Latest Mine Development News

Native Mineral Resources (ASX:NMR) reported its strongest operational performance since restarting Blackjack, with a June gold smelt producing 488.5 oz doré and May metallurgical metrics showing record gold recovery over 95%. Multiple mining fronts and ongoing exploration position NMR for growth in FY2027.

Maritana Minerals has increased the processing capacity of its Black Swan Processing Hub to 2.5 million tonnes per annum, with construction set to begin mid-2026 and first production expected in the second half of 2027.

Rumble Resources has received the second $5 million milestone payment from Elemental Royalty and satisfied a key condition for its ore toll milling agreement, positioning the Western Queen project for pre-development.

Revolver Resources has completed the detailed 3D earthworks and facilities design for its Dianne Copper Mine Project, advancing procurement for key processing equipment and edging closer to a Final Investment Decision.

Theta Gold Mines has locked in a fully subscribed US$90 million senior secured bond to complete the TGME Gold Mine Project in South Africa, targeting first gold production in early 2027.

New Talisman Gold Mines boosted revenue by 121% to NZ$53,000 but posted a $2.26 million net loss as it commissioned a processing plant and secured key commercial agreements.

Orion Minerals has completed the conversion of a ZAR344.5 million loan from South Africa’s IDC into equity, giving IDC a 23.8% stake in the Prieska Project subsidiary and removing secured lending constraints.

Nova Minerals has launched a major 2026 exploration campaign at its Estelle Project in Alaska, combining a 10,000-metre drilling program with advancing antimony production backed by US$43.4 million in U.S. Department of War funding.

Australian Silica Quartz Group (ASQ) has cleared a key regulatory hurdle with DMPE approval for the White Swan Kaolin Project’s Mining Development and Closure Proposal, paving the way for bulk sampling and offtake talks ahead of mining.

Brightstar Resources has given the green light to its Goldfields Project, commencing construction of a 1.5Mtpa processing plant at Laverton. First gold production is slated for June 2027, backed by full funding and regulatory approvals.

American Uranium’s early infill drilling at Lo Herma confirms robust uranium mineralisation continuity in Mine Unit 1, setting the stage for a resource upgrade and scoping study in Q3 2026.

Revolver Resources has secured critical contracts and completed infrastructure upgrades at its Dianne Copper Mine Project, moving closer to a Final Investment Decision and first copper output within a year.