Latest Production Milestones News

Papyrus Australia reached a key production milestone by delivering 200 biodegradable Collar Keeper® samples to TBS Mining Solutions, confirming its manufacturing scalability. The company’s May cash flow shows a steady funding runway amid ongoing R&D and commercialisation efforts.

KGL Resources has locked in a conditional placement raising approximately A$180 million as part of a broader A$300 million equity raise to fully fund the Jervois Copper Project. The placement attracted strong backing from major shareholders and global institutions, setting the stage for construction and production milestones.

Resources & Energy Group (ASX:REZ) has extended gold mineralisation at its Gigante Grande prospect, confirming significant intercepts 1 km south of the existing resource and supporting a substantial exploration target.

Pan African Resources PLC has delivered a 5.6% increase in gold production to 196,527 ounces for FY25, alongside a 60.5% jump in adjusted EBITDA to US$226.6 million. The group’s strategic acquisition of Tennant Mines in Australia and the early commissioning of the Mogale Tailings Retreatment operation mark significant milestones in its growth trajectory, underpinned by a robust sustainability and governance framework.

Core Lithium has begun underground decline development at its BP33 deposit within the Finniss Lithium Project, alongside ongoing open pit mining at Grants, and successfully shipped its first lithium products via Darwin Port.

Lindian Resources reports strong construction and mining readiness progress at Kangankunde, maintaining its timeline for first production in late 2026 while advancing a major expansion study.

Dotz Nano has secured A$3.3 million through a private placement, backing its next phase of production scale-up and customer engagement under incoming CEO Nati Harpaz.

Renegade Exploration has divested its 22% stake in the Carpentaria Joint Venture to True North Copper for $2.88 million, securing cash, shares, performance rights, and a new Queensland gold project, while preserving exposure to key copper assets.

Nickel Industries reported a robust US$80 million Adjusted EBITDA for April-May 2026, driven by a strong May rebound and significant working capital releases. The company also progressed commissioning of its Excelsior Nickel Cobalt HPAL project, targeting nickel cathode production by mid-August.

Great Divide Mining Ltd (ASX: GDM) has received its first cash payment of USD 78,480.35 from gold concentrate sales at its Challenger Gold Mine, marking a key milestone in its transition from explorer to producer within three years of listing.

Cokal Limited has secured regulatory approval to resume mining at its Bumi Barito Mineral project, with operations set to restart mid-June and a 10,000 MT coal shipment planned for late June.

Tiger Gold has finalised its option to acquire LCL Resources’ Colombian gold assets with a $4.5 million payment, bringing total cash consideration to $7.5 million and strengthening LCL’s balance sheet ahead of a formal transfer on 11 June 2026.