Latest Production Update News

Argosy Minerals has executed a spot sales contract for 60 tonnes of battery-grade lithium carbonate from its Rincon project, locking in a price tied to the SMM benchmark. This deal underscores the company’s emerging role in the resurging lithium market.

Predictive Discovery’s Definitive Feasibility Study for the Bankan Gold Project confirms robust economics with a 12.2-year mine life producing 250,000 ounces annually and a post-tax NPV of US$1.6 billion. The study outlines a clear path to construction and production in Guinea, backed by strong financial returns and environmental approvals.

Emerald Resources reports a softer June quarter at Okvau Gold Mine due to operational cutbacks but remains on track for full-year targets and ambitious expansion plans across Cambodia and Australia.

St Barbara Limited updates its FY25 gold production guidance amid temporary mining delays caused by heavy rainfall at Simberi, while maintaining steady cost expectations and financial resilience.

Ora Banda Mining updates FY25 guidance, forecasting 95,000 ounces of gold production, below prior estimates, after processing plant upgrades delayed throughput ramp-up.

Blue Star Helium has commenced drilling the State 9 well at its Galactica helium project in Colorado, marking a significant step in its helium development program. The well is progressing toward the Lyons Formation reservoir with plans for flow testing and production tie-in.

Arizona Lithium has achieved a landmark regulatory approval for Phase 1 production at its Prairie Lithium Project, marking the first lithium brine operation sanctioned in Saskatchewan. Updated drilling and modeling have significantly expanded the project's resource base and production potential.

Whitebark Energy has secured over 90% of King Energy, advancing exploration at the Alinya Project in South Australia while repositioning its Warro Gas Project towards renewable energy.

Xstate Resources has acquired a 51% stake in the Diona project, setting the stage for its ASX re-quotation and a planned drilling campaign in the third quarter of 2025. The company is also undertaking a capital raise of at least $1.5 million to support these initiatives.

FirstWave’s Q3 FY25 update reveals steady contract renewals alongside tighter cash reserves, as the cybersecurity firm advances strategic partnerships and operational efficiencies.

Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.

OM Holdings delivered a robust production update for Q4 2024, with ferrosilicon output rising sharply despite manganese ore price declines and operational challenges. The company also secured a top sustainability award and made significant debt repayments.