Latest Australian Mining Sector News

Argent Minerals has kicked off its first-ever drilling campaign at the Trunkey Creek Gold Project in New South Wales, targeting a priority zone within a 4.7km gold-mineralised corridor beneath historic workings.

True North Copper is expanding its Mt Oxide copper district with the Aquila-Chidna discovery now stretching over 2.3km, while progressing a prefeasibility study at Cloncurry due late 2026.

NRW Holdings has secured a $960 million extension for its mining services contract at the Karara mine, prolonging its operational role until February 2032 with largely unchanged service scope.

GR Engineering Services has landed a $50 million EPC contract to convert the Cosmic Boy Concentrator into a standalone copper and gold processing facility, marking a strategic return to a site it originally built.

Barton Gold has reported significant high-grade gold mineralisation from its Phase 2 drilling at the Tunkillia Gold Project, potentially boosting resource grades and project economics ahead of a Pre-feasibility Study targeted for early 2027.

Alfabs Australia delivered an 11% revenue increase and improved free cash flow in FY26, progressing its debt restructuring and setting the stage for dividend reinstatement.

Cavalier Resources has chosen SSH Group as its preferred mining contractor for the initial oxide pit at the Crawford Gold Project, aiming to kickstart mining operations within the next year.

Australian Mines is poised to kick off a key drilling campaign at its Flemington Scandium Project, aiming to expand its already impressive resource and support plans to triple scandium production amid tightening supply.

Broken Hill Gold (ASX:BH6) has identified several promising gold-copper targets near its White Dam project in South Australia, setting the stage for a significant exploration push focused on deeper sulphide mineralisation following the Icebreaker discovery.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.

OceanaGold is set to acquire Ausgold and its Katanning Gold Project for A$776 million, adding a promising low-capital open-pit development in Western Australia with production expected in 2029.

Waratah Minerals has unveiled robust shallow high-grade gold results from its Spur Project in NSW, confirming a continuous 6km mineralised corridor and setting the stage for diamond drilling in late 2026.