St George Mining’s 2025 milestones explained

St George Mining Executive Chairman John Prineas talked with Proactive about the company’s key milestones in 2025 and what investors can expect heading into the first half of 2026.

Prineas outlined the acquisition of the Araxá project in Brazil for $21 million USD, the establishment of a highly experienced in-country team, and the company’s growing recognition as a credible global player in the niobium and rare earths sector. He also pointed to the October institutional raise as a key achievement, which brought in $50 million from North American, European and Australian investors, alongside a $22.5 million strategic investment from Hancock Prospecting.

St George is now fully funded through to a financial investment decision. The company continues drilling at Araxá, with three rigs active and strong assay results anticipated to support a resource upgrade. Prineas also addressed market speculation, confirming similarities with neighbouring CBMM’s mineralisation and hinting at further high-grade intercepts to come.

Strategic priorities for early 2026 include a resource upgrade, economic studies, and continued project de-risking to unlock shareholder value.

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