Black Bear Minerals taps Ausenco for Shafter silver project restart studies in Texas

  • Black Bear Minerals awarded Ausenco the next phase of restart studies for the Shafter Silver Project in Texas.
  • Work shifts toward staged technical de-risking, bankable feasibility studies, metallurgical test work, mine planning, environmental review.
  • Studies target a brownfield restart plan leveraging existing infrastructure estimated at AUD 150 million, refining earlier order-of-magnitude restart costs.
  • Ausenco received a non-binding Export Finance Australia letter of support tied to potential financing, subject to due diligence and approvals.
  • Engagement on project financing to continue alongside outreach to U.S. government stakeholders and private-sector groups focused on domestic silver supply.


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