Latest Operational Management News

Patagonia Lithium has advanced drilling at its Formentera lithium project in Argentina to 308 metres, revealing encouraging porosity and brine characteristics that suggest strong lithium potential. Six successful packer tests indicate increasing brine concentration and flow rates, with further drilling planned to deepen the resource understanding.

Strickland Metals has reported compelling new drilling results at its Gradina Deposit in Serbia, revealing strong gold and base metal mineralisation that extends beyond the existing 1.2 million ounce resource. These findings highlight significant growth potential within the Rogozna Project.

Metals X delivered near-record tin output at its Renison operation in Q4 2025, driving a doubling of EBITDA amid improved efficiencies and strong capital progress. The company also advanced its Rentails project and maintained robust cash reserves.

Excite Technology Services has reported a record-breaking quarter with $9.2 million in customer receipts, marking a 125% increase year-over-year, alongside positive operating cash flow and strategic contract wins.

Nelson Resources has appointed Australian Surface Drillers to execute an 11,544m drilling program at the Yarri Gold Project, fully funded by MEGA Resources under a $10 million agreement. The first phase targets high-priority zones with results expected soon.

MetalsTech Limited is progressing its Pre-Feasibility Study for the Sturec Gold Mine in Slovakia, targeting completion in the first half of 2026, alongside key board appointments aimed at driving the project forward.

Polymetals Resources has resumed operations at its Endeavor Mine following a tragic incident, completing first concentrate shipments and securing $34.4 million in new capital to support exploration and ramp-up.

Horizon Oil has approved a strategic $1.5 million investment to install a booster compressor at its Nam Phong gas field in Thailand, aiming to increase production by at least 40% by mid-2026.

Magnetic Resources NL reports promising diamond drilling results at its Lady Julie North 4 gold deposit, indicating potential to expand the current 1.94 million ounce resource with significant underground extensions.

Alkane Resources delivered a robust December quarter with 43,663 ounces of gold equivalent production and a significant increase in cash and bullion holdings to A$246 million. The company maintains its FY2026 production guidance amid ongoing exploration and development.

Ansell Limited announces the retirement of CEO Neil Salmon after five years in the role, appointing Nathalie Ahlström as his successor to lead the company’s next phase of growth and innovation.

Key Petroleum Limited has appointed Jujun Zhang as Executive Director, CEO, and Vice Chairman, bringing over two decades of new energy expertise to the boardroom. This leadership addition signals a strategic focus on growth and investment in power generation technologies.