BHP has reported a robust 10% increase in copper production for the half year ended December 2024, driven by record output at Escondida and strong performances across key assets. Despite a weather-related setback in South Australia, the company remains on track to meet FY25 guidance while advancing major growth projects and sustainability initiatives.
Rio Tinto's Q4 2024 production results reflect steady operational performance with record bauxite output and significant progress on key growth projects like Oyu Tolgoi and Rincon lithium expansion.
Genesis Minerals Limited reported a record December quarter gold production of 57,055oz, driven by an accelerated Laverton mill restart and strong operational execution. The company’s cash reserves surged 34% to A$238 million, underpinning its debt-free growth strategy.
Beacon Minerals Limited has reported a strong December quarter at its Jaurdi Gold Project, producing 6,861 ounces of gold-exceeding guidance and setting the stage for further growth in 2025.
True North Copper has successfully completed a $53.44 million capital raising and debt restructuring, exiting voluntary administration and securing ASX reinstatement. The company shifts focus to exploration at Mt Oxide and Cloncurry, retracting prior production plans for the next 12 months.