Latest Plant Upgrades News

Medallion Metals has appointed Macmahon Underground as the preferred contractor for its Ravensthorpe Gold Project underground mining, securing a $240 million, three-year deal that undercuts prior feasibility estimates by $20 million.

Austral Resources reported a standout high-grade copper-gold discovery at Snow Queen, secured a new SAG mill for Rocklands upgrades, and gained full ownership of Anthill copper production following agreement termination.

Ramelius Resources delivered solid June quarter results, hitting 53,466 ounces at an AISC of A$1,973/oz and generating A$138.3 million in underlying free cash flow. The company met full-year guidance for the sixth consecutive year, advanced key projects, and progressed a major asset sale.

Vault Minerals delivered on FY26 gold production guidance with strong quarterly output and cash flow, while progressing key projects and announcing a merger with Genesis Minerals to form a top 20 global gold producer.

Auric Mining's integrated Scoping Study outlines a $138 million capital plan to restart mining at Munda and upgrade Burbanks processing plant, targeting first gold in early 2028 with robust economics and scalable infrastructure.

GR Engineering Services has landed a $229.5 million EPC contract with BHP Iron Ore for a major brownfield upgrade of the Yandi Eastern primary crushing circuit in Western Australia's Pilbara region.

Meeka Metals reports significant high-grade gold intersections well below the Turnberry Ore Reserve, coinciding with a strategic shift from open pit to underground mining amid contractor productivity issues.

Aurelia Metals (ASX: AMI) exceeded its FY26 gold production guidance, delivering 50.4koz of gold and reporting its highest quarterly operating cash flow since 2018. The company also secured a new $150 million financing facility, bolstering liquidity as it advances key growth projects.

Cobre Limited has secured A$72.4 million of a planned A$90 million placement, reinforcing its balance sheet and funding key expansions at the Sierra Atacama copper project.

Freehill Mining’s aggregates business posted a record $1.36 million in quarterly sales, up 47% from the prior quarter, driven by plant improvements and a broadening customer base. June alone saw a record $496,000 in sales, underpinning the company’s copper project ambitions.

Amplitude Energy reported record FY26 production of 27.6 PJe and revenue of $285.8 million, boosted by strong gas prices and operational gains. The company’s East Coast Supply Project (ECSP) progresses with the Artisan gas field acquisition and upcoming drilling at Juliet and Annie wells.

Aguia Resources has delivered a breakthrough month at its Santa Barbara Gold Project in Colombia, tripling gold production to 851.9 grams from 100 tonnes processed in June while cutting capital and operating costs dramatically.