Latest Storage Facilities News

Abacus Storage King has received a revised acquisition proposal from a consortium led by Ki Corporation and Public Storage, increasing their cash offer by 15% to A$1.65 per security. The independent board committee is opening a six-week due diligence window but urges securityholders to hold off on any action.

Stellar Resources has extended its Memorandum of Understanding with Australian Hualong to explore using existing infrastructure near its Heemskirk Tin Project, aiming to enhance development plans and increase tin production.

Pilot Energy has issued $600,000 in convertible notes under a previously approved $1.8 million facility with Discovery Investments, correcting a minor contractual reference without altering terms.

Adriatic Metals has officially declared commercial production at its Vareš Silver Operation in Bosnia and Herzegovina, overcoming earlier operational hurdles. This milestone sets the stage for steady output and stronger cash flow.

Santana Minerals has released an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, showcasing robust economics with a 13.8-year mine life and strong production profile. The study highlights significant capital efficiency improvements and a refined mining strategy.

Green Critical Minerals’ McIntosh Graphite Project Pre-Feasibility Study confirms robust economics with a post-tax NPV of A$235 million and a 32.5-year mine life, underpinning plans for staged development and market entry.

Barton Gold Holdings has updated its Challenger Gold Project resources near the Central Gawler Mill to 223,000 ounces of gold, setting the stage for a potential low-cost production start by late 2026. The company’s total gold resources now stand at 1.9 million ounces, supported by extensive drilling and metallurgical testwork.

Brightstar Resources has completed a Definitive Feasibility Study for its Menzies and Laverton Gold Projects, outlining a robust staged development plan with strong financial returns and a targeted final investment decision in 2025.

Ausgold Limited’s Definitive Feasibility Study for the Katanning Gold Project confirms a robust 10-year open pit mine with strong production and financial metrics, setting the stage for rapid project advancement.

Aurum Resources has launched a 30,000m diamond drilling campaign at its Napié Gold Project alongside an aggressive 100,000m program at Boundiali, aiming to boost its combined 2.5Moz gold resource with key updates and a Pre-Feasibility Study due by year-end.

Larvotto Resources has obtained formal approval from NSW authorities for a key development modification at its Hillgrove Antimony-Gold Mine, clearing the way for a 2026 production restart backed by strong market fundamentals.

Astral Resources has released a compelling Pre-Feasibility Study for its Mandilla Gold Project in Western Australia, outlining a 19-year mine life with robust economics and a maiden ore reserve of 1.1 million ounces. The study sets the stage for a Definitive Feasibility Study targeted for mid-2026.