Latest Operational Costs News

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Contact Energy has secured a pivotal gas supply contract with OMV for the Pohokura field, ensuring fuel for its gas peaking units through 2032 despite soaring gas prices and operational costs.
Maxwell Dee
Maxwell Dee
23 Jan 2025
Patagonia Lithium Ltd has announced a maiden JORC Inferred Mineral Resource Estimate of 3.8 million tonnes of Lithium Carbonate Equivalent at its Formentera Lithium Brine Project in Argentina, highlighting significant potential for resource upgrades through ongoing drilling and advanced extraction technology.
Maxwell Dee
Maxwell Dee
22 Jan 2025
Element 25 Limited has completed an updated feasibility study for its Butcherbird manganese project, targeting a 1.1 million tonnes per annum production over an 18.3-year mine life with robust economic returns and strategic ties to EV battery markets.
Maxwell Dee
Maxwell Dee
22 Jan 2025
Element 25 Limited has announced a 107% increase in Ore Reserves at its Butcherbird Manganese Project in Western Australia, now supporting an 18.3-year mine life at 1.1Mtpa production. This milestone underpins the company’s strategic expansion into battery-grade manganese supply for the EV market.
Maxwell Dee
Maxwell Dee
22 Jan 2025
Spectur Limited reports a steady increase in revenue and positive operating cash flow for Q2 FY25, signaling progress in its strategic shift towards profitability. Cost-cutting initiatives and recurring revenue growth underpin expectations for consistent profits in the coming quarters.
Sophie Babbage
Sophie Babbage
22 Jan 2025
Sovereign Metals Limited has released an Optimised Pre-Feasibility Study for its Kasiya Rutile-Graphite Project, reaffirming its position as a future global leader in critical minerals production with robust economics and operational improvements.
Maxwell Dee
Maxwell Dee
22 Jan 2025
West African Resources Limited reported a robust cash position of A$391.7 million at the end of December 2024, despite significant outflows driven by exploration and operational costs. The company maintains substantial financing facilities, positioning it well for ongoing development.
Maxwell Dee
Maxwell Dee
22 Jan 2025
Paladin Energy Ltd reported a robust quarterly cash flow for Q4 2024, with a net operating cash inflow of $43.3 million and a strong cash position of $117.1 million, underpinning its ongoing projects and financial flexibility.
Maxwell Dee
Maxwell Dee
22 Jan 2025
Pentanet Limited reports its first EBITDA positive quarter in FY25 Q2, driven by a successful 5G coverage expansion and strong growth in its NVIDIA Cloud gaming platform. The company is on track to double its 5G footprint this year, underpinning future profitability and market competitiveness.
Sophie Babbage
Sophie Babbage
22 Jan 2025
Silver Metal Group has finalized the sale of its Texas Project to Danola Pty Ltd, shedding significant operational costs and environmental liabilities as it refocuses its strategic priorities.
Maxwell Dee
Maxwell Dee
21 Jan 2025
Vertex Minerals has commenced commissioning at its Reward Gold Mine, processing the first ore through a newly installed gravity gold plant. The company anticipates first commercial gold sales by February, marking a significant milestone in its high-tech, environmentally conscious mining strategy.
Maxwell Dee
Maxwell Dee
21 Jan 2025
Emmerson Resources has formed a strategic alliance with CuFe and Tennant Minerals to explore a multi-user processing facility at Tennant Creek, while advancing a 5,000m drilling program and securing funding to support growth through 2026.
Maxwell Dee
Maxwell Dee
21 Jan 2025