Latest Australian Mining Sector News

Benz Mining Corp reports multiple new high-grade gold discoveries at Hurricane Camp within the Glenburgh Gold Project, confirming a significant new mineralised corridor and accelerating exploration efforts.

GR Engineering Services Limited has been awarded a $68 million EPC contract by Northparkes Mining Services, a subsidiary of Evolution Mining, to upgrade the Northparkes Coarse Particle Flotation Project in New South Wales, aiming to improve copper recovery and energy efficiency.

Reach Resources Limited (ASX: RR1) has announced a 30% increase in the Mineral Resource Estimate for its Blue Heaven deposit at the Murchison South Gold Project, now totaling 80,000 ounces of gold at an improved grade of 3.0 g/t Au. The near-surface resource supports potential open pit mining with high metallurgical recovery and favourable infrastructure access.

Corazon Mining has finished its initial diamond drilling campaign at the Two Pools gold project in Western Australia, surpassing planned drilling depth and confirming key geological structures. Assay results are expected soon, informing a follow-up drilling program.

Saturn Metals Limited has announced exceptional high-grade gold assay results from its Apollo Hill Gold Project in Western Australia, including a record 1m intercept grading 277g/t Au. These findings highlight significant untapped northern extensions beyond the existing 2.24Moz Mineral Resource and support ongoing exploration and resource growth.

Capricorn Metals delivered 30,358 ounces of gold in Q3 FY26 at the Karlawinda Gold Project, aligning with its mine plan and progressing the Karlawinda Expansion Project with peak construction activity.

Adavale Resources (ASX:ADD) has reported the identification of several high-quality near-mine gold targets at its London-Victoria Gold Mine within the Parkes Gold-Copper Project, NSW, supported by soil geochemistry and drone magnetics. The company plans to commence drilling shortly to test these targets, including a high-priority anomaly at Victoria South with peak soil gold values up to 600ppb Au.

KGL Resources has locked in a US$300 million streaming agreement with Wheaton Precious Metals, marking a pivotal step in funding the Jervois Copper Project in Australia's Northern Territory. This deal provides significant upfront capital without traditional debt constraints, positioning KGL for copper production growth.

Antipa Minerals has significantly expanded and upgraded its Minyari Project resource in Western Australia, now boasting 3.6 million ounces gold equivalent with a robust 85% Indicated classification at its core Minyari Dome deposits.

AIC Mines has launched an ambitious 2026 drilling campaign targeting 12 prospects near its Eloise copper mine, aiming to uncover transformational copper and gold deposits to boost production.

WIN Metals has significantly bolstered its Radio Gold Project by acquiring the fully permitted Princess Royal Gold Mine and securing an exclusive option for the Stumpy Doodle Gold Mine, both promising high-grade gold potential and streamlined development pathways.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.