Latest Processing News

Broken Hill Mines has lifted quarterly ore processing to its highest level since 2020 and silver production to a record 102,922 ounces. The result comes as the restarted Pinnacles mine reaches its first clean high-grade bench, opening a path toward greater use of the Rasp plant.

SHAPE Australia has won an approximately $800 million fixed-price contract to expand DigiCo’s SYD1 data centre campus by 52 MW. The award lifts SHAPE’s work in hand above $1.4 billion and is expected to contribute materially to revenue across FY27 and FY28.

OD6 Metals has reported surface channel samples of up to 24 metres at 51.1% CaF₂ and rock-chip grades reaching 98.4% at Blue Bell in Nevada. The first-pass results elevate Blue Bell to Quinn’s fourth priority target, although drilling is still needed to establish scale, continuity and true widths.

Native Mineral Resources delivered its strongest quarter since restarting the Blackjack plant, with fine gold outturn up 84% to 2,330.9oz and operating cash flow turning positive. The result improves the production picture, but the company remains reliant on debt-funded development and a steady handover from Mid Pit to North Pit.

Auric Mining has moved from study work towards execution at its Burbanks-Munda gold plan, securing processing infrastructure for A$1.2 million and reporting strong Munda drilling results. The company is targeting mining at Munda in late 2027 and first gold from Burbanks in early 2028, subject to approvals and project execution.

MGX Resources has reported its first Central Tanami resource statement since acquiring a 50% stake, giving the company an attributable 1.4 million ounces of gold. The shift comes as Koolan Island’s remaining iron ore resources fall to 3.3 million tonnes and its Ore Reserves are reduced to zero ahead of a planned divestment.

Infinity Metals has cut the equity consideration for its Tule Canyon acquisition option by A$10,000, reducing the maximum issue from 10 million to 9 million shares. The revised terms are designed to keep the related-party transaction below the ASX threshold requiring shareholder approval and an independent expert report.

Maronan Metals has added a new AGM resolution seeking approval for a $20 million placement to fund drilling, feasibility work and permitting at its Maronan Project. The issue would also allow Kinterra Fund II to lift its voting power to approximately 22.99%.

Norwest Minerals has strengthened the technical case for its Bulgera heap-leach project, but its annual report highlights a sharper near-term constraint: just A$394,541 in cash at 30 June and material uncertainty over its ability to continue as a going concern. The company subsequently raised about A$1.89 million through an entitlement offer.

Vault Minerals has completed dispatch of the scheme booklet for its proposed merger with Genesis Minerals, moving the transaction into its decisive shareholder-vote phase. An independent expert has backed the deal as being in shareholders’ best interests, subject to no superior offer emerging.

SIV Capital reported a $28,000 operating cash outflow for the September quarter and held $7.781 million in cash and interest-bearing deposits. The balance sheet remains substantial, but the company’s securities have now been suspended from ASX quotation since December 2024 while it evaluates a transaction.

Australian Dairy Nutritionals reported a 54% year-on-year revenue fall in the September quarter and held just A$513,000 in cash against a A$619,000 operating cash outflow. The infant formula group is pursuing a A$500,000 placement and a broader capital raise as it waits for China distribution growth and Vietnam sales to rebuild momentum.