Latest Storage Facilities News

Pursuit Minerals has secured environmental approvals to relocate its pilot plant to Rio Grande Sur and drill a new 500-metre hole at Demasía. The company has also applied to build commercial-scale evaporation ponds for its planned 5,000-tonne-per-year operation, although that approval remains outstanding.

Pan African Resources has completed a definitive feasibility study for a ZAR3.68 billion Soweto tailings project with a projected 29.55% real ungeared IRR. The proposed operation could add up to 40,000 ounces of annual gold production, but financing, permits and board approval remain ahead of a targeted December 2026 investment decision.

Rox Resources has increased Youanmi’s Ore Reserve by 8% to 727,000 ounces after mining depletion, while the broader Mineral Resource edged up to 2.195 million ounces. The update excludes results from recent surface and underground drilling programs, leaving future revisions as a potential source of change.

Elevra Lithium's Pre-Feasibility Study for the North American Lithium (NAL) brownfield expansion in Québec outlines a staged growth plan nearly doubling spodumene concentrate production to 373 ktpa by 2029, reducing unit costs and delivering a post-tax NPV of C$3.2 billion.

Rox Resources reports steady progress at Youanmi Gold Mine with processing plant construction and mining development proceeding on schedule, supporting a mid-2027 gold production target.

Barton Gold has reported significant high-grade gold mineralisation from its Phase 2 drilling at the Tunkillia Gold Project, potentially boosting resource grades and project economics ahead of a Pre-feasibility Study targeted for early 2027.

Castile Resources reveals a robust 2026 Scoping Study for its Rover 1 IOCG Project, projecting an 11-year underground mine life with five valuable metals driving strong economics and a staged development strategy.

Zimplats Holdings reported a strong FY2026 with revenue climbing 57% to US$1.3 billion and profit before tax soaring 484% to US$387.5 million, driven by higher metal prices, increased ore volumes, and improved operational efficiency.

Australian Mines is poised to kick off a key drilling campaign at its Flemington Scandium Project, aiming to expand its already impressive resource and support plans to triple scandium production amid tightening supply.

Titan Minerals has identified a significant shear-hosted gold-silver mineralisation corridor at its Cerro Verde prospect, revealing a major drill intercept outside the current resource that could boost the Dynasty Gold Project's resource base.

Resolute Mining’s half year profit more than doubled to $162.6 million, buoyed by soaring gold prices that offset a 31% drop in production. The company advances its Doropo project with key approvals and secures robust local financing.

Lindian Resources confirms Kangankunde Rare Earths Project remains on track for first production in late 2026, with concurrent progress across construction, mining, and operational readiness. The company is expanding its operational footprint internationally and strengthening its team to support the transition from construction to production.