Latest Storage Facilities News

Zimplats reported a 14% rise in mined volumes and a 21% increase in final metal output year-on-year, alongside a 20% drop in cash costs per ounce, driven by operational gains and smelter expansion.

Magnis Energy Technologies progresses detailed engineering on its Nachu Graphite Project and moves to fast track US anode material production, while navigating ASX suspension and IM3NY bankruptcy fallout.

Thor Energy has reported significant progress in its natural hydrogen and helium exploration at the HY-Range Project, alongside strategic licence acquisitions and leadership changes. The company also signed a term sheet to sell a majority stake in its US uranium assets.

Tolu Minerals reports significant progress at its Tolukuma Gold Mine, unveiling infrastructure upgrades and a $14.3 million exploration program aimed at boosting production and extending mine life.

Greatland Resources has completed a landmark FY25, integrating Telfer and Havieron operations, producing nearly 200,000 ounces of gold, and raising $490 million in a successful ASX IPO. The company sets ambitious FY26 targets focused on extending Telfer’s mine life through its largest drilling program ever.

Wildcat Resources has completed a positive Preliminary Feasibility Study for its Tabba Tabba lithium project in Western Australia, confirming a long-life mine with strong financial metrics and a clear path to development.

Sandfire Resources reported a 12% rise in copper equivalent production for FY25, narrowly missing guidance due to severe weather and power outages, while slashing net debt by $273 million. The company projects further growth in FY26 despite expected cost pressures.

Kingsland Minerals has initiated a scoping study for graphite concentrate production at its Leliyn Graphite Project, supported by an updated Indicated Mineral Resource estimate. The study aims to assess the economic viability of a processing facility near Pine Creek, NT.

Adriatic Metals reported a 23% rise in silver equivalent production in Q2 2025, driven by a 50% increase in ore milled, while revising full-year guidance lower due to operational constraints. The company also declared commercial production and agreed to a recommended acquisition by Dundee Precious Metals.

St Barbara Limited updates on its Nova Scotia operations with progress on the 15-Mile Processing Hub prefeasibility study, reclamation milestones at Touquoy, and a pioneering pumped hydro energy storage project, while weighing strategic options for its Atlantic Gold assets.

Midas Minerals has revealed widespread copper mineralisation extending over a 2km strike at its South Otavi Project in Namibia, setting the stage for imminent drilling campaigns. The discovery complements ongoing exploration and the pending acquisition of the larger Otavi Project, promising significant growth potential.

Paladin Energy outlines FY2026 operational ramp-up and financial guidance for its Langer Heinrich Mine, projecting increased uranium production and steady cost control ahead of full-scale operations in FY2027.