Latest Industrial Development News

Orion Minerals has confirmed a significant down-dip extension of copper mineralisation at its Flat Mine East prospect within the Okiep Copper Project, reinforcing resource growth potential ahead of pending assay results.

Kingsgate Consolidated sustained robust production at Chatree with a fifth straight quarter exceeding 20,000 ounces of gold, while achieving a record AISC margin and boosting cash reserves to A$213 million.

Macro Metals’ subsidiary Macro Mining Services has landed an exclusive 36-month mining services contract with Metal Logic, supporting the rollout of innovative modular smelting technology in the East Pilbara. The first work package at Poondano Mine is set to start mid-2026, promising regional economic and Indigenous engagement benefits.

Minbos Resources has secured a US$5.48 million debt facility from Banco de Fomento Angola, complementing a prior US$16 million loan from South Africa’s IDC, ensuring full funding to complete construction of its Cabinda Phosphate Fertilizer Plant.

Orion Minerals secures a major milestone as South Africa’s IDC converts its loan into a significant equity stake in the Prieska Project, streamlining financing and advancing development plans.

MC Mining reports a modest improvement in half-year losses despite declining coal production and revenue, while advancing its Makhado Project and suspending Uitkomst operations to curb cash losses.

Pacific Lime and Cement Limited has formalised a landmark agreement with the Papua New Guinea government to develop the country’s first integrated lime and cement manufacturing platform, marking a major step in PNG’s industrial growth.

Lycopodium Limited has landed a major A$118 million contract to engineer and supply the Tulu Kapi Gold Project in Ethiopia, marking a significant step toward full gold production by mid-2028.

Minbos Resources has locked in a US$16 million debt facility from South Africa’s IDC to fund the next phase of its Cabinda Phosphate Fertilizer Plant construction, marking a key milestone for the project’s development.

Desane Group Holdings reports a modest half-year profit with stable assets and gearing, completes a key property sale, and pushes forward with a major industrial development in Penrith.

Pacific Lime and Cement has locked in a long-term quicklime supply deal with Newmont, anchoring Papua New Guinea’s first domestic quicklime manufacturing project and advancing local industry development.

Minbos Resources clarifies leadership changes and confirms the validity of its mining contracts while addressing financing delays linked to local shareholder disputes in Angola.