Latest Commercial Production News

Prairie Lithium has begun construction on its Pad #1 lithium extraction facility in Saskatchewan, aiming to deploy the continent’s largest Direct Lithium Extraction system. With foundation work set to finish by January 2026, the company is advancing toward commercial production amid growing global demand.

Genmin Limited has appointed Greg Lilleyman as Executive Chair to leverage his extensive iron ore expertise in driving the build-ready Baniaka project towards final investment decision and construction.

NuEnergy Gas Limited has announced a $4.62 million entitlement offer, primarily to fund early gas sales and development of its Indonesian coal bed methane assets. The offer is partially underwritten by a major shareholder and supports key milestones in the company’s transition to commercial production.

Almonty Industries reported a strong net income in Q3 2025, driven by a significant non-cash warrant gain, while advancing the ramp-up of its flagship Sangdong Mine amid rising tungsten demand.

Red Sky Energy has completed drilling the Killanoola-2 well in South Australia, confirming hydrocarbons but facing low permeability challenges. The well is now suspended, with plans for future completion and stimulation to unlock production potential.

Northern Minerals has raised $60.5 million through a placement to institutional investors, aiming to fast-track its Browns Range heavy rare earths project and repay existing debt.

Noble Helium advances its North Rukwa helium project with a confirmed five-hole drilling campaign and a significant resource upgrade, backed by leadership changes and shareholder funding.

Kinetiko Energy has reported record gas flow rates from its Brakfontein test wells, renewed critical exploration rights, and signed a joint venture to develop a pilot LNG plant, marking a significant step towards commercial gas production in South Africa.

Botala Energy has made significant strides in developing its Serowe coal bed methane project in Botswana, securing a $1.5 million placement and government interest to address Southern Africa’s looming gas shortage.

Omega Oil and Gas has bolstered its balance sheet with a $46 million equity placement and confirmed the strong commercial potential of its Canyon Project, setting the stage for a major appraisal campaign in 2026.

Acrux Limited reports robust revenue growth in Q1 FY26, driven by strong profit share income from recently launched topical pharmaceuticals and a significant R&D tax rebate repayment.

Anson Resources has inked a key lithium supply deal with LG Energy Solution and made significant progress on its Green River Lithium Project in Utah, backed by a $5 million capital raise.