Latest Mine Development News

Javelin Minerals has launched a targeted drilling campaign at its Eureka Gold Project in WA, aiming to extend high-grade gold mineralisation and capitalise on a newly expanded mining lease. The company is poised for near-term production under a joint venture with MEGA Resources.

Patriot Resources has announced a maiden JORC inferred resource of 31.4 million ounces silver equivalent at its high-grade Tassa project in Peru, highlighting significant growth potential and undervaluation compared to peers.

Barton Gold Holdings has completed a significant drilling campaign at its Challenger Gold Project, setting the stage for a pivotal feasibility study and potential production restart by mid-2026.

Centaurus Metals has received a non-binding Letter of Intent from Brazil’s National Development Bank for R$1 billion in debt funding to advance its Jaguar Nickel Project, marking a key milestone in its financing strategy.

Meteoric Resources hosted Minas Gerais Governor Romeu Zema at its Caldeira Rare Earth Project pilot plant, highlighting continuous production success and strong government backing for the project’s expansion.

West Wits Mining has poured its first gold from the Qala Shallows project in South Africa, marking a pivotal shift from development to production. This milestone positions the company as the newest gold producer in the historic Witwatersrand Basin.

Far East Gold has obtained a crucial environmental approval from the Indonesian government, clearing the way for advanced exploration at its Idenburg Gold Project and setting the stage for accelerated development.

Rox Resources has approved the Final Investment Decision for its Youanmi Gold Project, fully funded and ready to begin construction targeting first gold pour by mid-2027.

Great Boulder Resources has reported extraordinary high-grade gold intercepts at its Side Well Gold Project in WA, including a staggering 4434g/t assay at depth, signaling strong potential to expand its 1Moz resource base.

Prodigy Gold has updated its Hyperion Gold deposit resource, boosting indicated ounces by 70% to 212,000 ounces and increasing the total resource to 454,000 ounces. This reflects successful 2025 drilling and improved confidence ahead of a planned scoping study.

Felix Gold’s 2025 drilling program at Treasure Creek in Alaska has revealed further high-grade antimony and gold mineralisation, extending the NW Array system west and south and reinforcing its potential as a strategic US antimony source.

Albright Metals has released a second batch of high-grade gold assay results from its 2025 drilling campaign at the Vail Road Gold Deposit, reinforcing the deposit’s robust mineralisation across multiple zones. These findings pave the way for an updated JORC Mineral Resource Estimate and further mine development studies.