Latest Metallurgical Recovery News

Verity Resources has lifted its Monument Gold Project’s geological confidence by delivering a maiden Indicated Mineral Resource of 66,200 ounces and reported exceptional 97% gold recoveries at Waihi, underpinning development plans.

Prospect Resources has boosted its Mumbezhi Copper Project resource by 20%, notably doubling gold content, while commencing an extensive Phase 3 drilling program aimed at further expansion and upgrading.

Ramelius Resources delivered solid June quarter results, hitting 53,466 ounces at an AISC of A$1,973/oz and generating A$138.3 million in underlying free cash flow. The company met full-year guidance for the sixth consecutive year, advanced key projects, and progressed a major asset sale.

Wildcat Resources made significant strides in its Pilbara lithium projects during the June 2026 quarter, expanding the Tabba Tabba DFS scope and confirming robust metallurgical recoveries at both Tabba Tabba and Bolt Cutter Central. The company ended the quarter with a solid cash position of $37.2 million.

OzAurum Resources has locked in consistent high-grade gold mineralisation along its Mulgabbie North Paleochannel, driving a shift from study to construction with heap leach plant refurbishment near completion and civil works underway.

Auric Mining's integrated Scoping Study outlines a $138 million capital plan to restart mining at Munda and upgrade Burbanks processing plant, targeting first gold in early 2028 with robust economics and scalable infrastructure.

Viridis Mining's Colossus Demonstration Plant has exceeded metallurgical recovery rates assumed in its Pre-Feasibility Study, operating continuously with promising implications for project economics and financing.

Austral Gold has unveiled a comprehensive 14-year life-of-mine plan for its Guanaco Mine in Chile, underpinned by a US$192.1 million after-tax NPV and robust mineral reserves.

Norwest Minerals has revised its Bulgera Gold Project resource to 191,000 ounces with 76% in the Indicated category and reported strong metallurgical recoveries supporting heap leach development. The company launched a partly underwritten $1.89 million entitlement offer to fund ongoing studies.

Meeka Metals reports significant high-grade gold intersections well below the Turnberry Ore Reserve, coinciding with a strategic shift from open pit to underground mining amid contractor productivity issues.

TG Metals has struck a non-binding agreement with Medallion Metals to process 60,000 tonnes of gold-bearing stockpiles from Van Uden, unlocking a near-term revenue stream while advancing onsite heap leach development.

Polymetals Resources continues to confirm substantial high-grade silver-lead-zinc mineralisation at the Endeavor Mine's upper Main Lode, progressing towards a new Mineral Resource estimate.