Latest Produce News

Pursuit Minerals has recorded its highest lithium brine assay at Rio Grande Sur, with a deep packer sample returning 809mg/L from the Mito tenement in Argentina. More than 20 additional samples from the completed hole remain pending, while drilling has moved to DDH-4.

Ora Banda Mining has begun underground development at Waihi in Western Australia, where drilling has returned intersections of up to 1.6 metres at 65.9 g/t gold. The mine is scheduled to deliver first underground ore in mid-2027, ahead of the company’s planned 3.0 Mtpa Davyhurst processing plant.

Rox Resources has started surface diamond drilling at Youanmi, targeting resource conversion, incremental growth and deeper extensions of the high-grade United North system. The campaign could support future reserve growth and mine-life extensions, but its value still depends on drilling results that have yet to arrive.

LinQ Minerals has reported broad, shallow copper-gold intersections at Monza, including 113 metres at 0.71% copper equivalent from 33 metres. Mineralisation remains open in multiple directions, while a largely untested corridor could connect Monza with the nearby Estoril resource.

West African Resources delivered A$437 million in first-half net profit after tax as Sanbrado and Kiaka combined for their first full six months of production. The gold miner will return A$228.8 million to shareholders while accelerating debt repayments.

Kingfisher Mining has remade itself around a 700 square kilometre New South Wales exploration portfolio, with Copper Blow emerging as the flagship after high-grade drilling. The shift came alongside a $1.16 million FY2026 loss, $1.21 million in cash and an explicit reliance on future funding.

Exultant Mining has reported its first consolidated annual results since listing, recording a $1.526 million loss and holding $3.50 million in cash at 30 June 2026. Exploration has advanced across Black Hammer and Peak View, but the company remains dependent on future funding and assay results to justify its portfolio.

Aeris Resources delivered FY26 production within guidance while building a much larger investment program around Tritton, including the Constellation and Mallee Bull developments. The company enters FY27 with no debt, $202 million in cash and receivables, and a sharper test of whether higher spending can convert expanded resources into longer mine life and production.

Canadian Phosphate has extended visually identified phosphate mineralisation at its Wapiti project in British Columbia to approximately 9km of strike. The company will spend more on exploration while deferring its Barnes bulk sample to 2027 and relying on lower-margin Montana inventory for near-term supply.

Golden Dragon Mining has extended the Cue Gold Project’s high-grade story, with Behring Bore returning 4 metres at 6.98 g/t gold and Coodardy mineralisation now defined across about 500 metres of strike. A larger 2,500-metre RC program will test whether the zones continue at depth and along strike.

Red Sky Energy will seek to turn a suspended 2008 exploration well into a new gas production point in South Australia, targeting 0.52 Bcf of gross incremental raw gas. The proposed work carries an estimated A$0.60 million net cost for Red Sky, but still requires joint venture approval and confirmation of the well’s downhole condition.

EV Resources has moved its Tecomatlán plant from integration into live proof-of-concept processing, with 200 metric tons of antimony ore delivered and crushing underway. The company is now targeting its first marketable antimony concentrate, although plant-scale performance remains unproven.