Latest Production Targets News

Toubani Resources has locked in a binding commitment for a US$73.3 million senior debt facility from Coris Bank to fund its Kobada Gold Mine construction, advancing its financing package amid strong cash reserves.

Kingsgate Consolidated has secured royalty and water rights for its Nueva Esperanza silver-gold project in Chile, removing significant financial burdens and unlocking development potential.

Ausgold Limited has promoted Ben Stockdale from CFO to CEO and appointed Reece Olney as GM Operations, reinforcing its leadership as the Katanning Gold Project approaches a final investment decision.

Sunstone Metals has reported significant new drill results at its Bramaderos project in Ecuador, with wide gold-copper mineralised zones extending beyond the current 3.6Moz resource. The ongoing drill program is set to upgrade a large exploration target, reinforcing the project's growth potential ahead of a resource update later this year.

Core Lithium has secured a $274 million contract with Develop Global to advance underground mining at the BP33 deposit, a cornerstone of its Finniss Lithium Operation, aiming for first ore by mid-2027 and full production in 2028.

Catalyst Metals reports a 75% expansion of the high-grade underground gold zone at Cinnamon, challenging existing geological models and supporting plans for increased production from the Plutonic Gold Belt.

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

Genmin has drawn strong international interest to finance its Baniaka iron ore project in Gabon, with proposals ranging from joint ventures to prepayment facilities. The Gabonese government backs the project as a national priority, aiming for a final investment decision by mid-2026.

Tartana Minerals revises its corporate presentation to clarify prior disclosures while spotlighting a $4.5 million capital raise to boost copper sulphate production and expand drilling across its Far North Queensland portfolio.

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.

Larvotto Resources has hit a key operational milestone with first ore delivered from its Metz underground mine to surface stockpiles at Hillgrove, maintaining schedule and budget ahead of plant commissioning in August 2026.

Lotus Resources has disclosed operational challenges at its Kayelekera uranium mine, revising production figures downward and delaying steady-state output to the third quarter of 2026.