Latest Operational Readiness News

Genesis Minerals has reported a remarkable fourfold increase in net profit after tax to A$238 million for the first half of FY26, driven by a 58% rise in gold production and robust margins. The company’s strong cash position and accelerated growth plans position it well for the year ahead.

Alligator Energy has completed commissioning of its Samphire pilot plant and is set to begin a four-month uranium field recovery trial, signalling a key step towards project development.

Ventia Services Group has won a one-year, $107 million extension to its Defence Maintenance Contract, reinforcing its role as a key partner to the Australian Defence Force with options for further extensions.

Pacific Lime and Cement has locked in a long-term quicklime supply deal with Newmont, anchoring Papua New Guinea’s first domestic quicklime manufacturing project and advancing local industry development.

Northern Star Resources delivers robust half-year financials, confirming the integration of De Grey Mining’s Hemi Project and nearing completion of the KCGM mill expansion.

Kaiser Reef has transformed the Union Hill waste dumps at its Maldon Gold Project into a significant low-grade gold stockpile, supporting profitable processing at Porcupine Flat through 2030. The company also announced new management appointments and ongoing exploration initiatives.

Malcolm Mines NL’s subsidiary has taken key steps towards establishing a 500,000 tonnes per annum gold processing facility at Leonora, signing critical agreements for technical and funding expertise.

Carnavale Resources has been granted the crucial mining lease for its Kookynie Gold Project, paving the way for a shovel-ready status by Q3 2026 alongside ongoing feasibility studies and drilling campaigns.

Western Gold Resources has taken a decisive step towards production at its Gold Duke Project by awarding pre-mining contracts and appointing SSH Mining as the mine operator, setting the stage for Q1 2026 mobilisation.

Fortuna Metals has reported significant high-grade rutile mineralisation at its Mkanda project in Malawi, with assays from 96 drill holes revealing a mineralised footprint extending over 25km. The Malawi government has confirmed the company’s exemption from raw mineral export restrictions, supporting its in-country beneficiation plans.

Lindian Resources has placed orders for critical long-lead plant equipment and accelerated construction at its Kangankunde Rare Earths Project, targeting first ore feed by November 2026.

Lunnon Metals has officially begun mining at its Lady Herial project, marking the first new mine on the Foster belt in over 30 years and targeting significant gold production amid record prices.