W Whitehaven Coal Limited

Whitehaven Achieves Record Average Coal Price Of A$445/T In Fy23

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.

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.

Cloncurry’S Historic Copper Mine Fires Back Up Cloncurry, One Of Australia’S Oldest Copper Towns, Is Seeing Renewed Activity As True North Copper Restarts Operations At The Historic Great Australia Mine. The Site, Which Has Been Idle For Several Years, Is Once Again Becoming A Key Focus For Regional Development. Fresh Drilling Confirms New Mineralisation Recent Drilling Programs Have Confirmed Copper, Gold And Cobalt Still Sitting Beneath The Old Workings. These Results Underpin The Company’S Confidence In Restarting Production And Extending The Life Of The Operation. A Major Recapitalisation Brings The Mine Back Online True North Copper Completed A Significant Recapitalisation To Stabilise The Business And Rebuild Operations. This Financial Restructuring Allowed The Company To Revive The Project And Invest In The Early Stages Of Production. Copper Prices Add Strength To The Restart The Restart Comes During A Period Of Strong Copper Markets, With Rising Demand From Renewable Energy, Electrification And Global Infrastructure Spending. Higher Prices Have Helped Improve The Outlook For New And Returning Producers. Outback Revival On The Horizon? With Fresh Drilling Success, New Investment And A Strengthened Market, Cloncurry’S Copper Industry May Be Entering A New Phase. For A Town Built On More Than A Century Of Mining, The Great Australia Mine’S Return Could Signal The Start Of A Broader Outback Revival.

$179m Desert Gold Mine Rebuild At Norseman Pantoro Is Pushing Ahead With One Of Western Australia’S Biggest Gold Revivals, Investing $179 Million To Restart The Historic Norseman Gold Project In The State’S Remote Desert. A Major Rebuild In The Wa Outback The Company Has Overhauled The Entire Operation, Installing A New 1.2-Million-Tonne-Per-Year Processing Plant, Reopening Underground Mines And Bringing Open Pits Back Into Production. These Upgrades Mark The Most Significant Work At Norseman Since The Operation Was Placed On Care And Maintenance Nearly A Decade Ago. Nearly One Million Ounces In Reserve Pantoro Says The Project Now Holds Around 949,000 Ounces In Ore Reserves, With Strong Growth Potential. Less Than One-Third Of The Known Mineralised Areas Have Been Drilled For Conversion So Far, Leaving A Large Portion Of The Field Still Untapped. A Historic Goldfield Set For A Comeback Norseman Has Produced More Than Six Million Ounces Since The 1930s, Making It One Of Australia’S Most Storied Gold Camps. With New Infrastructure, Modern Equipment And Ongoing Drilling, Pantoro Is Aiming To Return The Site To Significant, Long-Term Production. Could This Be Norseman’S Next Big Chapter? With The Rebuild Now Largely Complete And New Ore Sources Coming Online, Pantoro Is Positioning Norseman For A Major Comeback In Western Australia’S Goldfields. The Next Phase Of Exploration And Development Will Determine Just How Big The Revival Could Become.

Why Bet $80 Million On This Gold Mine? Genesis Minerals Is Accelerating Work At Tower Hill — A Major Gold Deposit Just Outside Leonora In Western Australia — As The Company Moves Closer To Full-Scale Development. With Gold Prices Trading Near Record Highs, The Project Has Quickly Become One Of Wa’S Most-Watched Growth Stories. Shifting The Rail To Unlock The Pit One Of The Most Significant Steps Is The Plan To Relocate The Nearby Rail Line. This Allows Genesis To Expand The Mill And Open Up The Full Extent Of The Tower Hill Pit — Something Previous Owners Couldn’T Realistically Do. The Move Clears The Way For A Larger, More Efficient Operation Tied Directly Into Genesis’ Leonora Production Hub. High-Grade Hits Continue Recent Drilling Around Tower Hill Has Returned Consistent High-Grade Intercepts, Strengthening Confidence In The Resource And Supporting Plans For A Much Larger Mine Footprint. These Results Also Feed Into An Expanded Underground Study Now Underway. A New Gold Hub In The Making? With Planned Capital Spending Around The $80 Million Mark, A Strong Gold Market, And A District-Scale Strategy Connecting Multiple Deposits, Investors Are Watching Closely. If The Development Plan Lands As Expected, Tower Hill Could Become Wa’S Next Major Gold Success Story — And A Key Pillar In Genesis Minerals’ Leonora Growth Plans.