Latest Production Targets News

Lotus Resources is on track to restart uranium production at its Kayelekera project in Malawi by Q3 2025, backed by binding offtake contracts covering nearly 4 million pounds of uranium and a robust cash position.

Robex Resources has successfully listed on the ASX, raising A$120 million to fund its Kiniéro Gold Project in Guinea, which remains on track for first gold production in late 2025. Meanwhile, steady output continues at its Nampala Mine in Mali despite rising costs.

Astral Resources has released a compelling Pre-Feasibility Study for its Mandilla Gold Project, targeting 1.4 million ounces over 19 years with strong financial metrics. The company also advances exploration across its Western Australian assets and integrates Maximus Resources into its portfolio.

Galan Lithium has locked in a $20 million strategic placement and secured a key Argentine government incentive, positioning its Hombre Muerto West project for production in early 2026.

Orion Minerals is advancing its Prieska Copper Zinc Mine towards production, targeting first concentrate by Christmas 2026, supported by a recent $5.8 million capital raise and ongoing project optimisation.

Lycopodium Limited has won a significant A$48 million EPCM contract from Perseus Mining to develop the Nyanzaga Gold Project in Tanzania, marking a third major collaboration between the two companies. The project aims for first gold production by early 2027.

Core Lithium has repositioned its Finniss Lithium Project as a low-cost underground operation with a 20-year mine life, slashing operating costs by a third and boosting production capacity. The company is advancing strategic funding while unlocking flexibility through a key offtake agreement termination.

Firebird Metals is developing Lithium Manganese Rich cathode materials to target next-generation solid-state batteries, aiming to strengthen its position in the evolving EV and high-energy battery markets.

Jade Gas Holdings has secured a A$3.64 million director loan to advance production at its Red Lake Gas Field, anticipating a transformational gas breakthrough this quarter.

Capricorn Metals reported a strong June quarter with Karlawinda gold production meeting FY25 guidance and announced it is now debt free and unhedged. Development at Mt Gibson and Karlawinda Expansion projects progresses, supported by record cash flow.

West African Resources delivered solid Q2 gold production and cash flow, with the Kiaka project completing construction early and under budget. High-grade drilling results at M1 South promise further resource growth.

Cavalier Resources progresses its Crawford Gold Project with key milestones including an $11 million stream finance negotiation with Raptor Capital and the appointment of Colin Bald as General Manager of Operations.