Latest Operational Milestones News

West Wits Mining has transitioned its Qala Shallows project from mobilisation to underground production, delivering first ore to surface and targeting its first gold pour in March 2026. The company has secured substantial funding to support this milestone and future growth.

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

Estrella Resources has kicked off bulk sample extraction at its Ira Miri manganese project in Timor-Leste, aiming to produce up to 30,000 tonnes of high-grade ore for appraisal and export. This milestone sets the stage for deeper geological insights and stronger international partnerships.

Norwood Systems has reported a record preliminary revenue of $2.1 million for the first half of FY2026, driven by milestone payments from Optus and a successful Tier-1 APAC proof-of-concept. The company is progressing multiple global telco engagements and strengthening strategic partnerships with Microsoft and AWS.

Amplitude Energy has reported record quarterly production and revenue for Q2 FY26, alongside a dramatic reduction in net debt and the commencement of drilling for its East Coast Supply Project.

EQ Resources Limited reported record production and processing at its Barruecopardo and Mt Carbine tungsten mines in Q2 FY2026, supported by strong tungsten prices and a successful A$34 million equity raising that strengthened its balance sheet.

Ovanti Limited has completed a $1 million capital raise through a discounted share placement to accelerate its buy now, pay later business expansion in the United States.

Western Yilgarn NL has secured new land access agreements at its West Julimar Bauxite Project, opening up extensive lateritic bauxite areas for exploration and potential resource growth beyond its current 104.8 million tonne inventory.

OzAurum Resources has acquired a key heap leach agglomeration plant, significantly reducing development risks and capital costs for its Mulgabbie North Gold Project. This strategic move positions the company to fast-track feasibility and production amid strong gold prices.

Finder Energy has completed a $5.2 million capital raise through a share placement to its directors and substantial shareholder Longreach Capital, following shareholder approval.

Aquirian Limited reports a robust first half of FY26 with revenue up 27.4% and EBITDA more than doubling, driven by strategic facility upgrades and promising joint ventures.

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.