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Production overview - 2025: silver 5.3 Moz, lead 34.28 kt, zinc 14.92 kt; 2024: silver 4.9 Moz, lead 31265 t, zinc 13513 t.

The mine has a full surface facility with a 1,000 tons of ore per day mill that produces silver-lead and zinc concentrates. These concentrates are shipped via truck to the Teck Cominco Metals Ltd. smelter in Trail, BC, Canada. The coarse mill tailing is mixed with cement and used as backfill.

The mine utilises the Underhand Closed Bench (UCB) mining method, which was pioneered at the site to increase safety and productivity. A key infrastructure project is the #4 Shaft, an internal shaft that reaches 9,600 feet below the surface to access high-grade ore in the Gold Hunter/Lucky Friday Expansion Area. In 2024, a new chiller was installed in the mine to allow for greater water reuse.

In 2024, exploration drilling is planned to the east of the 30 Vein in an area between the Gold Hunter and the historic Lucky Friday Mine. A surface cooling project was 79% complete at the end of 2025 and is expected to be completed by mid-2026.

Cardo Bore East is an active open-pit iron ore mine operated by Mineral Resources Limited, located in the West Pilbara region of Western Australia. It is a satellite deposit of the larger Onslow Iron Project, serving as a hub for mining activities alongside the Upper Cane deposit. Ore is transported via a dedicated intra-mine haul road to central crushing and processing facilities at the Ken's Bore mine.

Ore is transported to the Ken's Bore facility for crushing and processing, operated by CSI Mining Services. Processed ore is then blended to meet customer grade requirements and transported via a 150-kilometre private haul road to the Port of Ashburton for transhipment.

drill and blast, load and haul operations, fleet of 120 fully autonomous road trains (330 tonnes capacity each)

satellite deposit of the larger Onslow Iron Project; development completed in 2025

The FIFO camp accommodation can house up to 500 people. In 2024, a change in roster from two-weeks-on, two-weeks-off to two-weeks-on, one-week-off was implemented to reduce operational headcount.

Production overview - 2025: lithium 203000 t.

The site has a crushing plant that feeds a Dense Media Separation (DMS) circuit. The DMS plant has an annual production capacity of approximately 600,000 tonnes of spodumene concentrate and produces different grades, typically 5% and 3.5% Li2O. Construction on a flotation plant is underway to optimise product recovery and yields. Detailed design for the flotation plant was nearing finalisation in the third quarter of FY26. Spodumene concentrate is transported to the Port of Esperance for export.

conventional drill, blast, load and haul mining cycle; crushing plant; Dense Media Separation (DMS) circuit; flotation plant

MinRes is developing an underground mining operation at Mt Marion to supplement the open pit operations. The underground Mineral Resource increased by 111% to 19.3Mt at 1.22% Li2O as of 31 January 2024. A development contract was awarded to Develop Global for the establishment of an exploration decline. The first blast for the decline box-cut occurred in early 2024. An underground mining study was expected to be completed in the fourth quarter of FY26. Tendering for an underground mining contractor has commenced. The company is targeting first development ore from the underground section in mid-2025 and first production ore by the end of 2025. In June 2025, it was announced that Mineral Resources and Ganfeng Lithium would each invest $150 million into the project. The funds are for capital expenditure, including mine development and processing plant upgrades, and to support daily operations. The underground development was placed into care and maintenance in December 2024 in response to market conditions. However, reports from early 2026 indicate that the underground project is proceeding.

The total workforce for Mineral Resources' Pilbara Hub, which includes Lamb Creek, Iron Valley, and formerly Wonmunna, is over 560 people. Staff from the Wonmunna operation were expected to transition to Lamb Creek.

The Lamb Creek iron ore project, owned and operated by Mineral Resources Limited, is an open pit mine located in the East Pilbara region of Western Australia, approximately 130 kilometres northwest of Newman. Development commenced in December 2025, with the first ore shipment in March 2026. The mine is currently operating and was developed to replace the nearby Wonmunna mine.

The mine has a planned production capacity of 7.5 million tonnes per annum. For the 2026 financial year, the production guidance for the Pilbara Hub, which includes Lamb Creek, is between 9 and 10 million tonnes. The development of Lamb Creek is intended to extend the production profile of the Pilbara Hub by more than five years.

Ore from Lamb Creek is processed through a multi-stage crushing and screening plant. The processed ore is then blended with material from Mineral Resources' Iron Valley mine, located 50 kilometres away. The blended product is transported via a 16 to 17-kilometre private haul road to the Great Northern Highway, and then a further 320 kilometres by road trains to the Utah Point berth at Port Hedland for export.

The mining fleet includes Hitachi EX3600 and Hitachi EX2600 excavators and 180-tonne Hitachi EH3500 (or equivalent) dump trucks. The site infrastructure includes a 16-kilometre haul road connecting to the existing Iron Valley infrastructure.

The development of Lamb Creek is intended to extend the production profile of Mineral Resources' Pilbara Hub. The project includes a 16 km haul road and a new crushing plant. The development coincides with the winding down of the Wonmunna iron ore operation.

approximately 512 people

Production overview - 2025: silver 8.7 Moz, gold 59349 oz, lead 18.2 kt, zinc 51.3 kt; 2024: silver 8.5 Moz, gold 55275 oz.

The processing plant is a conventional flotation concentrator that produces a gravity gold concentrate, a silver concentrate, a zinc concentrate, and a precious metals concentrate. The mine uses flotation and gravity processes to recover the metals. In 2024, 46% of tailings were reused as backfill.

The primary mining methods are cut and fill and longhole stoping.

Hecla is evaluating the feasibility of a pyrite concentrate circuit at the Greens Creek mill to generate an additional marketable concentrate, which would boost silver and gold recoveries. The company is also advancing the Greens Creek tailings reprocessing project. In January 2025, the U.S. Forest Service approved a five-year plan of operations for the Greens Creek Surface Exploration Project to test existing mineralised targets and identify new ones not accessible from underground.

FIFO camp accommodation that can house up to 500 people

The Mt Marion mine, located in the Goldfields region of Western Australia, is primarily an open-pit lithium operation that began mining in 2016. Significant underground ore reserves are planned for extraction, with an exploration decline started in 2024, though it was placed into care and maintenance due to market conditions. Tendering for an underground mining contractor has commenced.

Production overview - 2023: lithium 35.7 Mt; 2020: lithium 11100 t.

crushing and processing plant via a Dense Media Separation (DMS) concentrator, flotation plant

conventional drill, blast, load, and haul cycle, crushing and processing plant, workshops, offices

In June 2023, Mineral Resources announced promising results from a major exploration program, confirming significant potential at depth and along strike, including the possibility of underground mining. The exploration found lithium-bearing pegmatite formations approximately 1km below the surface. An upgrade and expansion of the operation, costing $120 million, has doubled the capacity to up to 900,000 tonnes per year. As of February 2024, the underground Mineral Resource at Mt Marion had increased to 19.3Mt.

The Yilgarn Hub, previously operated by Mineral Resources (MinRes), comprises several iron ore mines including Koolyanobbing, Parker Range, and Carina. In June 2024, MinRes announced it would cease shipments by the end of the calendar year as the operations were no longer financially viable. The hub was subsequently ramped down and placed into care and maintenance in early 2025. Approximately 1,000 employees were impacted by the closure, with around 800 redeployed to other MinRes projects. On 30 June 2025, Mineral Resources completed the sale of the Yilgarn Hub to a new owner, Yilgarn Iron Investments Pty Ltd (YII). Mineral Resources retained the rights for gold and lithium on the tenements.

Production overview - 2024: iron ore 7.6 Mt.

average of 500 jobs monthly

The Manh Choh project is a conventional truck and shovel open-pit gold mine located on land owned by the Native Village of Tetlin, approximately 10 miles southeast of Tok, Alaska. It is a joint venture between Kinross Gold Corporation (70% owner and operator) and Contango ORE, Inc. (30%), named Peak Gold, LLC. Mining operations began in late 2023, with first gold poured on July 8, 2024.

Expected to produce a total of approximately 640,000 attributable gold equivalent ounces over its life of mine.

Ore from Manh Choh is transported approximately 400 kilometres (250 miles) via the Alaska, Richardson, and Steese highways to Kinross's Fort Knox mine for processing, utilizing existing mill and infrastructure at Fort Knox.

fleet of purpose-built, 95-foot-long trucks operated by the contractor Black Gold Transport

710 (as of 2023)

Production overview - 2024: gold 181047 oz; 2021: gold 204890 oz.

The mine is a run-of-mine, heap leach operation that uses conventional heap leaching technology and carbon absorption for ore treatment. Ore is processed at multiple heap leach facilities.

Mining is conducted using truck-and-shovel methods, with equipment including P&H and Hitachi excavators and Komatsu and Caterpillar haul trucks.

Kinross Gold acquired the Bald Mountain mine from Barrick Gold in January 2016 and consolidated 100 per cent ownership in October 2018. In 2024, the Juniper Project was approved, which includes the expansion or modification of seven pits and the development of two new pits. In December 2024, Kinross approved the mining of Phase 1 at the Redbird pit. In January 2026, the company announced it was proceeding with the development of Redbird 2, which includes Phase 2 of the Redbird pit and five additional satellite pits. First production from Redbird 2 is expected in 2028 and is anticipated to extend the mine life until early 2032. The Redbird 2 project is expected to add approximately 640,000 ounces of gold production.

fly-in fly-out camp accommodation can house up to 500 people, 190 positions removed in late 2024, roster changed to two-weeks-on, one-week-off schedule

Production overview - 2018: lithium 418711 t.

crushing and processing plant that uses a Dense Media Separation (DMS) concentrator, DMS plant with annual production capacity of approximately 600,000 tonnes of spodumene concentrate, produces two grades (typically 5% and 3.5% Li2O), flotation plant under construction

crushing and processing plant, Dense Media Separation (DMS) concentrator, flotation plant

expansion of the processing plant completed during fiscal year 2023, major exploration program in fiscal year 2023 indicated strong potential for underground resources, diamond drilling program in the December 2023 quarter confirmed the North Pit underground ore body, preliminary development works for a future underground mine began in early 2024, contract awarded to Develop Global for an exploration decline, development of underground resources deferred in December 2024, underground mining study expected to be completed in the fourth quarter of fiscal year 2026, MinRes and Ganfeng to invest a further $150 million each into the project in June 2025

During the peak construction phase, the project is expected to employ over 7,500 people. Once operational, it will create around 4,000 long-term jobs.

The Reko Diq Project is a joint venture with Barrick Gold Corporation holding 50% ownership. It is an open-pit copper-gold mine under development in Balochistan, Pakistan, with an estimated mine life of 37 years. Development is planned in two phases with a total capital investment of $8.83 billion, targeting first production by the end of 2028.

Phase 1 processing plant with a capacity of 45 million tonnes per annum (Mtpa). This phase is expected to produce approximately 240,000 tonnes of copper and 297,000 ounces of gold annually. The peak mining rate is anticipated to reach 250 Mtpa by 2044.

Processing facilities to produce a copper-gold concentrate. The infrastructure will include two open pits, a processing plant, low-grade ore stockpiles, waste rock dumps, and a tailings storage facility.

Key suppliers for processing and mining equipment include Metso, Weir, and Komatsu.

The project's development is planned in two phases, with a total capital investment of $8.83 billion. Phase 1 is projected to have a capital cost between $5.6 billion and $6.0 billion. Early construction activities for Phase 1 commenced in the first quarter of 2025, with the first production targeted for the end of 2028.

Additional employees were being recruited in 2022 due to the commencement of capital development for Lode 1 and the construction of a second paste line.

The Jabal Sayid mine is the largest underground mine in Saudi Arabia, extracting approximately 3 million tonnes of ore per year. Exploration is ongoing around Jabal Sayid and Umm Ad Damar, focusing on untested potential at depth.

Production overview - 2025: copper 48000 t; 2024: copper 65000 t.

The mine uses large-scale longhole open stoping methods with a combination of cemented rock fill and paste fill. The processing plant includes a flotation circuit to produce a copper-gold concentrate. The plant has undergone expansion to increase production from 1.8 Mtpa to 3.0 Mtpa by the end of 2023, which included adding concentrate and tailings filters. A paste backfill system was commissioned in October 2017.

The mining contractor, Byrnecut, utilises a fleet of Sandvik machines, including nine TH663i and three TH663 trucks, seven LH621i and one LH621 LHDs, four Sandvik DL421 production drills, and three Sandvik DD421 development rigs, along with a Rhino 100HM boxhole borer.

An expansion project for the Lode 1 orebody, located less than one kilometre from the existing lode, was completed in 2024. This included extensive underground capital development, upgrades to ventilation and paste plant facilities, and supporting infrastructure. Stoping at Lode 1 began in the third quarter of 2023. The expansion added an additional 2,900 metres of capital development in 2022 and was expected to add 100,000 tonnes per annum to production.

As of early 2024, over 2,000 people were employed. New Porgera Limited expects to employ approximately 3,200 people by the end of 2024.

Production overview - 2024: gold 5.85 t; 2019: gold 17 t.

Ore processing involves gravity concentration, flotation, pressure oxidation, and cyanide leaching.

A new Special Mining Lease (SML 13) was granted to New Porgera Limited in October 2023. The new agreement for the project is for a 20-year mine life.

In 2023, nearly 1,000 NANA shareholders or their family members worked at the Red Dog Mine. In 2022, the mine directly employed approximately 600 full-time workers, many of whom are NANA Shareholders.

The Red Dog mine is operated by Teck Alaska Incorporated, a wholly-owned subsidiary of Teck Resources Limited, on lands owned by and leased from NANA Regional Corporation (NANA). Teck has a 100% interest in the mine, subject to a royalty agreement with NANA.

Production overview - 2023: zinc 539800 t, lead 93400 t; 2022: zinc 553100 t, lead 79500 t.

The mineral processing facilities use conventional grinding and sulphide flotation methods to produce zinc and lead concentrates. The process includes a primary gyratory crusher and a backup jaw crusher, followed by a grinding sequence with SAG and ball mills. The flotation process separates lead and then zinc.

Teck is evaluating two deposits, Aktigiruq and Anarraaq, to potentially extend the mine life beyond 2031. The primary objective is to confirm the economic viability of developing the Aktigiruq deposit as an underground source of ore.

The construction of the Quebrada Blanca Phase 2 (QB2) project generated over 30,000 jobs. The operational phase is expected to employ over 3,000 local workers. The Integrated Operations Centre in Santiago has over 200 people working in shifts.

Production overview - 2024: copper 207800 t; 2023: copper 7200 t.

The original operation used leaching and solvent extraction/electro-winning (SX/EW) to produce copper cathodes. The expanded operation, known as Quebrada Blanca Phase 2 (QB2), involves a new concentrator with a capacity of 140,000 tonnes per day for processing sulphide ore through crushing, milling, and bulk flotation. The operation is the first in the Tarapacá Region to use 100% desalinated seawater for all its production processes, transported via a 165-kilometre pipeline. Copper concentrate is also transported to the port facility through a pipeline.

The mining fleet includes Komatsu 730E and 830E haul trucks from the initial phase. For the QB2 expansion, the fleet is transitioning to autonomous trucks, including 28 Caterpillar 794 AC electric drive trucks.

The Quebrada Blanca Phase 2 (QB2) project is a major expansion to exploit the deeper sulphide resource. This expansion includes a new concentrator, a desalination plant, and port facilities, and is expected to double Teck's consolidated copper production. First copper from QB2 was achieved in the first half of 2023, and the project was officially inaugurated in October 2023. The expanded operation has an initial mine life of 27 years, using only about 18% of the 2022 reserves and resources, indicating significant potential for future expansions. A further expansion, the Quebrada Blanca Mill Expansion (QBME), is being advanced and is expected to begin production in 2026. The operation is supported by a remote Integrated Operations Centre (IOC) in Santiago.

The San Juan Silver project is a high-impact exploration and pre-development asset for Hecla Mining Company, located in the historically prolific Creede Mining District of Colorado. Hecla has consolidated the entire 21-square-mile district under single ownership for the first time. The project's focus is on the historic Bulldog Mine, which produced 25 million ounces of silver between 1969 and 1985 before closing due to low metal prices. Hecla's work is focused on de-risking and expanding the known mineralisation through exploration and evaluation, with strategic advancement toward accessing underground infrastructure to confirm and expand the resource. The San Juan Silver project was allocated 1% of Hecla's exploration budget.

Production overview - 2025: silver 38 Moz, lead 49400 t, zinc 39850 t.

The Monte Cristo project is an exploration-stage asset located in Esmeralda County, Nevada, USA, and is part of Hecla Mining Company's Nevada portfolio. The project is situated on the Walker Lane Trend and is described as a six-mile mineralised trend with multiple targets. Hecla is advancing its Nevada exploration projects through systematic detailed mapping, geochemistry, and cross-section generation to bring targets to a drill-ready status. The Nevada portfolio is considered a high-impact development project and is a significant focus of the company's exploration budget, accounting for 22% of it. For 2026, Hecla has allocated $16 million for its Nevada project portfolio, more than three times the investment made in 2025. As of year-end 2025, the inferred resource for Monte Cristo was reported with a gold cut-off grade of 0.094 oz/ton, based on a minimum mining width of 5.0 feet. Associated metallurgical recovery is estimated at 85% for gold and 85% for silver. For year-end 2024, the inferred resource was noted with a gold cut-off grade of 0.10 oz/ton, with an estimated metallurgical recovery of 90% for both gold and silver. Drilling has shown intercepts greater than 0.1 oz/ton gold and greater than 5 oz/ton silver, while rock chip sampling has returned up to 0.46 oz/ton gold and 2.5 oz/ton silver in untested areas. In 2025, the US government granted FAST-41 status to Hecla's exploration sites in Nevada, which is expected to expedite federal reviews for significant infrastructure projects.

The Libby Exploration Project, formerly known as the Montanore project, is a silver and copper exploration project in Lincoln County, Montana. It is operated by Hecla Mining Company, which acquired the project in September 2016. The deposit is categorised as a stratabound sediment-hosted silver-copper deposit. As of October 2025, a new Plan of Operations for underground exploration and evaluation activities has been authorised by the U.S. Forest Service, allowing exploration and data collection to proceed. These activities include dewatering and rehabilitating an existing adit to collect data that will inform the project's engineering and environmental requirements and overall feasibility. If the evaluation supports a feasible mine plan, a new Plan of Operations for construction and development would be submitted. The current exploration and evaluation project is expected to be conducted over approximately 16 years, a period that includes post-reclamation monitoring.

Production overview - 2024: silver 183000000 oz, copper 1500000000 lbs.

Hecla is the second-largest private employer in Shoshone County, Idaho. In 2024, 90% of new hires at Lucky Friday were from local communities.

Production overview - 2026: silver 1.2 Moz; 2025: silver 5.3 Moz.

The mine has a surface facility with a mill that can process 1,000 tons of ore per day. It produces silver-lead and zinc concentrates, which are shipped by truck to the Teck Cominco Metals Ltd. smelter in Trail, BC, Canada.

Access to all underground workings is via the 6,205 ft deep Silver Shaft. An internal hoisting shaft, the No. 4 Shaft, was completed in 2017 to extend access to the Gold Hunter area, reaching a depth of 8,620 feet. Trackless drifts and ramps are used to reach mining areas.

The Underhand Closed Bench (UCB) mining method, developed and patented by Hecla, is utilised at the mine to control fault-slip seismicity, which has improved both safety and productivity. In 2024, the mine achieved record-breaking processed ore tons. A surface cooling project is underway to deliver chilled air underground, enabling operations to advance deeper into high-grade zones. As of the end of 2025, the project was 79% complete and was tracking for completion by mid-2026. By the end of Q1 2026, the project was 81% complete. Hecla plans to invest up to $73 million in the operation in the coming years due to its strong performance. In 2024, exploration drilling is planned to the east of the 30 Vein in an area between the Gold Hunter and the historic Lucky Friday Mine.