🔥 Thursday 16 January 2025 Thu, 16 Jan 2025
28 Big Stories
Genesis Minerals Surges with Record Gold Output and $238m Cash Pile
Genesis Minerals Limited reported a record December quarter gold production of 57,055oz, driven by an accelerated Laverton mill restart and strong operational execution. The company’s cash reserves surged 34% to A$238 million, underpinning its debt-free growth strategy.
16 Jan
Victory Metals Boosts North Stanmore Rare Earth Resource to 247.5 Million Tonnes
Victory Metals Limited has announced a major upgrade to its North Stanmore Heavy Rare Earth Elements Project, with 71% of the resource now classified as Indicated and total tonnage rising to 247.5 million tonnes at 520 ppm TREO. This positions North Stanmore as a globally significant heavy rare earth clay deposit with promising scandium potential.
16 Jan
Magnetic Resources Boosts Lady Julie Gold Resource to 1.75Moz, Eyes Underground Mining
Magnetic Resources has significantly increased the gold resource estimate at its Lady Julie Gold Project to 1.75 million ounces, advancing plans for concurrent underground mining and an expanded processing plant.
16 Jan
Indiana Resources Unveils New High-Grade Gold Zone at Minos Prospect
Indiana Resources Limited has confirmed a new high-grade gold zone at its Minos Gold Prospect in South Australia, with assays revealing grades up to 45.8 g/t gold. The company is accelerating its 2025 drilling program to expand this promising discovery.
16 Jan