W Wotso Property

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.

$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.

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?

$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.

Vault Minerals Approves $80m Expansion At King Of The Hills Vault Minerals (Asx: Vau) Has Signed Off On An $80 Million Expansion Of Its King Of The Hills (Koth) Gold Operation Near Leonora, Aiming To Lift Processing Capacity And Unlock More Of The District’S Long-Life Potential. New Crusher And Mill Upgrades: The Project Centres On A New Primary Crusher, New Tanks In The Cip Circuit, And Upgrades Across The Wet Plant. A Fresh Crushing Circuit Will Be Built 110 Metres West Of The Existing One To Avoid Interrupting Current Production. These Changes Are Designed To Reduce Bottlenecks And Support A Lift To 6 Million Tonnes Per Annum. Tapping A Massive Stockpile: Vault Is Currently Mill-Constrained, With A 7.3-Million-Tonne Stockpile Beside The Plant Holding More Than 108,000 Ounces Of Gold. The Expansion Allows Faster Processing Of This Ore And Better Use Of The Company’S Multiple Feed Sources. Strong Reserve Base: King Of The Hills And Nearby Operations Host: 2.24moz Ore Reserves 6.02moz Mineral Resources This Underpins A Base Case 10-Year Mine Life And Supports Future Growth Across The Leonora Region. Construction Timeline: Work Is Expected To Begin In April 2025, With Commissioning Targeted For Q4 Fy26. Gr Engineering Services Completed The Design And Cost Study For The Expansion. Positioning For Leonora’S Next Gold Wave: With Higher Capacity, Major Infrastructure Already In Place, And Renewed Underground Exploration, Vault Minerals Sees Koth As A Key Driver For The Next Phase Of Growth In The Leonora Gold District. Cover Image: Data Sio, Noaa, U.S. Navy, Nga, Gebco. Image Landsat / Copernicus. Processing Plant Image: © Vault Minerals.

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.