

Quick fire – mining industry news briefs
Charters Towers gold producer Native Mineral Resources (ASX: NMR) has entered into a third convertible security funding agreement with Lind Global Fund III LP.
Under the agreement, Lind will invest $3.5 million in the company in exchange for a convertible security with a face value of $4.2 million.
The facility has a 24-month maturity date and includes a 120-day repayment holiday, providing NMR with immediate working capital flexibility.
“This facility provides NMR with immediate access to growth capital while preserving flexibility as the company advances its operational and strategic objectives,” NMR managing director Blake Cannavo said.
The company is producing gold from its Blackjack mine and processing complex at Charters Towers (pictured above), while also mining at the Podosky pit and preparing to mine at the Far Fanning site.
Related: NMR advances Far Fanning mining plans
TerraCom (ASX: TER) has fallen short of its expected 1.52Mt coal sales tally from the Blair Athol mine near Clermont for the 2025/26 financial year.
The company informed the market this week that it now expects the year’s coal sales to be more like 1.45 million tonnes after the deferral of the final coal shipment scheduled to load before June 30.
“A delay to a planned production blast over the weekend resulted in insufficient coal being available to complete loading before the end of the financial year,” the company reported.
“The coal for the deferred shipment has largely been mined and is held in inventory. The shipment is expected to load in early July 2026 and will be recognised in FY2027 sales.”


Alma Metals (ASX: ALM) has acquired a fully equipped 16-person modular exploration camp from South Australia for the Briggs copper project in Central Queensland.
Once fully commissioned, the company said the camp would more than double on-site personnel capacity, enabling the deployment of a second drill rig and supporting the company’s accelerated resource growth and pre-feasibility study program.
“Securing this infrastructure provides a step change in our ability to scale operations at Briggs,” Alma Metals managing director Frazer Tabeart said.
Camp commissioning is expected in August.
Related: Major drilling campaign to take Briggs to next level
CIMIC Group has acquired the remaining interest in Thiess Group for $1.18 billion, returning the global mining services business to full ownership.
This follows its sale into a joint venture in 2020.
“Thiess Group today is a global mining services leader, with operations across a broad range of commodities, services and jurisdictions. Full ownership by CIMIC supports our long-term strategy of growth, providing our clients with a strong balance sheet and global capability and our people with enhanced opportunities across a diverse portfolio of operations,” Thiess Group executive chair and chief executive officer Michael Wright said.
Related: Thiess snags $700m mining deal for Eva copper project













