Latest Operational Restart News

Sheffield Resources has resumed mining and processing at its flagship Thunderbird Mineral Sands Mine following repairs to critical equipment, signalling a return to production at this major Western Australian asset.

Core Lithium has taken the final investment decision to restart its Finniss Lithium Project, backed by a $307 million diversified funding package and strategic partnerships. The project targets a 20-year mine life with low operating costs and significant growth potential.

Manuka Resources has officially ended its Care and Maintenance phase and is gearing up to restart gold and silver production in the second quarter of 2026. The company has secured its management team and begun ore movements, signalling a significant operational shift.

OM Holdings Limited reported a sharp decline in profit and EBITDA for FY2025, impacted by lower selling prices and market competition, while preparing to complete a major asset disposal valued at US$120 million.

Altamin Limited has obtained a retrospective Environmental Impact Assessment approval for its Gorno Project in Italy, strengthening its regulatory footing and supporting strategic options for development.

Savannah Goldfields Limited reported a quarterly cash flow deficit but anticipates positive cash flow from resumed gold production and has extended its key loan facility to ease near-term pressures.

Tigers Realm Coal continues to face significant delays in selling its Russian subsidiaries due to prolonged government approval processes and challenging market conditions. The company is exploring alternative strategies as operational risks mount.

Phoslock Environmental Technologies has amended its December 2025 quarterly report to correct funding data and withdraw its sales outlook, while reporting improved cash flow and resuming factory operations.

Phoslock Environmental Technologies has reversed its cashflow deficits with a quarterly surplus, resumed factory operations after a long pause, and is gearing up for significant sales growth in 2026.

Auric Mining has resumed operations at its Munda Gold Mine with 67,000 tonnes of high-grade ore stockpiled, setting the stage for imminent gold production and revenue generation.

Polymetals Resources has bolstered its financial position with new loan facilities and option exercises following a fatal incident at its Endeavor Mine, which has now resumed continuous operations.

Polymetals Resources has begun a staged restart of its Endeavor Silver-Zinc Mine following a tragic explosion that claimed two lives. The company is conducting a thorough safety review as investigations continue.