Latest Production Milestones News

Peninsula Energy has locked in a $15 million debt facility from Davidson Kempner to advance commissioning at its Lance uranium project and support an upcoming equity raise. The funding aims to sustain momentum towards production resumption and ASX relisting.

Beetaloo Energy has completed the longest hydraulic stimulation in the Beetaloo Basin at its Carpentaria-5H well, paving the way for upcoming flow testing and potential production milestones.

Resources & Energy Group Limited has finalized the sale of its Mount Mackenzie Gold Project to QMines Limited, securing $1 million in cash and 33 million shares, while sharpening its focus on the East Menzies Gold Project in Western Australia.

Metallium Ltd, formerly MTM Critical Metals, has upgraded its U.S. listing to the OTCQX Best Market, enhancing investor access and aligning with its expanding U.S. operations including a new Texas commercial site.

Leo Lithium has received the final US$177.6 million payment from the sale of its Goulamina stake and is advancing lithium-focused acquisitions, with a potential deal announcement expected soon.

New Frontier Minerals reports strong copper recovery from historical stockpiles at its Big One Deposit, supporting a fast-tracked production pathway through Austral Resources’ Mt Kelly facility.

Kinetiko Energy has signed a non-binding term sheet with FFS Refiners to co-develop a pilot LNG plant at Brakfontein, aiming to fast-track gas production and supply to South Africa's industrial market.

Barton Gold Holdings has entered binding terms to acquire the Wudinna Gold Project in South Australia, adding 279,000 ounces of gold resources to its portfolio. The $15 million transaction, largely settled in shares and milestone payments, awaits Cobra Resources shareholder approval.

Alligator Energy confirms executive succession with Dr Andrea Marsland-Smith stepping in as CEO from July 1, 2025, while Greg Hall transitions to a part-time executive director role. The company is actively recruiting for key operational leadership positions to support its uranium projects.

Rox Resources has completed its two-tranche placement, raising a total of $40 million to advance its Youanmi Gold Project development. The final tranche involved issuing 13.5 million shares to key institutional investors.

Metal Powder Works has doubled its production capacity and launched continuous 24/7 automated manufacturing at its Pittsburgh facility, marking a significant leap in operational efficiency and cost competitiveness.

Polymetals Resources has completed a major refurbishment of its Endeavor processing plant and begun producing saleable silver-lead and zinc concentrates, marking a key milestone in its operational ramp-up.