Latest Operational Milestones News

Arizona Lithium has secured $900,000 through an at-the-market equity raise to fund the construction of its first production facility at the Prairie Lithium Project in Canada.

Great Divide Mining has poured its first gold at the Challenger Gold Mine, triggering a key ownership milestone and setting the stage for commercial production in the near term.

Evolution Mining has delivered record cash flow for FY25, meeting its original production and cost guidance amid high metal prices, while setting a confident outlook for FY26 with continued strong cash generation expected.

Ava Risk Group has suspended its dividend policy to reinvest capital into its growth strategy, signaling a shift in priorities for shareholders. The board will reassess this stance annually.

Tamboran Resources has reported a record-breaking 60-day initial production flow rate of 6.8 million cubic feet per day from its Shenandoah South 2H sidetrack well in the Beetaloo Basin, underscoring its progress toward commercial gas supply for Northern Australia.

Matsa Resources has officially commenced mining operations at its Devon Pit Gold Mine, with ore haulage to begin late July and first processing slated for mid-September 2025.

Lotus Resources has completed key refurbishments at its Kayelekera Uranium Project in Malawi, restarting the SAG mill and progressing through hot commissioning towards first uranium oxide production this quarter.

Polymetals Resources Ltd has successfully restarted its Endeavor Silver Zinc Mine in NSW, achieving first concentrate production and initial revenues. The company is advancing exploration and strengthening its balance sheet with a recent equity raise.

EVE Health Group has placed its first commercial purchase order for Dyspro™, a cannabinoid-based pharmaceutical targeting painful menstruation, signaling a key step toward market entry. The product is set for manufacturing and distribution within weeks, tapping into a rapidly growing global women’s health market.

EQ Resources has successfully raised A$4 million through a strongly supported placement to fund expansion and optimization at its Mt Carbine tungsten mine, reinforcing its position amid global supply challenges.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Resources & Energy Group Limited has raised $1.1 million through a discounted share placement to accelerate gold production and exploration at its East Menzies project in Western Australia.