Latest Production Restart News

Volt Resources exceeded its graphite production goals in Q4 2024, producing over 800 tonnes at its Ukrainian Zavalievsky mine, while progressing development of its Tanzanian Bunyu Graphite Project and refining a novel US-based purification process.

Develop Global Limited reports significant progress at its Woodlawn copper-zinc mine, with the processing plant upgrade 70% complete and underground ore production set to begin in March 2025. The company has secured a US$65 million funding facility and projects A$425 million in pre-tax cash flow over the first three years post-ramp-up.

OM Holdings delivered a robust production update for Q4 2024, with ferrosilicon output rising sharply despite manganese ore price declines and operational challenges. The company also secured a top sustainability award and made significant debt repayments.

Fitzroy River Corporation's latest quarterly report reveals a dip in royalty income but highlights progress on major silver and gold projects, alongside strategic moves in energy royalties.

Lotus Resources has locked in US$38.5 million in financing to support the restart and ramp-up of its Kayelekera uranium project in Malawi, targeting positive cash flow by Q3 2025.

Native Mineral Resources secures a conditional $6.5 million investment from entrepreneur Wes Maas, supporting its Queensland gold projects and targeting production restart in Q3 2025.

Buru Energy is progressing steadily on its Rafael Project, aiming for commercial agreements in early 2025 and production by late 2027, while implementing significant cost reductions to sharpen its financial position.

Catalyst Metals is on track to nearly double its annual gold production to 200koz by revitalising the Plutonic East mine, backed by strong grade control drilling results and a modest A$31 million capital plan.

VIP Gloves Limited reports a sharp decline in quarterly sales receipts as it invests heavily in restarting manufacturing operations, while legal proceedings continue to loom.

Peninsula Energy has resumed uranium production at its Lance Project in Wyoming, capturing 1,100 pounds of uranium in late December 2024, while securing key regulatory approvals to expand mining operations.