Latest Production Targets News

Star Minerals has reported robust grade control drilling results at its Tumblegum South Gold Project, confirming excellent continuity and grade of gold mineralisation ahead of final mine planning.

Vertex Minerals has arranged a A$9 million convertible loan facility to support underground gold production at its Reward Gold Mine, with conversion into shares and options pending shareholder approval.

Carnaby Resources has reported exceptional high-grade copper-gold drill results from the Trek 1 extension at its Greater Duchess Project, revealing significant down-plunge continuity that promises to boost the project’s mineral inventory.

Auric Mining has delivered a standout performance at its Munda Starter Pit, producing 46% more gold than budgeted and generating a net cash position of A$43.5 million. The results suggest a larger, higher-grade gold resource than previously estimated.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Tolu Minerals has locked in a significant A$23.75 million investment from Indonesian heavyweights Petrindo and Petrosea, setting the stage for a major infrastructure push at the Tolukuma Gold Mine ahead of planned production in early 2027.

Pantera Minerals spotlights the launch of EnergyX’s Lonestar lithium demonstration plant in Texas, marking a key step towards a 50,000 tonne per annum lithium production target in the US.

Lindian Resources has operationalised its Tipume Accommodation Camp at the Kangankunde Rare Earths Project, enabling workforce expansion and accelerating construction towards first production in late 2026.

Alara Resources has announced that its Al Wash-hi Majaza Mine and concentrator in Oman are producing consistently above nameplate capacity, marking a significant operational milestone despite shipment delays.

Star Minerals has completed the sale of its West Bryah copper-gold project to Catalyst Metals for $2.75 million, including cash and shares, while Catalyst also takes a strategic stake in Star Minerals. This move strengthens Star Minerals’ focus on advancing its Tumblegum South Gold Project.

Neometals Ltd has released a positive scoping study for its Ironclad gold deposit at the Barrambie Gold Project, outlining a rapid production pathway with potential output of up to 11,000 ounces of gold within a year.