Latest Storage Facilities News

Vertex Minerals has completed construction and begun commissioning of its Gravity Gold plant at the Reward Gold Mine, supported by significant capital raises and strategic hires.

Orion Minerals advances its Definitive Feasibility Studies for the Flat Mines and Prieska Copper Zinc projects, with independent reviews underway and production targeted for 2026.

Sayona Mining’s December 2024 quarterly report reveals robust operational gains at North American Lithium, a successful $38 million capital raise, and a transformative merger agreement with Piedmont Lithium.

Delta Lithium reports robust December quarter results with significant gold drilling successes at Mt Ida and progress on lithium development at Yinnetharra, alongside strategic leadership changes and asset sales.

Capricorn Metals delivered a robust December quarter with rising gold production, record cash flow, and strategic expansions, positioning itself strongly for FY25 targets.

Sandfire Resources reported a 5% increase in copper equivalent production for H1 FY25, alongside a reduction in injury rates and operating costs at its Motheo operation. The company secured key approvals for a new tailings facility at MATSA, underpinning long-term growth.

Arafura Rare Earths has secured a pivotal A$200 million investment commitment from the National Reconstruction Fund Corporation, advancing its Nolans Project towards a final investment decision targeted for mid-2025.

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.

Adriatic Metals has transitioned from development to production, delivering strong silver equivalent output in Q4 2024 despite extreme weather disruptions, and has updated its 2025 guidance with ambitious expansion plans.

Meeka Metals has made substantial strides in developing its Murchison Gold Project, backed by a fully funded expansion and a robust feasibility study projecting $1 billion in pre-tax free cash flow over 10 years. With first gold targeted for mid-2025, infrastructure and mining operations are advancing ahead of schedule.

29Metals Limited delivered a robust December Quarter 2024 update, marked by significant operational progress including high-grade copper discoveries at Europa and a successful debt refinancing that strengthens its financial footing.

29Metals delivered a solid December 2024 quarter, meeting production and cost targets while strengthening its balance sheet through a $180 million equity raising and senior debt refinancing. The company is poised to extend its Golden Grove mine life with the Gossan Valley investment.