Latest Operational Risk News

Western Gold Resources has secured board approval to mine its wholly owned Gold Duke Project, backed by a $6.75 million oversubscribed placement and a robust updated resource estimate of 277,000 ounces of gold. Mobilisation is set for early 2026 as the company advances towards production.

Everlast Minerals advances pilot operations at its Gaibandha Mineral Sands Project, securing a critical 500kW power connection and strengthening government ties in Bangladesh.

Aeris Resources delivered steady copper and gold output in Q2 FY26, achieving a debt-free balance sheet and a robust cash position. Exploration drilling at Tritton signals promising resource extensions.

Sinowin Lithium, MRG Metals’ joint venture partner, aims to kick off production at the massive Corridor Sands Heavy Mineral Sands Project in Mozambique by March 2027, backed by significant early investment and regulatory approvals.

Complii FinTech Solutions reported a solid 6.6% annual increase in recurring revenue and unveiled the first stage of a major CRM overhaul, signaling a strategic push to enhance its capital raising and compliance platform.

29Metals Limited has initiated a fully underwritten $150 million entitlement offer at $0.40 per share, aiming to bolster its growth projects and operational recovery following seismic disruptions. The retail offer opens on 28 January and closes on 11 February 2026.

Auric Mining has completed mining at the Munda Starter Pit and begun toll processing the second ore campaign at Lakewood Mill, with gold sales expected to start in early February.

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.

Australia United Mining reported a productive quarter at its Forsayth project with gold-silver output, but heavy rains forced a halt to mining activities. The company faces a tight cash position, relying on related party loans and potential asset sales to sustain operations.

European Lithium has agreed to acquire US-based titanium company Velta Holding in an all-scrip transaction, marking a strategic diversification beyond lithium into critical materials.

Hillgrove Resources has inked a binding deal with Heavy Minerals to extract garnet from Kanmantoo’s tailings, unlocking a fresh income source and extending the life of its tailings storage facility.

Venari Minerals reports significant metallurgical improvements at its Red Mountain Lithium Project in Nevada, achieving a 46.2% lithium grade upgrade and enhanced recovery through innovative pre-soaking techniques. The company also engages expert consultants to refine processing ahead of a maiden resource estimate.