Latest Mining Production News

Kaiser Reef Limited has raised its production target at the Henty Gold Mine to 35,000 ounces per annum by late FY2027 while accelerating exploration and development activities at its Maldon Gold Project, all funded through operational cash flow.

Paladin Energy reported a strong half-year performance with uranium sales revenue climbing to US$138.3 million, driven by ramp-up at its Namibian mine and significant progress on Canadian development projects.

Lotus Resources has launched a A$81 million equity raising to support the ramp-up of its Kayelekera uranium mine to steady state production targeted in Q2 2026, while advancing development of its Letlhakane project.

Lake Resources has clarified its latest cash flow report, highlighting $666k spent on environmental and power solution explorations while advancing key regulatory approvals for its Kachi lithium project. The company maintains a robust liquidity position and benefits from new technology partnerships aimed at reducing costs.

Conico Ltd has finalised a major recapitalisation and corporate restructure, positioning itself for renewed exploration with a focus on scandium amid strong market demand. The company plans an extensive drilling program at its Mt Thirsty project to expand its scandium resource.

Kore Potash has made significant progress on its Kola Potash Project with key engineering tests and marine drilling underway, while advancing a Formal Sale Process and securing a $12.2 million capital injection.

Summit Minerals has acquired the high-grade Keystone Project in Nevada and raised over $1 million through a rights issue, setting the stage for a strategic rebrand to Western Ridge Resources.

Gateway Mining has identified multiple large-scale gold targets across its Yandal projects, accelerating drilling programs backed by a strong capital position. New gold nugget discoveries and extensive geochemical anomalies highlight promising exploration momentum.

Reedy Lagoon Corporation is advancing preparations for drilling at its Burracoppin Gold and Iron projects in Western Australia, while actively seeking joint venture partners to fund next phases.

Burley Minerals is progressing its Cane Bore Iron Project with planned drilling following heritage surveys, while reviewing its Chubb Lithium Project strategy amid rising lithium prices. The company also relinquished its Yerecoin Iron Project due to legal challenges.

Rubix Resources has reported assay results from its Queensland Paperbark Project that align with expectations, revealing significant zinc, lead, and copper mineralisation. The company also advances exploration across multiple projects and pursues new asset acquisitions.

Vertex Minerals has advanced its underground gold production at the Reward Gold Mine, commissioning tele-remote mining systems and securing $4.5 million in loan facilities to support its ramp-up phase.