Latest Processing Facilities News

Raiden Resources has extended its Phase 2 drilling program at the Vuzel Gold Project in Bulgaria, intersecting a visually distinct potential epithermal feeder zone and expanding near-surface gold mineralisation by 600 metres. Assays are pending to confirm the grade and nature of this promising discovery.

Aguia Resources Limited has reduced its Share Purchase Plan price to 3.6 cents and extended the closing date, while reporting promising initial drill results at its Santa Barbara gold project and securing a $4 million loan to kickstart phosphate production in Brazil.

Bass Oil Limited reported steady oil production in May with a 3% increase in output and announced plans to acquire the Vanessa gas field, marking a strategic pivot towards gas production in Australia’s evolving energy landscape.

Catalyst Metals reports positive infill drilling results at its Trident Gold Project, confirming expected mineralisation and enabling development to commence with first ore targeted in late 2025.

Avenira Limited has secured Northern Territory Government approval for its Wonarah Direct Shipping Ore Mine Management Plan, paving the way for first ore shipment by Q4 2025. The project includes infrastructure development and exploration drilling to support future beneficiation.

Aguia Resources has landed a A$4 million loan offer from Brazil’s Southern Development Bank to fund the initial phase of its Tres Estradas phosphate project, enabling production to commence by early 2026 with plans for rapid expansion.

Element 25 has locked in a $50 million senior debt facility from the Northern Australia Infrastructure Facility to expand its Butcherbird manganese project, underpinning supply for its US battery materials plant.

Cygnus Metals reports robust infill drilling results from its flagship Corner Bay deposit, reinforcing the potential for resource growth and underpinning an upcoming Mineral Resource update scheduled for Q3 2025.

Winsome Resources signals it is unlikely to exercise the Renard Option by August 2025 due to ongoing lithium market volatility, while maintaining strong focus and funding for its flagship Adina Lithium Project.

Western Gold Resources has secured a binding toll milling agreement with Wiluna Mining Corporation to process ore from its Gold Duke Project, marking a pivotal step towards production.

Polymetals Resources has officially commenced commercial production at its Endeavor silver zinc mine in Cobar, NSW, with zinc concentrate shipments set to begin in early July 2025. The company is progressing steadily toward ramping up output in the second half of the year.

Gibb River Diamonds has successfully completed a heritage survey over the proposed open pit at its Neta Prospect, removing a key obstacle to mining development within the Edjudina Gold Project. The project moves closer to production with mining costs borne by a private contractor.