Latest Operational Milestones News

Horizon Minerals reports a $14 million placement and a proposed merger with Poseidon Nickel, alongside key production milestones including the first gold pour at Boorara and a prefeasibility study at Penny's Find.

Omega Oil and Gas Limited has successfully completed drilling and testing of its Canyon-1H horizontal well, revealing encouraging reservoir conditions that set the stage for upcoming fracture stimulation and flowback testing.

Entertainment Rewards Ltd has secured a pivotal amendment to its $22.5 million convertible loan, slashing interest costs and extending repayment terms to bolster its financial flexibility.

Bellevue Gold Limited reported a $52 million net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $112.6 million early repayment on its project loan facility, leaving $79.45 million in cash reserves.

TMK Energy has successfully doubled its pilot production capacity at the Gurvantes XXXV Coal Seam Gas project and inked an early commercialisation deal to supply gas for power generation, positioning itself as a pioneer in Mongolia's emerging CSG sector.

Brazilian Critical Minerals Ltd reports breakthrough test results from its Ema ionic clay rare earth project, producing a high-purity mixed rare earth carbonate and advancing drilling, logistics, and environmental assessments.

Brazilian Critical Minerals Limited reported a net cash outflow from operating activities in the December 2024 quarter but maintains a solid cash position supported by significant unused financing facilities.

Westgold Resources Limited achieved record gold production of 80,886 ounces in Q2 FY25, driving a robust net mine cash flow of $45 million and securing a $200 million corporate facility to fuel growth.

Great Divide Mining has completed its due diligence on the Adelong Gold Project, paving the way for a strategic stake acquisition and operational control aimed at resuming gold production within a year.

Coronado Global Resources marked a key milestone with the Mammoth Underground Mine delivering first coal on time and budget, while reporting improved production and cost efficiencies in Q4 2024 despite softer coal prices.

Beach Energy delivered a robust Q2 FY25 with a 22% production increase and a 32% surge in sales revenue, driven by LNG sales and operational efficiencies. The company also significantly reduced net debt while advancing key projects like the Waitsia Gas Plant and Moomba CCS.

Paladin Energy reports its highest monthly uranium production since March 2024 and completes the strategic acquisition of Fission Uranium Corp, expanding its footprint in Canada’s uranium sector.