Latest Produce News

TMK Energy says average gas production at its Gurvantes XXXV pilot in Mongolia has risen 11% above August’s daily average, with several wells reaching record rates. The company is now pursuing higher production, a gas-to-power project and regulatory steps to convert its 2C resources into reserves.

Kalgoorlie Gold Mining has secured A$2.3 million through a placement and launched a fully underwritten A$1.1 million entitlement offer to fund exploration at its Pinjin Gold Project. The capital will target new drilling at the Lighthorse discovery, where earlier assays included high-grade gold within broader mineralised intervals.

AngloGold Ashanti has completed a 2,659-sample soil geochemistry program at EcoGraf’s Golden Eagle project in Tanzania, with results now pending ahead of a planned drilling phase. The work forms part of a US$9 million farm-in while EcoGraf prepares separate exploration across a broader portfolio of gold and critical-minerals targets.

Charger Metals has mobilised an RC rig for a 10,000m programme aimed at expanding and upgrading confidence in its 10.6Mt Medcalf lithium resource. The work is funded by the $3.752 million cash sale of the Bynoe Lithium Project and comes as Charger commits to a scoping study at Lake Johnston.

ABx Group and its ALCORE subsidiary have received nearly $600,000 in R&D tax offsets, while ALCORE has completed repayment of $2.61 million in unused government grant funds. The company is now awaiting a decision on a separate Industry Growth Program application worth up to $5 million.

Imagion Biosystems has signed nanoComposix to resume GMP-aligned manufacturing of the MagSense nanoparticle core, a move designed to support its FDA-cleared HER2 breast cancer programme without the fixed cost of an in-house facility. The agreement improves manufacturing readiness, but its value, duration and production commitments remain undisclosed.

Infinity Mining has extended the gold anomaly at its Tanjil Dome project in Victoria to about 1km and identified a separate 1.5km anomalous trend at Good Hope. Surface samples returned up to 3.70 g/t gold at Tanjil Dome and 12.91 g/t from a Good Hope mullock sample, with trenching and drilling now planned.

Auris Minerals has identified potential strike extensions to gold mineralisation at Jacques East and returned further anomalous results at Frenchys South from 22 air core holes. The more decisive test now shifts to more than 100 one-metre samples intended to reveal whether the composite grades conceal higher-grade, nuggety zones.

Entropy Neurodynamics reported that all six patients in Cohort 1 of its Phase 2 BED trial maintained clinically meaningful improvement 12 weeks after two TRP-8803 infusions. Three patients experienced no binge-eating episodes during the 84-day follow-up, although the results come from a small, open-label study without a control group.

Nelson Resources is selling its Woodline and Fortnum exploration projects for up to $1.09 million, including $690,000 in stated cash consideration and contingent Woodline payments. The divestments are intended to sharpen the company’s focus on Gold Point in Nevada and other priority assets.

Falcon Metals has confirmed high-grade gold and visible gold across a 750-metre strike at the Lotus Zone, including intercepts of up to 64.0g/t. The result keeps Blue Moon open to the north, while three diamond rigs continue testing the broader Bendigo-style system.

Catalyst Metals has increased the Trident underground Ore Reserve by 32% to 524,000 ounces, supporting a planned mine life of more than 10 years. The result strengthens the company’s ambition to build a 2Moz Reserve base across the Plutonic Belt, although further growth depends on drilling and mine execution.