Latest Metallurgical Recovery News

Riversgold Ltd has exercised its option to acquire an 80% interest in the Kalgoorlie Gold Project after surpassing the minimum expenditure threshold, setting the stage for expanded drilling and potential mining lease conversion.

Brightstar Resources has reported outstanding metallurgical test results from its Cork Tree Well deposit, with gold recoveries exceeding 90% across multiple rock types. The company is fast-tracking further drilling to expand resource potential amid a recent board change.

Emerald Resources NL has increased the Ore Reserve at its Okvau Gold Mine by 245,000 ounces, lifting total reserves to 700,000 ounces and global resources beyond 3 million ounces. This update underpins the company’s ambition to become a multi-mine gold producer.

Cyprium Metals has significantly upgraded the mineral resource estimate for its Maroochydore Copper-Cobalt Project, revealing a large, near-surface copper sulphide system with 1.6 million tonnes of contained copper. This positions Maroochydore as a promising medium-term expansion opportunity alongside the nearby Nifty Copper Complex.

Aeris Resources reported steady copper equivalent production and improved cost management in Q2 FY25, overcoming operational challenges at Tritton. The company advances resource development and feasibility studies, positioning for growth.

Western Gold Resources Limited has secured expanded mining approvals, confirmed strong metallurgical recoveries, and updated its mineral resource estimate at the Gold Duke Project, positioning the company for a transition to production.

Kingston Resources delivered robust production and revenue growth at Mineral Hill in Q4 2024, while advancing a strategic review of its Misima Gold Project to unlock further value.

Aeris Resources delivered steady copper equivalent production and improved cash flow in the December 2024 quarter, despite operational setbacks at Tritton. The company advances exploration and development projects, positioning for future growth.

Coda Minerals has significantly enhanced the economic outlook of its Elizabeth Creek Copper-Cobalt Project, with a pre-tax NPV7 rising to $1.18 billion and a post-tax NPV7 increase of 57% to $802 million. The company also secured $5.1 million in fresh capital to accelerate exploration and drilling activities in 2025.

Great Boulder Resources has reported robust exploration results at its Side Well Gold Project, uncovering significant high-grade gold mineralisation and confirming excellent metallurgical recoveries. The company is advancing towards resource growth and mining approvals while progressing the divestment of its Whiteheads project.

Silver Mines Limited has secured $25 million in funding and released an updated Ore Reserve and Optimisation Study for its flagship Bowdens Silver Project, reinforcing its position as a leading silver developer in Australia.

Dreadnought Resources has strategically acquired tenement E09/2383, consolidating its Mangaroon Gold Project and unlocking access to high-grade gold mineralisation at the Jailor target. This move sets the stage for intensified exploration activities starting February 2025.