Latest Production Targets News

AIC Mines has awarded a fixed-price $77.6 million contract to GR Engineering to expand its Eloise processing plant capacity from 725,000 to 1.1 million tonnes per annum, with construction set to begin in October 2025 and commissioning expected by late 2026.

Cygnus Metals has raised A$18.3 million through a well-supported share placement to accelerate resource expansion and mining studies at its flagship Chibougamau copper-gold project following strong drilling results.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking the Gold Duke Project towards near-term production amid record gold prices.

Auric Mining has launched mining operations at the Munda Gold Mine Starter Pit, marking a key milestone with the first blast and steady progress toward October completion. The company is poised to expand with plans for a larger pit next year amid a bullish gold market.

Aurelia Metals has unveiled a robust growth strategy targeting around 40,000 tonnes of copper equivalent production by fiscal 2028, backed by a strong balance sheet and multiple development projects. The company is advancing key operations in the Cobar region while emphasizing operational discipline and sustainability.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking production at its Gold Duke Project. With full mining approvals and a preferred contractor in place, the company is poised to capitalise on soaring gold prices.

Aguia Resources has landed a A$4 million loan offer from Brazil’s Southern Development Bank to fund the initial phase of its Tres Estradas phosphate project, enabling production to commence by early 2026 with plans for rapid expansion.

Green Critical Minerals has completed commissioning of the first module of its commercial-scale VHD Graphite Production Plant, setting the stage for scalable manufacturing and targeted revenue in early 2026.

Bathurst Resources reports robust cash reserves and steady profitability while progressing development of its Buller and Tenas metallurgical coal projects. The company also navigates ongoing litigation that could impact its governance.

EVE Health Group’s subsidiary Nextract has inked a pivotal two-year agreement with TeleDocs Clinic, enabling nationwide online prescribing of its upcoming erectile dysfunction and dysmenorrhea products ahead of regulatory approval.

Rox Resources has initiated dewatering at the Youanmi Gold Project’s Main and United North pits, marking a critical step toward underground access and production. The company is on track with exploration declines and resource updates, progressing steadily toward gold production.

Robex Resources confirms steady progress on its Kiniero Gold Project in Guinea, maintaining schedule and budget for first gold production in late 2025.