Latest Processing Facilities News

Cleanaway Waste Management posted a 14.6% rise in underlying EBIT to $411.8 million for FY25, driven by solid waste services growth and strategic acquisitions. However, the Board exercised discretion to reduce executive short-term incentives by 30% due to safety performance issues including three fatalities.

Prodigy Gold NL has reported a total mineral resource of 1.03 million ounces of gold, driven by updated estimates at its Tregony and Hyperion deposits and a restatement of Buccaneer resources reflecting higher gold prices.

Metal Bank Limited is fast-tracking gold production at its Livingstone project in Western Australia, leveraging near-surface resources and existing processing infrastructure, while advancing copper and critical minerals exploration in Saudi Arabia.

Challenger Gold’s Argentinian subsidiary has obtained the crucial explosives permit to begin drill and blast operations for toll milling at the Hualilan Gold Project, unlocking near-term cash flow potential. The company’s recent Pre-Feasibility Study underscores robust economics, setting the stage for accelerated development.

Horizon Gold is advancing its Gum Creek Gold Project feasibility study on track for early 2026 completion, with significant resource expansion and deep drilling planned to extend mine life and enhance project economics.

Alkane Resources has reported promising gold intersections near its Tomingley Gold Operations, with standout results at the El Paso prospect and along the Tomingley Structure. These findings underpin plans for further drilling and resource growth.

Euro Manganese Inc. reported a $12.8 million loss for the nine months ended June 30, 2025, while securing $11.1 million in equity financing and amending its $20 million convertible loan facility. The company highlights ongoing funding risks as it advances its manganese projects.

Savannah Goldfields launches an 80-hole drilling campaign targeting extensions of key gold deposits near its Georgetown plant, aiming to secure near-term oxide gold feed and extend production life.

Cygnus Metals has pinpointed multiple promising copper-gold drilling targets adjacent to the historic Cedar Bay mine within its Chibougamau Project, mobilizing an additional rig ahead of a comprehensive resource update next month.

Olympio Metals has confirmed significant near-surface gold mineralisation at its Amadee Prospect in Quebec, extending a broad mineralised zone linked to the nearby high-grade Paquin Prospect. The results highlight potential for open-pit mining in a world-class gold district.

Black Cat Syndicate has initiated diamond drilling at the promising Paulsens West seismic target, located just 600 metres from its Paulsens Gold Operation. This co-funded exploration effort aims to unlock new mineral potential identified through advanced seismic data reprocessing.

5E Advanced Materials has released a comprehensive Preliminary Feasibility Study for its Fort Cady boron project in California, outlining robust economics and a 39.5-year mine life. The study highlights strong market fundamentals amid tightening global boric acid supply.