Latest Commissioning News

International Graphite has moved its Collie graphite processing project closer to commissioning, with the production building about 30% complete and new finance and feedstock arrangements in place. Cash stood at approximately A$3.4 million at quarter-end, while the company continued developing its planned Italian joint venture.

Westgold Resources delivered record FY26 production, earnings and cash generation while expanding its gold reserves and laying out a path towards 500,000 ounces a year. The challenge now shifts from funding growth to executing a crowded pipeline of mine, mill and exploration projects without losing operational discipline.

Alara Resources has reported its first full-year profit after its Oman copper operation produced above nameplate capacity, lifting revenue 145% to A$135.3 million. The turnaround is substantial, but negative operating cash flow and a planned A$6 million equity raise keep the balance sheet firmly in focus.

AIC Mines delivered record FY26 revenue, profit and operating cash flow while advancing Jericho and the Eloise processing plant expansion. The growth plan is gaining operational momentum, but it is also increasing debt, execution demands and exposure to copper and diesel prices.

Elixir Energy has agreed to farm out half of its interests across much of the Taroom Trough to Beach Energy for $25 million in cash and a four-year, $180 million gross carried work program. The deal could materially reduce Elixir’s funding burden, but completion still depends on several approvals and conditions.

Zoono Group is seeking up to A$1.61 million from a non-renounceable rights issue after completing a separate A$250,000 placement, with its offer document warning of material uncertainty around going concern. The funds are intended to support shelf-life extension projects, intellectual property and working capital, but investors face dilution and an unresolved legal case.

Sunrise Energy Metals has completed key Syerston engineering work and received a conditional commitment for up to US$400 million in long-term debt from the U.S. Office of Strategic Capital. The project’s revised scope now carries an estimated A$450 million to A$475 million capital cost, while the proposed Nasdaq redomiciliation remains subject to multiple approvals.

Bannerman Energy and CNNC Overseas have approved the Final Investment Decision for the Etango uranium project in Namibia, clearing the way for full-scale construction and targeting first yellowcake in 2028. The project is forecast to produce about 3.5 million pounds of U3O8 annually, with construction funding described as covered by existing cash balances.

Monash IVF Group’s underlying NPAT fell 41% to A$16.1 million in FY26, missing its recently reduced guidance as softer Australian IVF activity outweighed international growth. A second-half market-share recovery, lower planned capital spending and a new productivity program now carry the FY27 investment case.

X2M Connect has secured 60-day exclusivity over a Queensland site for a planned 10MW AI-enabled data centre, with development approval and 2.5MW of grid capacity already in place. The estimated $250 million project could add delivery revenue, recurring platform fees and a potential token revenue share, but key commercial terms remain unresolved.

Ora Banda Mining (ASX:OBM) kept its FY27 guidance intact despite weather disruption and an extended mill shutdown lifting quarterly AISC to A$4,214 an ounce. The company is spending heavily to build its next production phase, with the new 3.0 Mtpa plant on schedule and Waihi Underground starting ahead of plan.

Celsius Resources has cleared several hurdles to sell its 95% Opuwo cobalt-copper interest to Chinalco for US$15 million, but regulatory approvals are still outstanding. In the Philippines, criminal, regulatory, court and arbitration proceedings continue to cloud the company’s position in the Makilala project.