Latest Operational Update News

Legend Mining Limited reported a stable cash flow for the June 2025 quarter, ending with nearly AUD 11.8 million in cash and equivalents and an estimated 32.7 quarters of funding available.

Lotus Resources has completed key refurbishments at its Kayelekera Uranium Project in Malawi, restarting the SAG mill and progressing through hot commissioning towards first uranium oxide production this quarter.

Almonty Industries has had its trading suspension lifted following the release of an updated technical report on its Sangdong Project in South Korea, signaling renewed investor access and potential project reassessment.

QMines Limited has announced a 16% increase in the gold resource at its Mount Mackenzie project, now totaling 151,000 ounces of gold and 902,000 ounces of silver. This upgrade strengthens the company’s regional production strategy and highlights potential for further resource growth.

HyTerra Limited is advancing its Nemaha Project with the imminent spudding of the McCoy 1 well, moving towards data-driven exploration backed by strategic funding from Fortescue Future Industries Technologies.

Northern Star Resources has met its FY25 gold sales guidance with strong June quarter results and outlined an ambitious FY26 production and capital expenditure plan focused on growth and operational readiness.

Metro Mining Limited achieved a record June shipment of 589,000 wet metric tonnes of bauxite, marking a 16% year-on-year increase despite weather-related logistical constraints. The company also confirmed resilient Q3 pricing aligned with market conditions.

HMC Capital has delayed the Neoen VIC Portfolio acquisition settlement by one month, secured a $200 million mezzanine financing facility, and announced a strategic merger of its renewable energy platforms under new leadership.

TMK Energy is set to drill a new pilot well at its Gurvantes XXXV Coal Seam Gas Project and is making headway in securing strategic partnerships, particularly with Chinese companies experienced in horizontal drilling and fracking.

Critical Resources Limited has completed a $500,000 capital raising and finalized the acquisition of the Amoco Antimony-Gold Project, expanding its footprint in the New England fold belt.

Boss Energy’s Alta Mesa Uranium Project in Texas is accelerating production with uranium extraction rates surpassing 3,000 pounds per day and ongoing wellfield expansion.

Matsa Resources has received a significant A$5 million option fee from AngloGold Ashanti, marking a key milestone in their Lake Carey Gold Project partnership. This payment underlines the progressing $101 million deal between the two mining companies.