Latest Australian Mining Sector News

Hillgrove Resources' Kanmantoo Copper Mine has reached its targeted 1.8 million tonnes per annum run rate, while the company advances the Emily Star Stage 2 project with a Final Investment Decision expected sooner than planned.

High-Tech Metals Ltd has wrapped up a 41-hole reverse circulation drilling program at its Mt Fisher gold project, with assays pending. Early sampling of a carbonaceous stockpile revealed gold grades up to 20.1 g/t, prompting further bulk sampling and metallurgical testwork to evaluate economic potential.

Golden Horse Minerals has hit its deepest gold mineralisation to date at Hopes Hill, with drilling revealing a thickening lode system over 378 metres downhole. Alongside strong near-surface intercepts, the company is advancing a major 2026 drilling campaign targeting a maiden resource estimate.

Yari Resources has outlined a bold strategy to expand its Rolleston South coal project into a district-scale powerhouse, aiming to build over 500 million tonnes of coal resources through acquisitions and joint ventures.

Javelin Minerals has locked in a $1.5 million strategic placement to mining executive David Geraghty at a 9.5% premium to its last share price, boosting exploration funding for key WA gold projects.

Austin Metals has kicked off a significant reverse circulation drilling campaign at its Austin Gold Project, aiming to test fresh BIF-hosted gold targets at Brunswick Hill and extensions at Mt Sandy in Western Australia.

True North Copper (ASX:TNC) has unveiled promising assay results from its 2026 reverse circulation drilling at the Great Australia Mine, highlighting new shallow copper-gold intersections that could expand its Cloncurry Copper Project resource base and enhance mine planning options.

Greatland Resources has locked in a $500 million debt facility with major banks, boosting liquidity to over $1.7 billion as it commits to developing its Havieron gold-copper project.

Antares Metals (ASX: AM5) reports exceptional surface gold grades up to 41.7 g/t at its Quinns project in WA, revealing three priority drill targets and fast-tracking maiden drilling plans.

SSH Group has finalised its acquisition of Elphinstone Mechanical Services, significantly boosting its industrial mining services and workforce capabilities across Western Australia and Queensland.

Gibb River Diamonds has released the results of its initial aircore drilling program at the Edjudina Gold Project, revealing gold mineralisation of lower than expected grades but confirming key target geology. Inclement weather cut the program short, prompting a follow-up Phase 2 drilling campaign.

Sheffield Resources has secured an additional US$10.15 million tranche on its senior loan facility for the Thunderbird Mineral Sands Mine, aimed at bolstering working capital. Ongoing negotiations to restructure debt add an element of financial uncertainty for the joint venture.