Latest Metallurgical Recovery News

Verity Resources has upgraded its Monument Gold Project with a maiden indicated resource and is progressing development studies, while its Botswana copper-silver and Brazil rare earth projects offer multiple growth avenues.

Black Bear Minerals’ latest scoping study for its Independence Gold Project in Nevada outlines a low-capital open-pit heap-leach operation with a post-tax NPV of around A$511 million and a rapid 1.4-year payback, based on a portion of the near-surface epithermal resource.

Austral Gold lifted Guanaco production by 17% in Q2 2026, cut unit costs, and filed a new technical report extending mine life to 2040 with a US$192 million NPV. Toll processing at Casposo added US$5.9 million in fees, while exploration advanced in Chile and Argentina.

Silver Mines has unveiled a Definitive Feasibility Study for its Bowdens Silver Project, confirming a 26-year mine life and lifting ore reserves to 93.5 million ounces of silver with robust economics and strategic land acquisition.

Sun Silver Limited is drilling to upgrade and grow resources at its Maverick Silver Project in Nevada, while expanding its landholding to 15 kilometres with a strategic acquisition and staking. The company engages Ausenco for scoping studies, holding $23.1 million cash at quarter-end.

Legacy Minerals has significantly expanded its Mt Carrington Mineral Resource Estimate to 47.9 million tonnes containing 1.6 million ounces gold-equivalent, boosting the Indicated category by 69% and setting the stage for an optimised scoping study.

Lunnon Metals boosts cash to $22.2 million as Lady Herial mining wraps up, launching a record $13 million exploration budget targeting up to 2.4 million ounces of gold at Foster-Baker.

High-Tech Metals has completed a major drilling program at Mt Fisher with promising early assays and delivered exceptional metallurgical recoveries at Wagtail, progressing both projects toward near-term production.

White Cliff Minerals has delivered robust high-grade copper results at its Rae Copper Project, notably along the Teshierpi Fault Zone, while securing significant funding and completing the divestment of its Great Bear Project.

Meteoric Resources has signed a strategic partnership with POSCO International to advance the development and commercial production of rare earths at the Caldeira project in Brazil, aiming to secure a resilient supply chain for Korea.

Cobre Limited’s Sierra Atacama project delivers first consecutive positive operating cash flow months, while a major drilling program and $90 million capital raise set the stage for growth.

Odyssey Gold’s Stage 1 Scoping Study for Tuckanarra outlines a low-capital, near-term production of 79,000 ounces of gold, backed by a toll milling agreement at Kirkalocka and an updated resource base of 451,000 ounces.