🕒 Tuesday 28 January 2025 Tue, 28 Jan 2025

Sunshine Metals has reinterpreted the Liontown stratigraphy, revealing a 3.5km folded dome structure that opens up six new exploration targets. Drilling at the shallow Tigertown prospect is scheduled to begin in February 2025, potentially expanding the Liontown resource base.

De.mem Limited has delivered its second highest quarterly cash receipts ever alongside positive operating cash flow for the December 2024 quarter, marking a milestone full-year cash flow turnaround and setting the stage for continued growth in 2025.

Terramin's December 2024 quarterly report reveals major progress at its Tala Hamza Zinc Project with land acquisition and a $336 million EPC contract, while the Bird in Hand Gold Project faces a legal hurdle after the Supreme Court dismissed its mining lease application.

Viking Mines has unveiled a high-grade inferred mineral resource of 19,000 ounces at its historic First Hit Gold Mine, alongside ongoing drilling and a strong cash position following a recent capital raise.

EBR Systems has signed a long-term lease for a 51,000 sq ft facility in Santa Clara, California, positioning itself for significant manufacturing expansion and future growth in wireless cardiac pacing technology.

Viva Energy delivered a slight increase in sales volumes for 4Q2024 and a record Commercial & Industrial segment performance, despite a disruptive refinery outage and challenging retail conditions. The company also secured key approvals for its Liberty Convenience acquisition, aiming for completion by March 2025.

Sprintex has locked in A$30 million in distribution agreements across the UK, Turkiye, and India, while advancing its innovative G25 Jet Blower launch, signaling a strong growth trajectory in energy-efficient technologies.

BrainChip Holdings reports a US$20 million cash balance and key defense contracts in its December 2024 quarterly update, underscoring its growing foothold in neuromorphic AI commercialization.

Dimerix Limited has inked a lucrative licensing agreement with Fuso Pharmaceutical for its kidney disease drug DMX-200 in Japan, while completing recruitment for its pivotal Phase 3 ACTION3 trial.

Winsome Resources has forged strategic partnerships to integrate carbon dioxide removal technologies with lithium production at its Renard Operation, aiming to generate verified carbon credits and set a new benchmark in sustainable mining.

Vection Technologies has reported a milestone positive net cash flow in its traditionally weak quarter, driven by a 60% half-on-half revenue surge and strategic acquisition integration.

Southern Hemisphere Mining reports robust 2024 drilling results at its Llahuin Copper-Gold-Moly Project in Chile, extending the Cerro-Ferro system strike by 300m and revealing high-grade copper-gold intercepts. The company is advancing towards a Mineral Resource Estimate upgrade in the first half of 2025, with deeper diamond drilling planned.

ECS Botanics reports a striking 339% quarter-on-quarter growth in its B2C sales, offsetting a slight dip in total revenue as it pivots to a hybrid B2B and B2C business model. The company’s record harvest and new product launches position it for a promising turnaround.

Viridis Mining & Minerals has cleared major environmental and regulatory hurdles for its Colossus Rare Earth Project, securing critical local government endorsements and submitting comprehensive impact assessments that pave the way for construction in 2026.

Kingfisher Mining has confirmed two new rare earth element lodes and reported exceptional copper assays, bolstering its position in the Gascoyne region amid ongoing strategic diversification.

Bellevue Gold Limited reported a $52 million net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $112.6 million early repayment on its project loan facility, leaving $79.45 million in cash reserves.

Bellevue Gold Limited reports a robust December 2024 quarter with rising grades and tonnages, setting the stage for a significant production ramp-up and cost reductions in H2 FY25. The company also advances its commitment to sustainability, aiming for net-zero greenhouse gas emissions by 2026.

Ardea Resources reports robust financial health and significant progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, fully funded by a Japanese consortium. The company strengthens its leadership and advances ESG-aligned development of a globally significant nickel-cobalt resource.

Castle Minerals Limited's recent drilling at the Kandia Gold Prospect in Ghana reveals promising deeper gold mineralisation with increasing grade and width, setting the stage for expanded resource potential.

De Grey Mining reports outstanding infill drilling results at the Eagle deposit within the Hemi Gold Project, highlighting significant mineralisation extensions and reinforcing the case for future underground mining development.

Lotus Resources has locked in US$38.5 million in financing to support the restart and ramp-up of its Kayelekera uranium project in Malawi, targeting positive cash flow by Q3 2025.

Sheffield Resources reported a record quarterly concentrate production of 198,704 tonnes at its Thunderbird mine, alongside a strategic expansion of its zircon concentrate customer base. Despite strong operational performance, the company faces short-term financial pressures amid restructuring efforts.

Gold Road Resources projects a significant production increase at Gruyere in 2025 and has initiated underground drilling to potentially extend mine life beyond 2032.

CGN Resources has identified 11 new copper, gold, and niobium targets at its Webb project and expanded its land holdings in the Leonora gold district, setting the stage for a busy 2025 drilling campaign.