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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.

Bhp’S $1.4 Billion Push To Lift Port Hedland Capacity Bhp Is Investing $1.4 Billion To Upgrade Infrastructure At Port Hedland, The World’S Largest Bulk Export Port And The Backbone Of Australia’S Iron-Ore Industry. This Port Handles The Ore That Arrives From Bhp’S Giant Pilbara Mines — Brought In By Some Of The Longest Freight Trains On Earth. With Global Demand Rising And Competition Heating Up, Bhp Is Preparing The Port For Its Next Phase Of Growth. New Rail-Car Dumper And 5km Conveyors The Major Upgrade Includes: A New Sixth Rail-Car Dumper Around Five Kilometres Of New Conveyors Upgrades To Screening And Transfer Infrastructure These Additions Are Designed To Move Ore From Train To Ship Faster, Safer And With Fewer Bottlenecks, Supporting Bhp’S Long-Term Target Of 305 Million Tonnes Per Year. A Strategic Response To Rising Competition Bhp’S Investment Comes As Rio Tinto And Chinese-Backed Groups Expand Operations In Africa, Including Major New Iron-Ore Developments In Guinea. Those Projects Could Shift Global Supply Balances Over The Next Decade. Increasing Throughput At Port Hedland Is Part Of Bhp’S Effort To Maintain Its Position As A Leading Low-Cost Iron-Ore Producer. Is It Enough To Stay Ahead? The Expansion Will Boost Efficiency And Help Stabilise Output Across Bhp’S Pilbara Network. But With New African Mines Edging Closer And Long-Term Demand Uncertain, The Question Remains: Will This $1.4 Billion Upgrade Secure Bhp’S Lead — Or Will More Investment Be Needed To Stay In Front?

Reedy Gold Mine Set For New Chapter The Old Reedy Gold Mine In Western Australia Is Set To Get A Second Chance, Following A Major Corporate Restructure By Westgold Resources. Westgold Has Announced Plans To Spin Out The Reedy Project, Along With The Nearby Comet Project, Into A New Asx-Listed Company Called Valiant Gold. Fast Track To Processing Under The Proposed Structure, Ore From Reedy And Comet Will Be Processed At Westgold’S Existing Plants. This Removes The Need For Valiant To Build Its Own Processing Facilities, Providing A Lower-Capital And Faster Pathway Back To Gold Production. The Reedy And Comet Assets Include Historic Underground Mines With Recent Production History And Established Infrastructure. Westgold Retains Exposure Following The Spin-Off And Ipo, Westgold Will Retain Up To 48 Per Cent Of The New Company. This Allows Westgold To Stay Exposed To Any Upside From Future Production Or Exploration Success, While Focusing Its Capital On Larger, Core Operations. Unlocking Smaller Gold Assets The Spin-Out Structure Is Designed To Unlock Value From Smaller Gold Assets That May Struggle To Compete For Capital Within A Larger Producer. With A Dedicated Management Team And Access To Processing Infrastructure, Valiant Gold Is Positioned To Advance Reedy And Comet Independently — Raising The Question Of Whether This Model Could Become A Blueprint For Reviving Other Historic Gold Mines Across Western Australia.

$Boe $100 Million Uranium Restart Near Broken Hill Boss Energy Has Restarted The Honeymoon Uranium Mine In South Australia, More Than A Decade After The Project Was Placed On Care And Maintenance. The Site Sits Around 80 Kilometres North Of Broken Hill And Was Previously Shut Down In 2013 When Uranium Prices Were Too Low To Support Operations. New Technology Behind The Revival As Part Of The Restart, Boss Energy Replaced The Old Solvent-Extraction Processing Circuit With A Modern Ion-Exchange Plant Designed To Improve Efficiency And Lower Operating Costs. The Company Also Developed New In-Situ Recovery Wellfields To Support Long-Term Production. A Rebuild Costing Well Over $100 Million The Restart And Expansion Program Has Required An Investment Exceeding $100 Million, Covering Plant Upgrades, New Drilling, And Expansion Infrastructure. The Company’S Ramp-Up Has Progressed Quickly, With Honeymoon Now Producing Uranium At Its Highest Rates Since Reopening. Favourable Market Conditions The Revival Comes As Global Uranium Demand Strengthens And Prices Rise Toward Decade Highs, Driven By Renewed Interest In Nuclear Energy And Concerns Over Fuel Supply Security. Higher Prices Have Improved Project Economics, Raising The Question Of Whether Boss Energy Has Timed The Restart Perfectly. A Strategic Play For Australia’S Energy Future If Production Continues To Scale As Expected, Honeymoon Could Become A Key Australian Supplier Of Uranium, Contributing To Both Export Markets And The Global Shift Toward Low-Emissions Energy Sources.

Davyhurst Gold Mine Ramps Up After Turnaround The Davyhurst Gold Mine In Western Australia Was Once Seen As A Challenged Operation. After A Period Of Underperformance, The Mine Has Now Returned To Growth Following A Major Operational Reset. Operations Back On Track Ora Banda Mining Cleaned Up Its Mining And Processing Operations, Improving Reliability And Lifting Gold Output. These Changes Helped Stabilise Production And Improve Overall Performance At The Site. Strong Financial Results In 2025, The Company Sold More Than $400 Million Worth Of Gold, Delivering $186 Million In Profit. The Result Reflects Higher Production Levels And Improved Operating Efficiency. Growth Ahead With Production Expected To More Than Double By Next Year, Davyhurst Is Entering A New Phase. The Focus Has Shifted From Fixing Problems To Scaling Production, Raising Questions About How Large The Operation Could Become.