Latest Mining And Production News

AIC Mines Limited reported a robust FY25 with $189.6 million revenue and $15 million net profit, securing key contracts and funding for its Eloise expansion and Jericho development.

Almonty Industries reported significant losses in Q2 2025 as it advances the Sangdong tungsten mine in South Korea and completes a US$90 million Nasdaq IPO to fund growth projects.

Adelong Gold has formally issued a Deadlock Notice to Great Divide Mining, citing fundamental disagreements over the approval of the Challenger Gold Mine’s first annual programme and budget. The dispute raises questions about the joint venture’s path forward amid conflicting claims on production targets and technical assumptions.

Orezone Gold Corporation reports solid Q2-2025 results from its Bomboré Gold Mine, maintaining production guidance and progressing major expansion projects on schedule and budget.

New Murchison Gold Limited reports strong operational progress at its Crown Prince Gold Mine, with mining underway and first ore parcel sales to Westgold’s Bluebird plant expected in September 2025.

Coronado Global Resources reported breakeven EBITDA in Q2 2025 despite a 24% drop in coal prices, driven by significant cost reductions and ramping up of expansion projects. The company forecasts stronger profitability and cash flow in the second half, supported by improved production and liquidity.

Coronado Global Resources reported a $172.4 million net loss for the half-year ended June 30, 2025, driven by falling metallurgical coal prices and reduced sales volumes. The company initiated liquidity measures including a $75 million coal prepayment and debt refinancing, but credit rating downgrades have cast doubt on its going concern status.

Catalyst Metals has significantly upgraded its Trident underground gold resource, doubling indicated ounces and setting a clear path toward doubling annual production to 200,000 ounces. This milestone underscores the company’s strategic progress in the Plutonic Gold Belt.

Western Gold Resources has signed a pivotal 24-month toll milling agreement, advancing its Gold Duke Project towards near-term production amid rising gold prices and a recent capital raise.

Aspire Mining Limited has refined its Ovoot Coking Coal Project development plans to reduce upfront capital expenditure, progressing towards mining commencement in Q4 2025 amid positive market feedback and advancing infrastructure contracts.

Swift Networks reports positive FY25 cash flow and EBITDA, secures new mining contracts, and progresses its next-generation Swift Access 2026 platform poised to accelerate growth.

Great Divide Mining has taken a decisive step towards becoming a near-term gold producer through a new joint venture with Dart Mining and securing a Queensland government grant for exploration.