Latest Operational Risks News

NewPeak Metals has acquired the Allaru Vanadium Project in Queensland, marking a strategic pivot into critical minerals, supported by a planned $2–3 million capital raise via rights issue.

Besra Gold Inc. reports a robust cash position of A$23.2 million, supporting the expanded Jugan Bankable Feasibility Study that now includes a hybrid open-pit and underground mining approach. The renewal of the Jugan mining lease remains pending but progress continues with key metallurgical and geotechnical work underway.

Marvel Gold reports a cautious quarter with $0.513 million cash on hand and ongoing negotiations over its Mali assets, while actively exploring new opportunities beyond Mali for sustainable growth.

Agrimin Limited's latest quarterly cash flow report reveals a significant reduction in cash reserves alongside ongoing operational expenditures, prompting plans for further capital raising to maintain project momentum.

Fitzroy River Corporation's latest quarterly report reveals a dip in royalty income but highlights progress on major silver and gold projects, alongside strategic moves in energy royalties.

Aura Energy has reported a substantial 49% increase in Ore Reserves at its flagship Tiris Uranium Project, advancing towards a Final Investment Decision in early 2025 while also benefiting from positive regulatory shifts in Sweden.

IGO Limited has ceased all work on Lithium Hydroxide Plant 2 at its Kwinana Refinery, anticipating a substantial impairment loss in its upcoming half-year financial results.

Melbana Energy reports steady progress on its Cuban Block 9 project, including an imminent workover of Alameda-2 and upcoming drilling of Amistad-2, supported by a solid cash position of $9.7 million.

Core Lithium Ltd reports solid progress on its Finniss Lithium Project, highlighting robust drilling results, a healthy balance sheet, and steady advancement of its restart study targeting a June 2025 completion.

Netwealth Group Limited has reported a record $4.5 billion in net inflows for the December 2024 quarter, marking a 69.8% increase year-on-year and driving its funds under administration past $100 billion.

Noble Helium Limited has postponed its western margin shallow drilling program due to adverse weather and restricted site access, aiming to resume once conditions improve.

DXN Limited has landed a $0.6 million contract with Kiribati’s state-owned BwebwerikiNET Limited, boosting its FY25 project wins to $1.8 million and reinforcing its foothold in Micronesia’s critical data infrastructure.