O Ora Banda Mining Ltd

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.

Capricorn Expands In Mount Gibson Gold District Capricorn Metals Has Made A Low-Key Christmas Acquisition In Western Australia’S Mount Gibson Gold District, Strengthening Its Regional Footprint. The Company Has Agreed To Buy The Nearby Yalgoo Project For $4.5 Million, Adding Around 1,000 Square Kilometres Of Prospective Ground To Its Existing Exploration Holdings. Strengthening The Mount Gibson Footprint The Yalgoo Project Sits Close To Capricorn’S Recently Acquired Golden Range And Fields Find Projects, Both Located Near The Mount Gibson Area. The Land Package Is Considered Prospective For Gold And Copper, With Scope For Future Discoveries. Rather Than A Short-Term Production Move, The Acquisition Is Aimed At Long-Term Consolidation Across The District. Focus On Future Ore Supply Capricorn Has Positioned The Deal As A Strategic Step To Secure Potential Future Ore Sources, Supporting The Long-Term Outlook For Mining Operations In The Mount Gibson Region. The Acquisition Reflects An End-Of-Year Strategy Focused On Locking Up Ground Early, While Exploration Activity Is Expected To Ramp Up In Future Years.

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.

Rio Tinto Launches $15 Billion Asset Sell-Off Rio Tinto Has Announced Plans To Sell Up To $15 Billion Worth Of Assets As Part Of A Strategy To Streamline The Company And Refocus On Its Core Operations. The Move Marks One Of The Largest Portfolio Resets In The Miner’S History. Iron Ore Still The Backbone At Tom Price In Western Australia’S Pilbara Region, Iron Ore Is Moved By Rail Almost 400 Kilometres To Cape Lambert, Where It Is Loaded Onto Ships Bound For Asia. These Pilbara Mines Remain Rio’S Strongest Earnings Driver And Will Not Be Part Of The Sell-Off. What Will Be Sold? Rio Plans To Offload Non-Core Mines, Land Parcels, And Parts Of Its Processing And Infrastructure Portfolio. The Company Is Also Reducing Spending On Decarbonisation Projects, Shifting Towards Third-Party Partnerships Instead Of Funding Major Energy Investments Itself. Simandou Adds Global Pressure The Timing Of The Reset Coincides With The Long-Awaited Ramp-Up Of The Simandou Iron Ore Project In Guinea, Which Will Introduce New Global Supply. The Added Competition Has Intensified Rio’S Push To Sharpen Its Business And Strengthen Financial Performance. A High-Stakes Strategy Rio Says The Changes Will Make The Company “Stronger, Sharper And Simpler.” But With Iron Ore Markets Shifting And New Supply Emerging, The Key Question Remains: Will Selling Too Much Reduce Rio’S Long-Term Advantage?

$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.

Pilbara Minerals’ $400m Lithium Expansion: One Year On Pilbara Minerals Has Now Passed The One-Year Mark Since Completing Its $404 Million P680 Expansion At The Pilgangoora Lithium Mine In Western Australia. The Project Delivered A Huge Boost To Site Capacity, Including The Installation Of The World’S Largest Lithium Ore Sorter And A Brand-New Crushing Facility. What The Upgrade Was Designed To Do The P680 Expansion Was Built To Lift Production By Around 30%, Improve Ore Recovery, And Reduce Waste. It Also Forms A Key Step In Pilbara Minerals’ Longer-Term Plan To Grow Pilgangoora Toward A 1 Million Tonne Per Annum Operation Through Future Expansions. Government Support And Jobs The Project Was Backed By $250 Million In Government Loans Through Export Finance Australia And The Northern Australia Infrastructure Facility. Construction Created More Than 350 Jobs, With Ongoing Roles Added As The Mine’S Capacity Increased. A Year Later — Is It Paying Off? With Lithium Markets Shifting Rapidly Over The Past 12 Months, Many Investors Are Asking Whether This Major Upgrade Is Delivering The Results Pilbara Minerals Expected. Early Signs Suggest Improved Throughput, Stronger Operational Efficiency, And A Foundation For Future Growth — But The Company’S Long-Term Performance Will Depend On Market Conditions And The Planned Transition Toward The Larger P1000 Expansion. A Critical Asset For Wa’S Lithium Future What’S Clear Is That Pilgangoora Remains One Of The World’S Most Significant Hard-Rock Lithium Operations. The P680 Upgrade Has Strengthened Its Position And Given Pilbara Minerals More Flexibility As Global Demand For Battery Minerals Evolves.