Anfield Energy Delivers Strong First-Half 2026 Momentum with Exceptional PEA Economics and Clear Path to Near-Term Production (opens original article in a new tab)
Anfield Energy reported strong first-half 2026 performance with completed monitoring well drilling, positive PEA results, and progress on mining projects.
- Anfield Energy completed drilling of 8 new monitoring wells in May 2026 near proposed process ponds and the tailings management facility.
- The updated Preliminary Economic Assessment (PEA) shows pre-tax IRR of 106% and NPV of US$606 million.
- Velvet-Wood Phase One construction was completed in June 2026, with production targeted by the end of 2026.
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