Latest Quarterly Production News

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.

Lucapa Diamond Company is grappling with a blockade at its Lulo Alluvial Diamond Mine in Angola, disrupting mining operations and risking first-quarter production. Ongoing talks aim to resolve the standoff amid community demands deemed unreasonable by the company.

Bass Oil Limited reported a 27% drop in quarterly revenue amid natural production declines but highlighted promising developments in its Kiwi gas field project in the Cooper Basin.

D3 Energy’s latest quarterly report reveals record helium concentrations from South Africa’s ER315 project and marks its debut on the US OTCQB market, signaling a pivotal step in its global growth strategy.

Horizon Oil’s latest quarterly report reveals a significant production uplift at the Mereenie field following successful infill drilling, alongside steady cash flow and a strong balance sheet heading into 2025.

Karoon Energy delivered a record full-year sales revenue of US$776.5 million in 2024 despite a slight production dip in the final quarter. The company’s revised resource estimates and plans to acquire the Baúna FPSO signal a pivotal phase for its growth trajectory.

Champion Iron reports solid operational progress with 3.6 million wmt production and key partnerships, despite a sharp net income decline in Q3 FY2025.

Austral Gold reported an 8.5% production increase in Q4 2024 alongside significant cost reductions, though full-year output fell short of forecasts due to equipment delays. The company sets ambitious 2025 targets, supported by a new toll processing deal and plant refurbishment financing.

Mineral Resources Limited reports steady progress in Q2 FY25, maintaining full-year guidance while advancing Onslow Iron towards full capacity and securing significant liquidity through strategic asset sales.

Adriatic Metals delivered a strong Q4 2024 with 934koz silver equivalent produced, setting the stage for commercial production at Rupice Mine in Q1 2025. The company’s financial footing and expansion plans signal confidence in scaling operations.

Austral Resources Australia Ltd reports steady operational progress and promising resource developments in its December 2024 quarter, while navigating an ongoing recapitalisation and leadership transition.

Aurelia Metals delivers a robust December 2024 quarter, hitting key production targets and marking a milestone with first concentrate from its Federation ore. The company maintains a strong balance sheet while advancing growth projects.