Latest Cost Guidance News

Galan Lithium is set to become a significant lithium brine producer with its Hombre Muerto West project in Argentina, targeting first sales in the second half of 2026. The company boasts a world-class resource, strong fiscal incentives, and a valuation discount to ASX peers.

Kingsgate Resources hit its FY26 production target with 86,078 ounces of gold and outperformed cost guidance, while advancing key assets and joining the ASX200.

Greatland Resources (ASX:GGP) exceeded its FY26 production and cost guidance, delivering 329koz of gold at a $2,179/oz AISC and bolstering cash to $1.29 billion. The company advanced key growth projects at Havieron and Telfer, including a major reserve upgrade and promising drilling results at Pinnacles.

Rio Tinto delivered a robust first half in 2026 with a 28% jump in underlying EBITDA to $14.8 billion, powered by copper ramp-up at Oyu Tolgoi, lithium expansion, and operational gains. The miner also lifted its interim dividend by 43% amid disciplined capital investment and steady iron ore output.

Northern Star Resources has kicked off commissioning of its KCGM Mill Expansion Project while delivering solid June quarter results, including record mining volumes and positive cash flow across all production centres.

Mineral Resources Limited (ASX: MIN) closed FY26 exceeding volume and cost guidance across iron ore, lithium, and mining services, while bolstering liquidity and reducing net debt. Strategic investments at Mt Marion and Bald Hill signal ongoing growth.

Newmont delivered solid second quarter 2026 results, generating $2.2 billion net income and record $2.2 billion free cash flow despite production setbacks at Cadia. The gold miner remains on track to meet full-year guidance while returning $1.9 billion to shareholders through dividends and buybacks.

Alkane Resources capped FY26 with record production of 168,337 gold equivalent ounces and $174 million in quarterly cash flow, announcing a maiden fully franked dividend and setting robust FY27 guidance.

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Rio Tinto reported a 3% year-on-year increase in copper equivalent production for H1 2026, driven by Oyu Tolgoi’s 31% growth and record iron ore output in the Pilbara, while maintaining full-year guidance amid geopolitical headwinds.

Orezone Gold outlines 2026 production and cost outlook for its newly acquired Casa Berardi mine, highlighting a transitional phase with higher costs and planned exploration ramp-up.

Fenix Resources delivered a record 1.3 million tonnes shipment in June quarter, meeting FY26 guidance with 4.4 million tonnes and setting a 14% higher FY27 target while holding costs steady.