Latest Operational Milestones News

Viridis Mining has secured a non-binding Letter of Intent with Solvay to supply Mixed Rare Earth Carbonate from its Colossus Project, aiming for commercial production by 2028 and advancing Western-aligned rare earth supply chains.

American Uranium Limited has pushed back the closing date of its entitlement offer to 15 July 2026, giving shareholders more time amid volatile market conditions and pending drilling results from its Lo Herma uranium project.

Champion Iron Limited reported a 19% increase in net profit to C$168.7 million for FY2026, driven by record production and sales, progress on its DRPF project, and the strategic acquisition of Rana Gruber.

Classic Minerals has taken a decisive step towards mining at its Forrestania project by issuing a formal Notice of Decision to Commence Mining for the Lady Ada and Lady Magdalene deposits, despite ongoing legal challenges.

Platina Resources has appointed Dr Paul Polito as Managing Director and CEO, bringing over 30 years of exploration expertise to lead its Western Australian gold projects. His remuneration is heavily tied to operational milestones and share price performance.

Solis Minerals is poised to launch diamond drilling at its Mandacaru lithium prospect in Brazil this June, backed by robust geochemical data and expert technical support. Meanwhile, its Cinto Copper Project in Peru has secured final drilling approvals, marking a significant step in the company’s 2026 exploration campaign.

New Zealand King Salmon (NZK) reversed prior losses with a $13.8 million net profit in 1HY26, upgrading its full-year earnings outlook and advancing key growth infrastructure.

Delorean’s flagship SA1 Salisbury bioenergy plant is 75% complete, poised to start injecting renewable biomethane into Adelaide’s gas network by November 2026, marking a first in Australia for commercial and industrial organic waste processing.

Lefroy Exploration secures $3.6 million through a share placement to fast-track scoping studies and drilling at its Mt Martin and Burns gold deposits, while awaiting cash flow from Lucky Strike.

Avira Resources has kicked off siteworks at its Mt Cattlin Gold Project ahead of a 4,500-metre RC drilling program targeting a maiden resource estimate by year-end.

Papyrus Australia has fulfilled a critical contract milestone by delivering 200 biodegradable Collar Keeper product samples to TBS Mining Solutions, enabling the next phase of product testing despite a slight delay.

Nelson Resources has begun mobilising drilling crews for its maiden underground program at the high-grade Orleans Mine in Nevada, leveraging restored underground access to enhance targeting precision and reduce costs.