Mining Stock Daily Morning briefing: Gold Jumps, Copper Dips as K92 and Endeavour Hit Major Milestones
Oct 16, 2025
K92 Mining celebrates a major milestone, launching its Stage 3 Expansion at the Kainantu Gold Mine, effectively doubling capacity. Endeavour Silver transitions to commercial production at its flagship Terronera Mine, promising increased output. Exploration highlights include Li-FT Power confirming a significant lithium trend, while Tudor Gold and Legacy Gold report promising drill results. Prismo Metals reveals high-grade polymetallic finds, and major financing deals, including NexGen's impressive $675 million offering, make waves in the market.
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Major Production And Lithium Trend Updates
- K92 Mining doubled Kainantu's throughput from 500,000 to 1 million tonnes per year with its Stage 3 expansion.
- Li-FT Power confirmed a 1.5 km spodumene-bearing lithium trend at the Cali Project guiding future drill targets.
Endeavour Reaches Commercial Production
- Endeavour Silver reached commercial production at the Terronera mine and is ramping to nameplate capacity.
- The company expects Terronera to be its flagship asset and boost silver and gold output in 2025.
Strong Drill Results Support Resource Growth
- Tudor Gold reported 1.7 g/t Au over 46 m at Treaty Creek supporting depth and strike expansion potential.
- Legacy Gold intersected 0.86 g/t Au over 115 m at Banner, validating continued drilling across the property.