Latest Quarterly Activity Report News

G50 has extended the known strike of its Golconda gold-silver system to more than 1.8km, with shallow high-grade results from the Golden Eagle target. The ASX-listed explorer also finished the quarter with A$25.778 million in cash after a placement backed by Hancock Prospecting.

BCI Minerals has pushed the Mardie project to 90% construction completion, while crystallised salt rose more than fivefold to 266,000 tonnes during the September quarter. The company still targets first salt on ship in calendar 2027, but the timetable depends on summer evaporation and the final commissioning push.

Aureka is approaching a decisive shareholder vote on its proposed acquisition of the Fiddlers Creek mine and Wedderburn mill, after raising $7.25 million and ending September with $6.993 million in cash. Exploration results at Irvine and Comstock add further upside, but the company’s transition from explorer to producer is not yet complete.

Beetaloo Energy is approaching a pivotal Q4 milestone, with its Carpentaria Gas Plant moving into final instrumentation and electrical works after Carpentaria-5H sustained an average 6.9 TJ/day flow. The company also ended September with $113.2 million in liquidity and unveiled a longer-term gas-to-power and data centre opportunity near Darwin.

Regis Resources maintained FY27 production and cost guidance after September rainfall cut first-quarter output to 83.0koz and pushed AISC to $3,617/oz. Cash and bullion still rose to $1.28 billion, although a large tax payment and dividend have created a significant near-term cash call.

Bellevue Gold has kept FY27 production and cost guidance intact despite a slower-than-expected mining contractor ramp-up that reduced September-quarter output to 35,585 ounces. The company also cut forward sales commitments to 57.5koz, increasing its future exposure to spot gold prices while capital spending weighed on free cash flow.

Native Mineral Resources delivered its strongest quarter since restarting the Blackjack plant, with fine gold outturn up 84% to 2,330.9oz and operating cash flow turning positive. The result improves the production picture, but the company remains reliant on debt-funded development and a steady handover from Mid Pit to North Pit.

Auric Mining has moved from study work towards execution at its Burbanks-Munda gold plan, securing processing infrastructure for A$1.2 million and reporting strong Munda drilling results. The company is targeting mining at Munda in late 2027 and first gold from Burbanks in early 2028, subject to approvals and project execution.

Hamelin Gold has expanded its Day Dawn drilling campaign after intersecting multiple high-grade gold lodes, including 3 metres at 93.4 g/t Au from 9 metres. The company raised approximately $8 million during the quarter and held $9 million in cash as it prepares for diamond drilling and further exploration across Western Australia.

Alkane Resources has opened FY27 with 40,740 gold equivalent ounces of production and $440 million in cash and bullion. The miner has maintained its full-year guidance while funding mine extensions, growth projects and its maiden dividend.

Ramelius Resources produced 48,839 ounces in the September quarter and generated A$60.2 million in underlying free cash flow, keeping it on track for FY27 guidance. The gold miner also ended the period with A$768.0 million in cash and gold after progressing its Mt Magnet expansion, Rebecca-Roe approvals and share buyback.

West African Resources produced a record 127,950 ounces of gold in the September quarter, keeping its 2026 guidance within reach. Strong output at Kiaka offset weaker Sanbrado production, although explosives permitting remains an unresolved operational constraint.