Geomechanics.io

  • Free Tools
Sign UpLog In

Geomechanics.io

Geomechanics, Simplified.

© 2025 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy
    Projects
    Contract Award

    Polymetals raises $34.4m for Endeavor: restart scope and plant works for mine engineers

    December 4, 2025|

    Reviewed by Tom Sullivan

    Polymetals raises $34.4m for Endeavor: restart scope and plant works for mine engineers

    First reported on Australian Mining

    30 Second Briefing

    Polymetals Resources has raised $34.4 million via a fully underwritten institutional placement and accelerated non-renounceable entitlement offer to fund restart works at the Endeavor silver–lead–zinc mine near Cobar, New South Wales. Proceeds will support dewatering, underground rehabilitation and refurbishment of the 1.2Mtpa processing plant, including recommissioning of crushing, grinding and flotation circuits. The funding move signals momentum towards bringing the long‑life underground operation back into production, with scope to leverage existing shafts, decline access and tailings storage infrastructure.

    Technical Brief

    • Similar brownfield mining restarts commonly face schedule risk around underground ground support condition and water inflows.

    Our Take

    In our database of 145 Mining stories, New South Wales base‑metal assets like the Endeavor silver‑lead‑zinc mine appear less frequently than Western Australian gold or iron ore projects, signalling that capital deployments here are still relatively selective and often tied to brownfield restarts or life‑extension plays.

    Silver‑lead‑zinc combinations such as Endeavor’s are prominent in 289 keyword‑matched pieces, and operators raising capital for these polymetallic systems are typically targeting flexibility to pivot between silver and zinc depending on price cycles, which can be useful for smoothing cash flow in volatile markets.

    Among the 327 tag‑matched ‘Projects’ and ‘Contract Award’ items, Australian underground base‑metal mines like Endeavor often use new funding rounds to bundle both restart works and key services contracts, which can give contractors stronger negotiating leverage on rates and risk allocation than on greenfield builds.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Northern Star gold hubs: deep extensions and design takeaways for mine planners
    Mining
    about 9 hours ago

    Northern Star gold hubs: deep extensions and design takeaways for mine planners

    Northern Star Resources reports strong exploration results across its Australian hubs, with deep extensions and high‑grade gold intercepts at operations including Kalgoorlie Consolidated Gold Mines in Western Australia. Drilling has identified mineralisation continuing at depth beneath existing workings, with multiple emerging zones that could support life‑of‑mine extensions and higher‑grade feed to existing mills. For mine planners and geotechs, the focus now shifts to underground access design, ground support in deeper stress regimes, and sequencing to integrate new stopes into current production.

    Regis WA exploration pipeline: mine life and design takeaways for planners
    Mining
    about 9 hours ago

    Regis WA exploration pipeline: mine life and design takeaways for planners

    Regis Resources is flagging a “significant pipeline” of near-mine and regional exploration targets across its Duketon and Tropicana gold operations in Western Australia, aiming to extend mine life and lift mill feed quality. The company is focusing on brownfields drilling around existing open pits and underground workings, plus greenfields prospects along under-tested shear zones within its Duketon belt and the Tropicana joint venture corridor. For geotechs and mine planners, the message is to expect ongoing resource definition drilling, updated pit shells and potential underground studies rather than major new project footprints.

    Harmony Eva copper project: Metso contract design implications for mine engineers
    Mining
    about 9 hours ago

    Harmony Eva copper project: Metso contract design implications for mine engineers

    Harmony Gold has advanced its Eva copper project in Queensland by awarding Metso a major equipment contract as the greenfield mine moves towards site construction. The deal covers key comminution and processing plant components, with Metso to supply crushing and grinding equipment sized for large-scale copper throughput at one of Australia’s biggest planned copper developments. The contract signals design lock-in for the process flowsheet and allows detailed engineering, foundation design and construction scheduling to proceed on a firmer basis.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.