Latest Production Targets News

West African Resources has reported a robust A$567 million net profit after tax for 2025, driven by strong gold production and operational cash flow. The successful ramp-up of the Kiaka gold production centre and sustained output from Sanbrado underpin the company’s positive outlook for 2026.

Toubani Resources has officially commenced construction at its Kobada Gold Project in Mali, marking a pivotal step towards first gold production targeted for late 2027.

Carnaby Resources has released a compelling Pre-Feasibility Study and maiden Ore Reserve for its Greater Duchess Copper Gold Project, outlining a 12-year mine life with strong financial metrics and a near-term production target.

Bio-Gene has signed a term sheet with Sumitomo Corporation and Nakashima Trading to introduce its 100% natural insecticide Qcide® to Japan’s $1 billion household pest market, aiming for a late 2026 launch.

Pantoro Gold has reported exceptional underground drilling results from the Butterfly area within its Norseman Gold Project, revealing high-grade gold mineralisation close to existing infrastructure and promising further resource expansion.

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

Northern Star Resources has revised its FY26 production outlook downward amid operational hurdles at KCGM and Jundee, while its mill expansion project remains on track for early FY27 commissioning.

Rumble Resources has reported impressive high-grade gold and tungsten drill results at its Western Queen project, underpinning plans for resource upgrades and a feasibility study.

Magnetic Resource NL has significantly increased the underground production target for its Lady Julie Gold Project, extending mine life and improving production rates in a new scoping study update.

Canyon Resources has mobilised its surface miner to the Minim Martap site, targeting first bauxite production in early Q2 2026 and shipment by Q3, fully funded despite a failed equity raise.

OM Holdings reported a modest decline in FY2025 revenue and EBITDA amid subdued market conditions but maintains a positive cash position and sets a stable production outlook for FY2026.

Western Gold Resources has locked in critical approvals and agreements to accelerate production at its Gold Duke Project in Western Australia, backed by an updated resource estimate and a binding toll milling contract.