Latest Operational Milestones News

Advance Metals Limited has commenced its inaugural drilling program at the high-grade Yoquivo Silver-Gold Project in Chihuahua, Mexico, aiming to unlock significant value from its substantial silver-gold mineralisation.

Pilot Energy confirms regulatory compliance and operational progress at the Head Field, advancing the repurposing of Cliff Oil infrastructure into a carbon storage facility as part of the Mid West Clean Energy Project.

Meeka Metals has achieved a key milestone with first ore mined from its Murchison Gold Project open pits, setting the stage for process plant commissioning in June 2025. Mining at multiple high-grade oxide pits is underway alongside significant processing plant and power upgrades.

Tartana Minerals has made significant strides towards boosting copper output by signing a key agreement to process ore at the Mungana facility, securing a $10 million financing package, and winning a government grant for exploration drilling.

Australian Pacific Coal advances commissioning at Dartbrook with wash plant refurbishment underway and secures additional $14 million senior debt to support production ramp-up.

Focus Minerals Limited has set a new quarterly milling record at its Three Mile Hill plant while accelerating underground development at Bonnie Vale, underpinning a robust operational and financial position.

Peninsula Energy reported a $1.9 million operating cash outflow and $18.9 million investing spend on its Lance Project for Q1 2025, ending the quarter with $24.2 million in cash and an estimated 13 quarters of funding runway based on current outflows.

AXP Energy has completed a successful 60-day gas-to-power trial at its Pathfinder Field, delivering 1.5 MW of off-grid power and generating maiden natural gas revenue. The company is accelerating its expansion plans, backed by NASDAQ-listed BitFuFu, aiming to scale operations to 25 MW by year-end.

Avenira Limited is advancing its Wonarah Phosphate Project with site mobilisation planned for mid-2025, backed by a $7.567 million capital injection from major shareholder Sichuan Hebang Technology. Operational milestones and regulatory approvals are progressing, positioning the company for first ore shipment in Q4.

Nanollose Limited has achieved a significant milestone by blending its Nullarbor-20™ sustainable fibre with Australian merino wool to produce pilot blankets, while also completing a $672,000 placement to fund ongoing commercialisation efforts.

TMK Energy has successfully doubled the capacity of its Gurvantes XXXV pilot well project with three new wells, achieving record monthly gas production and securing $2.3 million in fresh capital to advance commercialisation.

Aguia Resources reported a challenging Q1 2025 cash flow, ending the quarter with just AUD 1.2 million in cash and less than half a quarter of funding available. The board remains confident in raising capital to sustain mining and exploration activities at Santa Barbara Mine.