Latest Operational Costs News

Mount Hope Mining has awarded a drill contract to commence its inaugural drilling program at the Mt Hope Project, targeting gold and polymetallic mineralisation across three key prospects in New South Wales.

PentaNet Ltd reported positive operating cash flow for the June 2025 quarter and strengthened its financial position with a new $2 million equipment finance facility.

E79 Gold Mines Limited reported a solid cash position of AUD 2.11 million at the end of June 2025, balancing ongoing exploration costs with fresh financing inflows. The quarterly cash flow report reveals how the company is managing its funding amid active gold exploration.

Richmond Vanadium Technology has paused parts of its feasibility study and approval processes in response to a prolonged downturn in vanadium prices, focusing instead on metallurgical innovation and cash conservation.

Vital Metals has unveiled a promising Scoping Study for its Tardiff Rare Earth and Niobium project in Canada, highlighting strong financial metrics and significant growth potential over an 11-year mine life.

Ioneer Ltd has dramatically expanded its lithium-boron Ore Reserves at Rhyolite Ridge, reinforcing the project’s robust economics and securing $16 million in new funding to advance development.

SQX Resources has advanced its exploration strategy by integrating new and historical data at its Queensland projects, aiming to define a mineral resource while maintaining a solid cash position.

Centaurus Metals reports strong value engineering results for its Jaguar Nickel Sulphide Project, confirming a 15-year mine life and first quartile costs, while advancing exploration at Boi Novo and Jambreiro iron ore projects.

Magnetic Resources NL has achieved a key milestone with the granting of a mining lease over its flagship Lady Julie North 4 deposit, supported by a feasibility study confirming robust economics and over one million ounces of gold production.

333D Limited reported a 12% increase in quarterly cash receipts from digital asset management contracts, maintaining steady cash flow despite slight operating cash usage. The company’s annual contract revenue surpassed $970,000, reflecting growing traction in healthcare digital services.

Grange Resources reported a robust quarter with increased iron ore production and pellet sales at Savage River, maintaining excellent safety standards and managing costs below budget despite accelerated waste stripping. Progress on financing the North Pit Underground project and strategic moves on the Southdown Magnetite Project highlight growth ambitions.

Blaze Minerals has acquired a commanding interest in the Loulombo Project in the Republic of the Congo, unveiling exceptional base metals grades and planning a maiden drilling campaign. Meanwhile, critical mineral discoveries in Uganda and a $2.42 million capital raise underpin its growth trajectory.