Latest Production And Development News

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Neometals has completed a second phase of metallurgical testing at its Ironclad gold deposit, delivering gold recoveries that surpass previous assumptions and support near-term project development.

Havilah Resources has locked in a $105 million upfront payment from Sandfire Resources for the Kalkaroo project and signed a binding farm-in agreement with Hillgrove Resources for Mutooroo, while gearing up for regional drilling in South Australia’s Curnamona Province.

NoviqTech's Coralia has kicked off a comprehensive trial converting invasive Chinese Apple trees into biochar at its Great Barrier Reef project, aiming to validate carbon removal methods and support institutional partnerships.

Bass Oil has landed a $3.5 million grant from the South Australian Government to fund a production pipeline for its 100% owned Kiwi gas project, aiming to connect it to Cooper Basin infrastructure and boost domestic gas supply by 2028.

Brightstar Resources has given the green light to its Goldfields Project, commencing construction of a 1.5Mtpa processing plant at Laverton. First gold production is slated for June 2027, backed by full funding and regulatory approvals.

Meeka Metals is transitioning to underground mining at its Murchison Gold Project, with capital investment tapering and exploration drilling underway to support resource growth and production expansion.

Corazon Mining has secured the Chalice Gold Project from Westgold Resources, gaining a 191,000oz high-grade gold resource and a strategic partnership with Westgold as a near-20% shareholder.

The Australian Treasurer has mandated the disposal of over 1.6 billion shares held by foreign entities in Northern Minerals, intensifying regulatory scrutiny of foreign ownership in this critical rare earths company.

Bass Oil’s April sales revenue jumped 245% driven by Cooper Basin stock sales and high oil prices, with production rising 4%. The imminent Bunian 6 well spud promises to double Indonesian output by June, while the Vanessa gas acquisition edges closer to regulatory approval.

Paladin Energy Ltd (ASX:PDN) swung to a quarterly profit with US$8.4 million gross profit and bolstered its balance sheet through a A$400 million equity raise, positioning itself for expansion in uranium production and development.

Develop Global has landed a substantial A$274 million underground mining contract at Core Lithium’s Finniss Project, marking a major shift from Bellevue Gold and boosting its lithium services portfolio.