Latest Operational Challenges News

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Galena Mining Limited reports a challenging December quarter at its 60%-owned Abra Base Metals Mine, marked by production declines and ongoing voluntary administration. The company appoints a new CEO for Abra and explores recapitalisation options to stabilise operations.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Black Dragon Gold's rezoning application for its flagship Salave Gold Project was rejected by local authorities, posing challenges for mining development. Meanwhile, the company secured a strategic placement raising AUD$712,000 to support ongoing operations.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Mineral Commodities Ltd reported a steep net loss of USD 65.1 million for H1 2024, driven by operational disruptions at its Tormin mine and strategic moves including the sale of its Skaland Graphite Project.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Horizon Oil’s latest quarterly report reveals a significant production uplift at the Mereenie field following successful infill drilling, alongside steady cash flow and a strong balance sheet heading into 2025.
Victor Sage
Victor Sage
30 Jan 2025
Farm Pride Foods has successfully recovered from Avian Influenza setbacks, improving cash flows and repaying significant debt while investing in biosecurity and production upgrades.
Ada Torres
Ada Torres
30 Jan 2025
Karoon Energy delivered a record full-year sales revenue of US$776.5 million in 2024 despite a slight production dip in the final quarter. The company’s revised resource estimates and plans to acquire the Baúna FPSO signal a pivotal phase for its growth trajectory.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Champion Iron reported solid Q3 FY2025 results despite a two-week shipment interruption, while progressing its DRPF upgrade and forging a key partnership for the Kami Project.
Maxwell Dee
Maxwell Dee
30 Jan 2025
FirstWave reports a stable Q2 FY25 with no cash burn for the second consecutive quarter, maintaining cash reserves at $1.68 million while securing key client contract renewals and launching a promising new product.
Sophie Babbage
Sophie Babbage
30 Jan 2025
Resolute Mining reported a strong operational and financial performance in 2024, producing 340,000 ounces of gold and generating $250 million in operating cash flow. Despite higher costs driven by new mining regulations, the company maintains positive guidance for 2025 with ongoing exploration and development projects across West Africa.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Syrah Resources faced operational setbacks at its Balama graphite mine due to protests, prompting a force majeure declaration, yet it maintains a robust cash position and advances its downstream Vidalia anode material facility amid growing market demand.
Maxwell Dee
Maxwell Dee
30 Jan 2025
Syrah Resources faces significant operational disruption at its Balama graphite mine due to ongoing protests, declaring force majeure while advancing its US-based Vidalia facility amid strong EV market growth.
Maxwell Dee
Maxwell Dee
30 Jan 2025
IGO's December quarter report reveals robust performance at Greenbushes lithium mine but significant setbacks at Kwinana and Nova, culminating in a $79 million EBITDA loss and a strategic halt on Kwinana’s Plant 2.
Maxwell Dee
Maxwell Dee
30 Jan 2025