C Csl Limited

Polymetals Raises Funds To Ramp Up Endeavor Mine The Endeavor Mine In Outback New South Wales Is Ramping Back Into Production After A Period Of Inactivity. The Historic Silver-Zinc Operation Has Recently Restarted, With Mining Activity Building As The Site Returns To Steady Operations. $34 Million Capital Raise Polymetals Resources Has Raised More Than $34 Million Through A Capital Raising To Support The Next Phase Of Work At Endeavor. The Funds Will Be Used To Accelerate Drilling, Lift Mining Rates, And Strengthen The Company’S Balance Sheet As Production Increases. Focus On Drilling And Production The Capital Injection Allows Polymetals To Expand Near-Mine And Regional Drilling Programs While Increasing Mining Activity At The Site. The Company Has Flagged Higher Mining Rates As Operations Progress, Supported By Improving Cashflow From The Restart. Timely Boost Amid Strong Silver Prices The Funding Comes At A Time Of Strong Silver Prices, Providing A Favourable Backdrop For The Restart. With Production Ramping Up And Exploration Continuing, Polymetals Is Positioning Endeavor As A Potential Long-Life Asset Within Its Portfolio.

Minres Expands Onslow Iron With $3.5b Build Ken’S Bore Mine Near Onslow Was Once Empty Red Desert. Today, It Sits At The Centre Of One Of Australia’S Largest New Iron-Ore Developments, As Mineral Resources Continues To Scale Up Its Onslow Iron Project In Western Australia. New Mines, Port And Haul Road Minres Is Expanding The Onslow Iron Hub With New Mining Areas, A Deep-Water Port And A 150-Kilometre Auto-Haul Road Designed For Autonomous Road Trains. The Infrastructure Forms Part Of A $3.5 Billion Investment Aimed At Building A Large, Long-Life Iron-Ore Operation With Efficient Logistics. Focus On Cost And Scale The Project Has Been Designed With Cost Control In Mind. Minres Has Previously Sold A Stake In The Haul Road Infrastructure To Reduce Capital Requirements While Keeping Access To The Critical Transport Corridor. Competing In A Changing Market As New Iron-Ore Supply Comes Online Globally, Including From Major Projects In Africa, Minres Is Positioning Onslow Iron To Compete On Cost And Reliability. The Success Of The Project Will Depend On Whether Its Scale And Infrastructure Can Deliver The Low-Cost Edge The Company Is Building Toward.

Why $50 Million Is Being Spent Restarting A Wa Zircon Mine Image Resources Has Invested More Than $50 Million To Bring Its Atlas Mineral Sands Project Back Into Full Production, Around 180 Kilometres North Of Perth In Western Australia. The Atlas Project Replaces The Company’S Earlier Boonanarring Operation And Began Production In 2025, Reaching Full Capacity Shortly After Commissioning. What The Atlas Project Produces The Mine Produces Heavy Mineral Concentrate (Hmc), A Mix Of Minerals That Includes Zircon, Ilmenite And Rutile. Zircon Is The Key Revenue Driver, Historically Accounting For The Majority Of Value Generated At Image Resources’ Operations. Zircon Is Used In Ceramics, Foundry Casting, Refractory Materials And A Range Of Industrial And High-Temperature Applications. Why The Economics Stack Up Atlas Was Developed Using Existing Infrastructure From The Boonanarring Mine, Keeping Capital Costs Relatively Low. The Project Also Has A Short Mine Life, Meaning Capital Recovery Is Targeted Over A Shorter Timeframe Rather Than Across Decades. With Global Zircon Supply Tightening And Few New Mines Coming Online, The Restart Is Positioned As A Near-Term Cashflow Operation Rather Than A Long-Dated Expansion. Is Zircon Back On The Radar? Zircon Has Received Less Attention Than Lithium Or Rare Earths In Recent Years, But Steady Demand And Constrained Supply Are Pushing Prices And Margins Into Focus Again. For Image Resources, The Atlas Restart Is A Measured Bet: Limited Capital, Defined Mine Life And Exposure To A Mineral Quietly Regaining Strategic Importance. Whether Zircon Continues To Justify New Investment Will Depend On Market Conditions — But For Now, The Numbers Appear To Make Sense.

Comet Vale Gold Project Scales Up In Western Australia The Comet Vale Gold Project In Western Australia, Once A Quiet And Largely Forgotten Mine, Is Back In Focus As Drilling Activity Ramps Up Across The Site. What Was Previously A Small Resource Has Now Grown Significantly Following A Year Of Sustained Exploration. Major Resource Increase Confirmed Gorilla Gold Has Announced That The Gold Resource At Comet Vale Has Increased Almost Nine-Fold. The Update Adds Approximately 765,000 Ounces Of Gold, Marking One Of The Company’S Most Significant Milestones To Date. The Growth Comes After An Intensive Drilling Campaign That Expanded Known Mineralisation And Improved Confidence Across Multiple Areas Of The Project. Timing Aligns With Strong Gold Prices The Upgrade Arrives At A Favourable Time, With Gold Prices Sitting Above $6,000 An Ounce In Australia. Higher Prices Improve The Potential Economics Of Gold Projects And Can Increase Investor Interest In Juniors That Successfully Grow Their Resource Base. What Comes Next For Comet Vale? With Drilling Ongoing And Early Development Studies Underway, Attention Now Turns To How Large Comet Vale Could Ultimately Become. While Further Work Is Needed, The Latest Results Suggest The Project Has Moved Beyond Early Exploration And Into A New Phase Of Growth.

New Member Introduction – Happy To Join The Community

$100 Million Plan To Boost Copper Output In North Queensland Major Upgrade At Eloise Mine Aic Mines Is Investing Around $100 Million Into Expanding The Eloise Copper Mine, Located South-East Of Mount Isa In North Queensland. The Project Aims To Modernise The Older Underground Operation And Bring New Life To The Site. Jericho Deposit Set To Drive Growth A Key Part Of The Plan Is The Development Of The Nearby Jericho Deposit. Once Opened, Jericho Is Expected To Send About 600,000 Tonnes Of Ore Each Year Into Eloise’S Processing Plant. Bigger Plant, Bigger Production To Handle The Extra Ore, Aic Mines Is Expanding The Processing Plant To 1.1 Million Tonnes A Year. Together, The Eloise And Jericho Operations Could Produce Around 20,000 Tonnes Of Copper Annually, Creating A New Copper Hub In The Mount Isa Region. A Potential Boost For Queensland’S Copper Belt With Global Demand For Copper Growing, The Combined Project Could Become A Significant Contributor To The State’S Critical Minerals Industry. Whether This $100 Million Move Sparks Queensland’S Next Copper Boom Remains To Be Seen, But It Marks A Major Step For Aic Mines And The Region’S Mining Future.