Latest Plant Upgrades News

Manuka Resources has boosted the net present value of its Cobar Basin silver and gold project to A$153 million, driven by higher commodity prices, while advancing financing talks and exploring a Mt Boppy open pit cut-back to enhance production.

EQ Resources has successfully raised A$4 million through a strongly supported placement to fund expansion and optimization at its Mt Carbine tungsten mine, reinforcing its position amid global supply challenges.

Bellevue Gold Limited has reported a record free cash flow of A$67 million for the June 2025 quarter, driven by strong production and operational improvements, setting a robust foundation for FY26.

AIC Mines has exceeded its FY25 production guidance at the Eloise Copper Mine, delivering 12,863 tonnes of copper and 5,955 ounces of gold in concentrate, surpassing its targets. This marks the second consecutive year and eighth straight quarter of meeting or beating production goals.

Aurelia Metals has unveiled a robust growth strategy targeting around 40,000 tonnes of copper equivalent production by fiscal 2028, backed by a strong balance sheet and multiple development projects. The company is advancing key operations in the Cobar region while emphasizing operational discipline and sustainability.

Meeka Metals reports significant new shallow high-grade oxide gold drill results at Turnberry Central, extending the Stage 1 open pit and promising to boost production beyond initial plans.

Ora Banda Mining updates FY25 guidance, forecasting 95,000 ounces of gold production, below prior estimates, after processing plant upgrades delayed throughput ramp-up.

GR Engineering has won a $79 million contract variation to advance the King of the Hills processing plant upgrade, pushing total project value to $155 million and increasing throughput capacity significantly.

Manuka Resources has announced a comprehensive 10-year mine plan to produce 13.2 million ounces of silver plus gold credits from its Wonawinta and Mt Boppy projects, leveraging existing infrastructure and an upgraded processing plant.

Meeka Metals is on track to commission its upgraded processing plant at the Murchison Gold Project by June 2025, aiming for first gold production shortly thereafter. The company has also expanded its workforce accommodations and advanced underground mine preparations.

Horizon Minerals has raised A$30 million through a two-tranche share placement, strengthening its balance sheet to fast-track exploration and processing upgrades. The capital injection aims to boost resource drilling and refurbish the Black Swan plant ahead of increased gold production.

Vault Minerals has expanded its King of the Hills open pit Ore Reserve by 33%, underpinning an 18-year mine life and announcing a $92 million Stage 2 plant upgrade to increase processing capacity to 7.5 million tonnes per annum.