Latest Sustainable Development News

Redcastle Resources reached its biggest operational milestone in FY2026 by starting mining at Redcastle Reef, but the project was temporarily suspended after Wiluna Mining halted relevant processing activities. The annual report also flags a material uncertainty over the company’s ability to continue as a going concern.

Zeus Resources has completed due diligence on its Diaguili copper-gold project in southern Mauritania after regulators validated the environmental notice for exploration. The company will now proceed to the first completion stage of the acquisition, with historical drilling providing the project’s main technical attraction but also its principal qualification.

Castile Resources has emerged from FY2026 with a larger Rover 1 resource, stronger preliminary project economics and A$9.37 million in cash. The next challenge is converting a A$1.07 billion pre-tax NPV8 study into a funded, permitted mining project.

Power Minerals has secured priority-project treatment from Minas Gerais for its Morro do Ferro rare earths project, directing future licensing through a specialised state pathway. The agreement improves institutional access but stops well short of environmental approval, project finance or a construction timetable.

Asara Resources has more than doubled its Kada Gold Project resource to 2.1 million ounces, including 1.3 million ounces in the indicated category, following a 73,000-metre drilling campaign. The company is fully funded to complete a Definitive Feasibility Study by mid-2027, positioning itself for rapid development in Guinea’s prolific Siguiri Basin.

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.

Moonlight Resources Ltd (ASX: ML8) completed its first year as a listed entity, rapidly expanding its gold and copper exploration at the Clermont Project in Queensland. The company reported a net loss of $1.98 million for FY2026, reflecting active exploration and corporate growth following its December 2025 IPO.

Ingenia Communities Group (ASX: INA) reported an 18% rise in FY26 EBIT to $193.4 million, beating guidance, while underlying EPS grew 16% to 35.8 cents. The group also extended its land lease development pipeline to 8,800 sites, underpinning future growth.

EAU Lithium, a subsidiary of Cosmos Exploration, has signed a strategic Master Services Agreement with VULTEC, the German technology arm of Vulcan Energy Resources, to advance lithium extraction projects in Bolivia using cutting-edge direct lithium extraction technology.

Evolution Energy Minerals (ASX:EV1) has received official clearance from Tanzania’s Mining Commission to finalise its maiden drilling contract at the Chikundo Copper Project, advancing its local content strategy with three fully Tanzanian-owned contractors shortlisted.

Barton Gold has delivered another batch of strong assay results from its Phase 2 drilling at the Tunkillia Gold Project, reinforcing the economic potential of Area 223 and advancing its Pre-Feasibility Study towards a Q1 2027 finish.

Akora Resources has successfully raised $3.3 million through a placement and entitlement offer, advancing its high-grade Bekisopa iron ore project in Madagascar following a key mining permit grant.