Latest Storage Facilities News

Sandfire Resources reported resilient March quarter results despite severe weather disruptions, maintaining its FY25 copper equivalent production guidance and reducing net debt by $45 million. The company also advanced exploration and secured a new $650 million corporate revolving facility, enhancing financial flexibility.

29Metals Limited reports solid operational progress at Golden Grove with cost improvements and project development, while Capricorn Copper remains suspended focusing on water management and regulatory compliance. The company completes senior debt refinancing, maintaining strong liquidity and guidance.

29Metals reported a significant drop in copper production costs alongside steady zinc output and progress on critical infrastructure projects in its March 2025 quarterly update.

Following its merger with Poseidon Nickel, Horizon Minerals reports a consolidated mineral resource portfolio featuring 1.8 million ounces of gold and 422,700 tonnes of nickel, positioning the company for sustained production and growth.

Kaiser Reef Limited reports significant progress in its Nova Zone, extending development and ramping up ore production with promising high-grade gold intercepts. Infrastructure upgrades support the transition to increased output at the historic A1 Gold Mine.

Brightstar Resources has reported outstanding metallurgical test results from its Cork Tree Well deposit, with gold recoveries exceeding 90% across multiple rock types. The company is fast-tracking further drilling to expand resource potential amid a recent board change.

Aurumin Limited has initiated a 2,000m drilling campaign at its Central Sandstone Project targeting high-grade iron ore, advancing a potential $7 million joint venture with Newcam Mineral Pty Ltd. This move aims to unlock significant value from a promising iron ore district with grades up to 67% Fe.

Theta Gold Mines has made significant strides in developing its TGME Gold Plant, securing $6 million in private equity and progressing an EPC contract with PowerChina's subsidiary. The company is also integrating surface gold resources into its mining schedule and advancing environmental and social governance initiatives.

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.