Latest Operational Restart News

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.

Vertex Minerals has raised A$3.9 million through new share issuance, advancing its A$11 million capital raising to support the restart of its Hill End Gold Project amid strong gold prices.

Paladin Energy reports a 33% production surge at its Langer Heinrich Mine alongside a key environmental milestone for its Canadian project and announces a new CEO appointment. The company outlines strong FY2026 guidance amid ongoing operational ramp-up.

Helios Energy is making tangible progress restarting production at its Presidio Oil Project in Texas, while strategically enhancing its US-based technical leadership to support future growth.

Larvotto Resources has obtained formal approval from NSW authorities for a key development modification at its Hillgrove Antimony-Gold Mine, clearing the way for a 2026 production restart backed by strong market fundamentals.