Latest Operational Costs News

Lotus Resources is on track to restart uranium production at its Kayelekera project in Malawi by Q3 2025, backed by strong funding and binding offtake agreements covering up to 3.8 million pounds of uranium from 2026. Meanwhile, its Letlhakane project in Botswana advances with an updated scoping study supporting robust production potential.

Lark Distilling Co. reported a robust Q3FY25 with net sales rising 31% to $4.3 million, driven by growth in travel retail, ecommerce, and exclusive whisky releases. The company also progressed its Pontville distillery redevelopment and maintained positive operating cash flow.

CurveBeam AI Limited reported a $4.367 million net operating cash outflow for Q3 2025 but anticipates a significant improvement in cash flow driven by device installations and customer receipts, with no immediate plans for capital raising.

Ecofibre Limited reported a $2.2 million operating cash outflow in 3Q25 with total cash at $1.3 million, highlighting mixed progress across its business units and a pressing need to monetise assets to sustain operations.

St Barbara Limited confirms a robust Simberi Expansion Project with a 13-year life of mine plan delivering 2.2 million ounces of gold and annual production exceeding 220,000 ounces from FY28. The project’s strong economics and infrastructure upgrades position it as a significant growth driver amid regulatory uncertainties.

Latitude 66 Limited’s March 2025 quarterly report highlights a compelling Scoping Study for its flagship KSB Gold-Cobalt Project in Finland, confirming strong economics and promising expansion potential. Concurrently, exploration advances at KSB North and Edjudina, alongside strategic corporate developments.

Brazilian Critical Minerals Ltd reports a significant resource upgrade and strong scoping study results for its Ema rare earth project in Brazil, highlighting low operating costs and promising economics.

Rent.com.au Limited reported a net cash outflow of $497k in Q3 FY25 but secured a $1.7 million capital injection through a fully-underwritten entitlement issue to support ongoing operations.

Perseus Mining Limited delivered a robust March 2025 quarter with steady gold production, strong cash flow, and key project milestones including FIDs for the CMA Underground and Nyanzaga Gold projects.

Jindalee Lithium advances its McDermitt Lithium Project in the US with a robust 63-year Pre-Feasibility Study, enhanced permitting progress, and strong US government support under the FAST-41 initiative. Strategic partnerships and funding efforts are underway to de-risk and develop this critical mineral asset.

Grange Resources reported a solid Q1 2025 with a flawless safety record, improved iron ore prices, and strategic progress on key projects despite planned maintenance impacting output and costs.

EcoGraf Limited has advanced its vertically integrated battery anode materials business with a US$105 million loan mandate for the Epanko Graphite Mine, expanded mining licences, and progress in purification technology and community initiatives.