Latest Mine Development News

Evolution Mining has delivered on its FY26 guidance with record cash flows and a fully unhedged portfolio, while setting a stable operational outlook for FY27 amid inflationary pressures.

Predictive Discovery Limited (ASX:PDI) is making a strategic US$10 million investment to acquire a 12.3% stake in Awalé Resources, targeting gold exploration growth in Côte d'Ivoire’s Odienné Project.

Rio Tinto reported a 3% year-on-year increase in copper equivalent production for H1 2026, driven by Oyu Tolgoi’s 31% growth and record iron ore output in the Pilbara, while maintaining full-year guidance amid geopolitical headwinds.

GoldArc Resources reports strong grade control drilling results from the Mt Stirling Well and Mt Stirling gold deposits, underpinning updated mining models and advancing preparations for regulatory approval ahead of mining.

Star Minerals has begun mining at its Tumblegum South Gold Project with high-grade gold intercepts confirmed, while also expanding its footprint by securing a large new exploration project near Merredin in Western Australia.

Group 6 Metals set a new quarterly record processing 77,953 tonnes at its Dolphin Tungsten Mine, producing 21,297 MTUs of tungsten concentrate despite lower feed grades. The company strengthened its cash position to $49.5 million and commenced underground mining, aiming to improve grades and recovery in coming quarters.

Ausgold Limited has reported robust drilling results that expand and upgrade the 2.44 million ounce Mineral Resource at its Katanning Gold Project, while advancing key pre-development milestones ahead of a final investment decision targeted by year-end.

Aguia Resources has delivered a breakthrough month at its Santa Barbara Gold Project in Colombia, tripling gold production to 851.9 grams from 100 tonnes processed in June while cutting capital and operating costs dramatically.

Rox Resources has received the last major environmental approval for its Youanmi Gold Mine, enabling full-scale construction of the processing plant and advancing underground mining ahead of schedule.

American Uranium has wrapped up a 50-hole, 12,757-metre drilling campaign at its Lo Herma uranium project, confirming strong mineralisation continuity and expanding resource potential ahead of a Q3 2026 resource update and scoping study.

Pantoro Gold's FY2026 gold output fell below expectations due to contractor and labour shortages, prompting a strategic operational review. The company targets 90,000 to 105,000 ounces in FY2027 with a stabilisation-first approach and significant investments in new ore sources and infrastructure.

Astral Resources reports strong assay results from infill drilling at Theia, underpinning resource upgrades and de-risking early Mandilla mine development near Kalgoorlie.