Latest Processing Plant Upgrades News

Ramelius Resources delivered 192,182 ounces of gold in FY26, meeting guidance for the sixth year, while integrating the Spartan acquisition and advancing key projects including the Rebecca-Roe DFS and Mt Magnet plant upgrade.

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.

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.

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.

AIC Mines projects copper production growth to 18,500 tonnes in FY27, driven by Jericho mine's commercial start and accelerated Eloise plant expansion.

Orezone Gold outlines 2026 production and cost outlook for its newly acquired Casa Berardi mine, highlighting a transitional phase with higher costs and planned exploration ramp-up.

AIC Mines has returned strong drilling results from the Jolly shoot at its Jericho copper deposit, reinforcing the deposit’s potential as the first mining target and underpinning the ramp-up of production at nearby Eloise.

Vault Minerals delivered 78,578 ounces of gold in the March quarter at an AISC of A$3,006/oz, generating a remarkable $229 million in underlying free cash flow. The company completed the first stage of its King of the Hills plant upgrade and declared a maiden dividend, reinforcing its position as a high-yielding gold producer.

Aguia Resources’ Brazilian subsidiary has achieved a key regulatory milestone with official fertiliser registration, enabling commercial sales of its PAMPAFOS phosphate product in Brazil’s large agricultural market.

Peninsula Energy has partially converted US$4.1 million of its convertible loan facility with Adare Finance, reducing its outstanding debt and issuing nearly 20 million shares at A$0.30 each. This transaction supports ongoing funding for the Lance Uranium Project restart and Reset Plan execution.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.