Latest Scoping Studies News

Tivan has secured the regulatory and cultural heritage clearances needed to advance an 8,000-metre drilling campaign at its Molyhil tungsten project in the Northern Territory. The company will also issue 3.84 million shares as part-payment for the project acquisition, while its feasibility and proposed funding plans remain unfinished.

Latitude 66’s KSB project has returned a striking preliminary economic case, with a post-tax NPV8 of US$485 million and an 85% IRR at a US$3,500 per ounce gold price. The opportunity remains unbuilt, unfunded and subject to further study, permitting and a production target containing 10% Inferred Resources.

Sovereign Metals says a simple add-on circuit at its Malawi project could generate US$722 million of pre-tax value from monazite by-product recovery. The opportunity is commercially striking, but remains a preliminary scoping result dependent on further testwork, approvals, funding and customer qualification.

Osmond Resources reported a A$7.61 million FY26 loss and warned of a material uncertainty over its ability to continue as a going concern, despite holding A$5.50 million in cash. The company is betting its Spanish Orión project can move from exploration into a resource estimate and scoping study in the coming months.

Brazilian Rare Earths has commissioned its Stage I beneficiation pilot plant in Bahia and produced its first rare earth mineral concentrate. Partners will contribute R$6.4 million, or about A$1.7 million, towards the next hydrometallurgical stage planned for commissioning in Q2 2027.

Titan Minerals has extended high-grade gold-silver mineralisation at its Dynasty project in Ecuador and reported broad infill results that could support resource classification upgrades. The company is adding drilling capacity ahead of a Mineral Resource Estimate and Scoping Study targeted for the first quarter of 2027.

West Coast Silver has completed the main tranche of its A$6.0 million placement, raising A$5.92 million before costs for drilling, technical studies and resource updates at Elizabeth Hill. A final A$80,000 director tranche still requires shareholder approval.

Elevra Lithium is positioning its Québec operations for a near-doubling in spodumene concentrate capacity, while guiding to modest production growth and sharply higher capital spending in FY27. The three-stage North American Lithium expansion is targeting 373,000 tonnes per year for an estimated US$271 million.

Iltani Resources has reported robust assay results from nine new drill holes at its flagship Orient Silver-Indium Project, confirming continuity and expansion potential across Orient East, West, and Vein One zones. The company targets a resource update in Q4 2026 to underpin a 2027 scoping study.

Legacy Minerals is progressing an optimised scoping study at its Mt Carrington project, leveraging a 39% increase in resource tonnes and a 69% jump in indicated resources. Results are expected in December 2026, aiming to assess the economics of a larger-scale operation.

Impact Minerals’ 50%-owned Alluminous project reveals a strong financial case for a staged US high purity alumina plant, projecting a post-tax NPV₈ of A$518 million and a 42.3% IRR under a modular development approach.

Lithium Plus Minerals has significantly upgraded its Lei Lithium Project resource and secured a 20-year mining lease, positioning the company for near-term development and commercialisation.