share-based payments. The company pivots away from Edison and Tin Mountain projects, focusing on lithium-rubidium in South Dakota and tungsten in Montana.

New Talisman Gold Mines commissioned its processing plant and secured commercial offtakes while reporting a $2.26 million net loss in FY26. The company is refocusing on geological modelling and targeted drilling to boost resource confidence and production.

Control Bionics has locked in $9.5 million through a discounted share placement, complemented by a $0.5 million Share Purchase Plan, to back its commercial growth and technology development.

Australian Rare Earths (ASX: AR3) has announced a maiden Ore Reserve of 26 million tonnes at 920 ppm TREO for its Koppamurra Rare Earths Project, underpinned by a robust Pre-Feasibility Study delivering an A$858 million post-tax NPV and a rapid payback of less than one year.

Li-FT Power Ltd. has obtained a binding call option to acquire the Renard diamond mine site or its owning companies, aiming to repurpose its processing infrastructure for lithium production. The deal hinges on Canadian court approval and involves a significant option fee and care commitments.

Comet Ridge has locked in $40 million through a two-tranche placement and plans a $5 million share purchase plan to fund full ownership and development of its Mahalo Gas Project.

Aurelia Metals has completed financial close on a A$150 million senior secured financing package, enhancing liquidity and releasing A$46 million of restricted cash.