Latest Production Guidance News

Echelon Resources has completed the Palm Valley 14 appraisal well as a gas producer after a flow test recorded approximately 3 million standard cubic feet per day with no water or oil. First gas is expected before the end of October, with the well forecast to deliver 3-4 terajoules a day once tied in.

Ramelius Resources produced 48,839 ounces in the September quarter and generated A$60.2 million in underlying free cash flow, keeping it on track for FY27 guidance. The gold miner also ended the period with A$768.0 million in cash and gold after progressing its Mt Magnet expansion, Rebecca-Roe approvals and share buyback.

West African Resources produced a record 127,950 ounces of gold in the September quarter, keeping its 2026 guidance within reach. Strong output at Kiaka offset weaker Sanbrado production, although explosives permitting remains an unresolved operational constraint.

Tāiko Critical Minerals has submitted its response to Expert Panel comments on the Southern Block of its Barrytown project, with the approval decision still scheduled for 8 December. The company says it has met every deadline so far, but the filing does not indicate whether consent will be granted.

West Wits Mining has received a second R236 million senior debt drawdown, taking total funding received for Qala Shallows to R575 million and supporting its claim that the project is funded through steady-state production. Underground development is accelerating, with stoping scheduled to begin in February 2027 and annual recovered gold targeted at 70,000 ounces by early 2029.

Sigma Lithium says a Federal Court of Appeals decision has restored the environmental licences supporting its Grota do Cirilo operation, allowing mining and processing to resume. The company has also reaffirmed its target of reaching 330,000 tonnes of annualised lithium oxide concentrate production by year-end 2027.

Regis Resources ended the first quarter with $1.28 billion in cash and bullion after producing 83.0koz of gold, despite significant rainfall in September. FY27 production guidance remains unchanged, but the quality of quarterly cash generation will face closer scrutiny when full results arrive.

Alkane Resources has reported a transformational FY2026, with the Mandalay merger helping lift revenue to A$935.8 million and profit after tax to A$228.7 million. The enlarged gold and antimony producer has also declared its first dividend and approved a buy-back, while setting broadly stable production guidance for FY2027.

Sigma Lithium has temporarily halted all mining and industrial production at its Grota do Cirilo operation in Brazil while awaiting a Federal Court of Appeals ruling over an environmental dispute involving Quilombola community rights. The company is maintaining its FY2027 production target of 330,000 tonnes, but has delayed its 240,000-tonne 12-month guidance by three months.

Piche Resources has identified a broad gold-silver system at Toro Hosco in Argentina after completing its maiden 5,911-metre drilling campaign. The exploration progress came alongside a $5.27 million annual loss, $5.22 million operating cash outflow and reliance on post-year-end equity funding.

SQX Resources Limited (ASX:SQX) has emerged from a transformational year with two advanced US gold projects, broad shallow mineralisation at Red Bird and exceptional underground assays at Williams. The exploration gains came alongside a $1.83 million loss, falling cash and a further $2.47 million capital raising completed after year-end.

Felix Gold advanced bulk extraction, processing and refinery plans at its Alaska antimony project in FY26, but the push came with a larger loss, falling cash and an auditor-documented material uncertainty over going concern. A potential US$18 million Department of Energy award remains subject to negotiation rather than a committed funding source.