Latest Produce News

Polymetals Resources moved its Endeavor silver-zinc-lead mine from restart to commercial production in FY2026, generating A$100.0 million in revenue. The milestone came alongside a A$47.0 million loss, negative operating cash flow and an auditor warning over going-concern uncertainty.

Osmond Resources reported a A$7.61 million FY26 loss and warned of a material uncertainty over its ability to continue as a going concern, despite holding A$5.50 million in cash. The company is betting its Spanish Orión project can move from exploration into a resource estimate and scoping study in the coming months.

Ballymore Resources has reported its strongest Torpy’s intersection yet, with shallow drilling returning 580.4g/t silver, 25.88% lead, 10.08% zinc and 8.7g/t indium over 2 metres. The result extends mineralisation 40 metres up-dip and supports the company’s emerging high-grade shoot model, although the project remains at the exploration stage.

Astral Resources has reported a 1.54g/t Au weighted average across 41 infill holes at Theia, including several high-grade intervals that exceed the existing Stage 1 resource grade. A separate deviated hole returned 1m at 219g/t Au, adding further support to the early mining inventory while deeper drilling continues.

Sunrise Energy Metals has put its Syerston scandium project on a stronger financial footing, ending FY2026 with A$115.4 million in cash and a conditional US$400 million debt commitment. The project still faces a decisive sequence of tests: final investment approval, binding offtake agreements, financing conditions and construction execution.

EV Resources has produced a 68.3% antimony concentrate from preliminary bench-scale testing of material from the Vinatas operation in Mexico. The results support Tecomatlán as a potential regional processing hub, but the proposed ore supply remains non-binding and plant-scale performance is untested.

Magnum Mining has confirmed broad shallow TREO enrichment across the 8.3 km² Feirinha target in Brazil, led by a 15-metre interval grading 2,190 ppm. The result is encouraging, but recoverability and mineral continuity remain untested as the company shifts to laboratory work.

Brazilian Rare Earths has commissioned its Stage I beneficiation pilot plant in Bahia and produced its first rare earth mineral concentrate. Partners will contribute R$6.4 million, or about A$1.7 million, towards the next hydrometallurgical stage planned for commissioning in Q2 2027.

Element 25 has signed a binding AU$50 million NAIF facility agreement for its Butcherbird Expansion Project, replacing an earlier funding commitment with a contractual financing framework. The money is not yet available: financial close, first drawdown and other conditions precedent remain outstanding.

Sigma Lithium says its Brazilian mining and processing operations remain active after reports of a preliminary court ruling allegedly suspending its environmental licences. The ASX-listed producer says it has received no legal notice and will begin its formal defence when Brazilian courts resume on September 8.

Titan Minerals has extended high-grade gold-silver mineralisation at its Dynasty project in Ecuador and reported broad infill results that could support resource classification upgrades. The company is adding drilling capacity ahead of a Mineral Resource Estimate and Scoping Study targeted for the first quarter of 2027.

Barton Gold has secured approval for the environmental scope governing development studies at its Tunkillia gold and silver project in South Australia. The milestone moves the project towards a Mining Lease application, with updated resources, Ore Reserves and a pre-feasibility study targeted for the first quarter of 2027.