Latest Storage Facilities News

Toubani Resources has officially commenced construction at its Kobada Gold Project in Mali, marking a pivotal step towards first gold production targeted for late 2027.

Orica Limited has resolved its US litigation with CF Industries by agreeing to a US$169.5 million settlement and is acquiring Nelson Brothers’ explosives business, strengthening its North American operations and boosting earnings.

Ballard Mining reports promising high-grade gold drill results from its Mt Ida regional prospects, accelerating a major 220,000m drilling program aimed at extending mine life and boosting production.

Native Mineral Resources has reported impressive shallow high-grade gold intercepts at its Podosky deposit, reinforcing plans to commence mining by April 2026. The results bolster confidence in the deposit’s open-pit potential and support ongoing development at the Ravenswood Gold Project.

Heavy Minerals Limited has defined a substantial garnet exploration target at the Kanmantoo site in South Australia, estimating up to 50 million tonnes grading 17-25% garnet. The company is advancing metallurgical testing and funding discussions, positioning for a near-term investment decision.

Pilot Energy has locked in a $25 million equity subscription facility with US-based LDA Capital, aiming to fast-track its carbon storage and data centre projects while reducing funding risks.

Group 6 Metals Limited has reported a striking turnaround with a $25.6 million revenue haul and a return to profit, driven by soaring tungsten prices and operational gains at its Dolphin Tungsten Project. The company is now gearing up for underground mining to sustain growth.

Investigator Silver Limited’s Definitive Feasibility Study confirms the Paris Silver Project as a high-margin, low-risk development with rapid payback and modest funding needs. The study outlines a conventional open-pit mine in South Australia, poised for near-term production with robust financial metrics.

Australia’s ANSTO has independently confirmed that Lindian Resources’ Kangankunde monazite concentrate is exempt from radioactive transport classification, simplifying export logistics and lowering downstream costs.

29Metals Limited reported a strong turnaround in 2025 with a 3% revenue increase and a 76% jump in Golden Grove’s EBITDA, alongside a significant reduction in debt. The company also advanced plans for Capricorn Copper’s restart.

Elevra Lithium Limited reported an 8% revenue increase and a US$74 million profit for the first half of FY26, driven by higher lithium prices and strategic merger synergies. The company advances its North American Lithium expansion while managing temporary production challenges.

Sarytogan Graphite Limited has secured a crucial 27-year water licence for its Kazakhstan graphite project, marking a significant step in de-risking development. This approval complements prior permits and supports the upcoming feasibility study.