Latest Operational Readiness News

Vanadium Resources Limited is progressing towards Direct Shipping Ore operations at Steelpoortdrift, advancing key conditions for a binding offtake agreement with China Precious Asia Limited while optimizing mining readiness and exploring growth opportunities.

Mitchell Services reported a transitional FY25 with revenue growth but earnings pressure from lower utilisation and mobilisation costs. The company secured key contracts and launched a decarbonisation joint venture, positioning for a stronger FY26.

Northern Star Resources has delivered record FY25 financial results, including a landmark dividend and a strengthened balance sheet, while advancing its strategic acquisition of De Grey Mining’s Hemi project.

Amaero Ltd reported a 470% revenue surge to $3.8 million for FY2025, driven by expanded production capacity and exclusive supply deals, while continuing to invest heavily in infrastructure and operations, resulting in a $24.4 million loss.

Latrobe Magnesium secures EPA Victoria approval to begin commissioning and operations at its Hazelwood North Demonstration Plant, moving closer to commercial magnesium oxide production.

Servcorp Limited reported a landmark FY25 with revenue up 11% to $352.1 million and net profit after tax rising 36% to $53.1 million, driven by disciplined execution and strategic global expansion.

Orezone Gold Corporation reports solid Q2-2025 results from its Bomboré Gold Mine, maintaining production guidance and progressing major expansion projects on schedule and budget.

Marvel Gold Limited has secured all Tanzanian government approvals to complete its acquisition of Cobra Resources and is set to begin exploration at the Hanang Gold Project, a promising site in Tanzania's Iramba-Sekenke Greenstone Belt.

Gibb River Diamonds reports strong Phase 1 grade control drilling results at the Neta Gold Prospect, confirming high-grade gold mineralisation from surface and setting the stage for imminent mining activities.

Western Gold Resources has appointed VM Drilling to execute a major 35,300-metre grade control and infill drilling campaign at its Gold Duke Project, aiming to fast-track production readiness and enhance resource confidence.

Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.

Northern Star Resources confirms steady Ore Reserves at KCGM and outlines robust FY26 production guidance amid ongoing mill expansion. The company highlights strategic underground development and exploration efforts supporting future growth.