Latest Drilling And Production News

Bellevue Gold will spend A$25-30 million on FY27 exploration after its Mineral Resource and Ore Reserve declined year on year, while a slower Barminco ramp-up is expected to cut September-quarter production by 3,000-4,000 ounces. High-grade Deacon North drilling and deeper targets offer a possible longer-term counterweight.

Rox Resources has reported multiple high-grade underground gold intercepts at Youanmi’s United North area, including 10.30m at 12.46g/t. Ore drives on two levels have also extended about 125m beyond the existing DFS mine plan, with production stoping preparations now underway.

ABx Group has kicked off a targeted rare earth drilling campaign in northern Tasmania, deploying a proprietary rapid testing technique to accelerate exploration and refine resource understanding.

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.

OD6 Metals has recalibrated its Horseshoe fluorspar grades upward by nearly 13% following a re-assay program, confirming exceptional high-grade mineralisation near surface at its Quinn Project in Nevada.

Argosy Minerals is progressing its 12,000tpa Rincon Lithium Project in Argentina with robust feasibility testwork validating its process flowsheet and securing a 40MW power supply, underpinning its upcoming Definitive Feasibility Study.

Beach Energy delivered a solid FY26 with 19.4 MMboe production, a record 18 months without injuries, and a key Otway Basin asset sale freeing $500 million capital.

Bass Oil reported a 3% production increase in June 2026, driven by Indonesian output and Cooper Basin gains. The Bunian 6 well drilling is underway, expected to double group production, while the Vanessa gas field acquisition opens new gas sales and commercialisation pathways.

Brookside Energy has substantially completed production facilities at its Suttles pad in Oklahoma, setting the stage for Rig 18 to drill two wells targeting the Sycamore and Woodford formations in the Anadarko Basin.

Jade Gas Holdings has achieved a historic milestone with Mongolia’s first-ever approval of coal seam gas reserves, unlocking the path to commercial development of its TTCBM Project in the South Gobi.

Red Mountain Mining has locked in 100% ownership of the Pioneer Tungsten Project in Montana, an advanced asset with historic drilling pointing to promising tungsten grades. The company plans to kick off drilling in June 2026, capitalising on near-record tungsten prices and US government efforts to secure domestic critical mineral supplies.

Auric Mining has upgraded its Munda Gold Deposit resource by 32% to 192,000 ounces, supported by high-grade drilling and production that outperformed expectations. The deposit remains open for expansion, with a scoping study underway to integrate mining with the Burbanks Processing Plant.