Latest Production Targets News

Northern Minerals Limited (ASX – NTU) has launched a $60.5 million equity placement to fund the development of its Browns Range Heavy Rare Earths Project in Western Australia, supported by strategic partnerships and conditional debt backing from Australian and US government agencies.

Northern Minerals has raised $60.5 million through a heavily oversubscribed placement to advance its Browns Range Heavy Rare Earths Project, positioning itself as a key supplier of critical minerals essential for clean energy and defense technologies.

Challenger Gold has raised A$30 million through an institutional placement to fund the ramp-up of its Hualilan gold project and support an extensive drilling campaign ahead of first production in early 2026.

Redcastle Resources is set to restart exploration drilling with a focused 2,700-metre Reverse Circulation program targeting key gold prospects in Western Australia’s Redcastle Project Area. The campaign aims to deepen geological understanding and leverage joint venture synergies to advance resource potential.

TotalEnergies has lifted the force majeure on the $20 billion Mozambique LNG project, signaling a full restart after 4.5 years. RBR Group, uniquely positioned as the only ASX-listed company with direct exposure, stands to benefit from the surge in workforce and infrastructure demand.

Helios Energy has successfully completed its first oil sales following the restart of operations at its Presidio Oil Project in Texas, signaling a pivotal shift from exploration to production.

Sandfire Resources reported a robust start to FY26 with copper equivalent production exceeding forecasts by nearly 5%, alongside a significant reduction in net debt and key regulatory approvals advancing its growth projects.

Perseus Mining reported steady gold production and cashflow growth in Q1 FY26, while progressing key projects including the CMA Underground and Nyanzaga development. The company also completed a CEO transition and renewed its share buyback program.

BCI Minerals reports significant progress at its Mardie Salt Operation and Potash Project with near-complete pond inundation and major construction milestones achieved in the September 2025 quarter.

Theta Gold Mines has mobilised contractors and begun civil works at its TGME Gold Mine Project, advancing steadily toward plant commissioning by the end of 2026 and production in early 2027.

VRX Silica Limited has secured four binding offtake contracts for 410,000 tonnes per annum of silica sand from its Arrowsmith North project, representing nearly half of its initial production capacity and marking a significant commercial milestone.

Beacon Minerals has announced a robust Laterite Ore Reserve at its Iguana Deposit, projecting strong pre-tax cash flows and a streamlined 12-month mine life. The Pre-Feasibility Study underscores the project’s economic viability amid current gold prices.