Latest Operational Restart News

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Pacgold Limited has agreed to acquire the White Dam Gold Operation in South Australia, unlocking near-term gold production and cash flow with minimal upfront capital. The acquisition complements its Queensland projects and sets the stage for growth.

Savannah Goldfields is advancing steadily towards resuming gold production at its Georgetown plant, with environmental approvals secured and operational preparations underway for an October restart.

PRL Global Limited has cleared all hurdles to acquire Centrex Ltd and Agriflex Pty Ltd, including the Ardmore Phosphate Mine, with operations already resuming and first shipments expected later this year.

Austral Resources Australia Ltd reported a steep increase in half-year losses to $24.17 million, driven by discontinued operations, while advancing key acquisitions and debt restructuring efforts.

Savannah Goldfields Limited is poised to restart gold production in 2025 at its Georgetown and Agate Creek sites, backed by solid ore reserves and ambitious exploration plans to extend mine life.

Kingsgate Consolidated Limited reports a robust financial turnaround in FY2025, driven by resumed mining operations and record production at Chatree Gold Mine. Revenue more than doubled, while net profit rebounded to A$29.5 million.

Cyprium Metals has secured A$80 million through a placement and entitlement offer to fund the restart of its Nifty Copper Complex and reduce existing debt, backed by strong institutional support.

Savannah Goldfields Limited has announced a $15 million equity raising through a placement and conditional placement, offering free attaching options subject to shareholder approval. The capital raise aims to strengthen the company’s financial position and support its operational restart plans.

Horseshoe Metals has received mining approval for Direct Shipping Ore operations at its Horseshoe Lights project, recommissioned key infrastructure, and secured $851,000 in funding to accelerate near-term copper-gold production.

Cyprium Metals has made significant strides in its phased restart of the Nifty Copper Complex, targeting a final investment decision in Q3 2025, while consolidating 100% ownership of the Paterson Exploration Project after IGO's exit.