Latest Cost Efficiency News

Prospect Resources has released compelling metallurgical test results from its Mumbezhi Copper Project in Zambia, demonstrating robust, high-grade copper concentrates and strong recoveries that support plans for a central processing hub.

29Metals Limited reported a stronger June quarter with increased copper production at Golden Grove, offset by higher costs and deferred capital spending on the Gossan Valley project. The company also secured a final $54 million insurance payout and improved liquidity despite ongoing operational challenges at Capricorn Copper.

Great Divide Mining has poured its first gold at the Challenger Gold Mine, triggering a key ownership milestone and setting the stage for commercial production in the near term.

Genesis Minerals delivered record FY25 gold production, exceeding guidance, and completed a transformative A$250 million acquisition of Focus Minerals’ Laverton project, enhancing its ASPIRE 400 growth strategy.

Bowen Coking Coal has started owner-operated mining at its Burton Mine Complex with a reduced fleet and production focus, responding to weak global steel markets and low coal prices. The company is actively pursuing refinancing and strategic funding to sustain operations during this challenging period.

Li-S Energy has successfully produced Australia’s first lithium metal foils ahead of schedule at its Geelong facility, marking a major step in domestic battery manufacturing and supply chain sovereignty.

Miramar Resources has initiated reverse circulation drilling at the 8 Mile target within its Gidji JV Project, aiming to explore northern extensions of the adjacent 8-Mile Dam gold deposit. Supported by a drill-for-equity deal, this campaign could redefine the gold potential near Kalgoorlie.

Vitasora Health has completed the first tranche of its $11 million capital raise, positioning the company to fund growth initiatives and reach cash flow breakeven in the second half of fiscal 2026.

Amaero has successfully qualified its C103 and Ti64 metal powders through a collaboration with Auburn University’s NCAME, meeting Velo3D’s standards and paving the way for initial commercial shipments in FY2026.

Buxton Resources has commenced its inaugural drilling program at the Centurion Project, targeting a large IOCG geophysical anomaly in Western Australia, with government co-funding easing costs. Initial assay results are expected by early October.

AIC Mines has reported significant high-grade copper and gold intercepts from recent drilling at its Jericho copper deposit in North Queensland, boosting confidence in the resource and its development potential.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.