Latest Production Targets News

Power Minerals Limited has amended its Rincon Lithium Project Joint Venture announcement to clarify mineral resource categories and assumptions, retracting financial forecasts to avoid investor confusion. The Rincon JV incorporation is imminent, unlocking a $4 million investment to advance lithium brine development.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.

Stonehorse Energy’s first well in Alberta’s Ellerslie reservoir is producing ahead of schedule and below budget, prompting plans for three more wells in 2026 to deepen its foothold in Western Canada.

Austral Gold has released its production guidance for fiscal 2026, forecasting 26,000 to 30,000 gold-equivalent ounces from its Chilean and Argentine operations. The outlook reflects steady output at Guanaco and a restart at Casposo, with a notable toll-processing agreement shaping part of the year’s production.

Terragen Holdings has received nearly $1 million in R&D tax incentives, reinforcing its cash position and fueling ongoing development of its innovative agricultural biotech products.

Lotus Resources reports promising progress at its Kayelekera uranium mine, targeting steady state production by Q1 2026 despite recent sulphuric acid supply constraints. The company is addressing supply issues with new sourcing and an on-schedule acid plant rebuild.

New Murchison Gold Limited reports robust November production at Crown Prince Gold Mine, with ore sales exceeding expectations and a $41.6 million payment received from Westgold Resources.

Pantoro Gold's latest drilling at the Scotia Underground Mine reveals high-grade gold mineralisation extending 135 metres below current resources, reinforcing the mine's long-term potential within the Norseman Gold Project.

Lefroy Exploration has officially started mining operations at its Lucky Strike Gold Deposit near Kalgoorlie, with first ore expected by late December and gold production targeted for March 2026.

Vulcan Energy Resources has locked in full financing for its Phase One Lionheart project, marking a pivotal step toward producing carbon-neutral lithium hydroxide in Germany by 2028. The €2.2 billion package combines debt, equity, and government grants, underpinning robust project economics and strategic partnerships.

Vulcan Energy has awarded a €72 million EPCM contract to a Sedgman and HOCHTIEF joint venture for its Phase One Lionheart Project, aiming to produce 24,000 tonnes of lithium hydroxide annually to fuel half a million electric vehicles.

Minerals 260 Limited has doubled the Mineral Resource Estimate for its Bullabulling Gold Project to 4.5 million ounces, positioning it among Australia’s top gold assets. The update follows extensive 2025 drilling and sets the stage for a Pre-Feasibility Study targeting production by late 2028.