Latest Australian Mining Sector News

Matsa Resources launches a major drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold, supported by a $17.5 million loan facility from major shareholder Deutsche Balaton.

New Age Exploration’s latest drill assays reveal a promising intrusion-related gold system at the Wagyu Gold Project, expanding the known mineralisation and validating its geological model.

Nagambie Resources has formally issued a Right of First Refusal notice to Southern Cross Gold, setting a March deadline that could determine the fate of its proposed joint venture with Alkane Resources.

Paterson Resources has reported encouraging initial assay results from its Grace Gold-Copper Project, revealing wide zones of shallow gold mineralisation. With Phase II drilling on the horizon, the company aims to upgrade its resource estimate and explore production pathways.

TG Metals has lodged a provisional patent application for a new technology that significantly improves lithium recovery and concentrate quality at its Burmeister deposit in Western Australia.

Kuniko Limited has identified a 4-kilometre gold-silver mineralised corridor at its Commonwealth Project in NSW, with multiple high-priority drill targets defined by advanced geophysical modelling. The company is poised to start its maiden diamond drilling program imminently.

North Stawell Minerals has extended gold mineralisation at its Darlington West target, confirming promising grades and validating its predictive modelling approach. The results open new avenues for exploration across its extensive tenement package.

Santana Minerals has secured a clear statutory timeline for the Bendigo-Ophir Gold Project fast-track approval, with a decision expected by late October 2026. The appointment of a seven-member Expert Panel marks a significant step in the project's regulatory journey.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

Kairos Minerals has confirmed a significant extension to its Mt York gold mineralisation, with new drilling results revealing strong near-surface and deeper gold zones over an additional 1.2km strike. An updated resource estimate is expected in the first half of 2026.

Hammer Metals has submitted a Mining Lease Application for its Orelia North gold deposit in Western Australia, aiming to accelerate development amid a buoyant gold price. Recent drilling results extend mineralisation, supporting resource growth ahead of a planned 2026 upgrade.

AngloGold Ashanti has begun exploration drilling on Matsa Resources’ Lake Carey tenement, signalling strong interest in the region and setting the stage for 2026 exploration activities.