Latest Resource Optimisation News

Northern Minerals has made significant strides in developing its Browns Range Heavy Rare Earths Project, securing substantial funding support from US and Australian agencies alongside a $60.5 million capital raise. Exploration success and engineering progress position the company for a Final Investment Decision by late 2026.

Pivotal Metals has raised $5.4 million, including $1.1 million in non-dilutive funding, to ramp up exploration across its Québec copper, gold, PGM, and nickel projects, unveiling multiple high-priority drill targets and advancing resource optimisation at Horden Lake.

Critica Limited has launched a pivotal Scoping Study for its Jupiter Rare Earth Project in Western Australia, appointing Sedgman to define a capital-efficient development pathway. This marks a strategic shift from technical validation to structured economic assessment.

Northern Minerals reports encouraging preliminary metallurgical results from blending the Dazzler deposit with Wolverine ore, potentially expanding feed supply and optimising the Browns Range Heavy Rare Earths Project.

MetalsTech Limited has appointed two seasoned technical directors to its board, aiming to accelerate the development of its Sturec Gold Project in Slovakia. These strategic additions come as the company prepares for an expanded exploration program and the completion of a Pre-Feasibility Study.

West Wits Mining has been granted a new prospecting right adjacent to its existing mining operations in South Africa, enabling a strategic depth extension of the Qala Shallows Kimberley Reef. Geological modelling and resource reviews are underway to capitalise on the current gold price environment.

Jindalee Lithium has completed its 2025 drilling program at the McDermitt Lithium Project and is advancing plans to list its US subsidiary on a national exchange, extending exclusivity with its merger partner.

Auric Mining has reported strong financial and production results from its inaugural gold processing campaign at the Munda Starter Pit, generating A$16.85 million in sales and netting over A$10.8 million after costs. The company is gearing up for a second campaign in January 2026 as it advances plans for a major expansion.

Larvotto Resources reports a breakthrough 90% tungsten recovery from metallurgical testwork at its Hillgrove project, signaling a new revenue stream alongside gold and antimony production.

Pivotal Metals has delineated multiple new undrilled conductors at its Belleterre copper-gold project in Quebec and secured $5.4 million in equity funding to accelerate exploration. The company also confirmed a robust 37Mt resource at Horden Lake, underpinning its growth strategy.

AVADA Group Limited reported a revenue increase in Q1 FY26 despite ending a major contract, alongside a significant reduction in operating cash outflows and ongoing debt repayments.

QMines Limited has completed the acquisition of the Mt Mackenzie gold-silver project, upgraded its resource base, and advanced drilling at Develin Creek, supported by a $9 million capital raise to fund exploration and development.