Latest Mine Development News

Alice Queen has deployed a dual-purpose drill rig to Horn Island, initiating a multi-phase program aimed at expanding its substantial gold resource and exploring new mineralised zones.

GoldArc Resources has cleared the last regulatory hurdle for its Mt Stirling gold project, enabling development to proceed under a 50/50 profit-share partnership with BML Ventures.

Venus Metals Corporation is returning $35 million to shareholders via a special cash dividend funded by the recent sale of its Youanmi Gold Project royalty to Franco-Nevada. The dividend is largely franked and follows an earlier in-specie distribution of Rox Resources shares.

Global Lithium Resources has secured the Mining Development and Closure Proposal approval for its Manna Lithium Project, paving the way for early works and infrastructure development ahead of a planned Final Investment Decision in late 2026.

Peregrine Gold has expanded the known gold-bearing paleo gravel strike at its Capricorn Prospect to approximately 4 kilometres, uncovering a new potential gold source and advancing plans for small-scale mining operations.

Medallion Metals has wrapped up all key regulatory hurdles for its Ravensthorpe Gold Project, clearing the way for mine development and early production activities to begin this year.

Dateline Resources confirms Colosseum as a high-margin gold project with strong BFS economics and pushes rare earth exploration at Music Valley with assays up to 7.1% TREO.

Paterson Resources has boosted its Inferred Mineral Resource Estimate at the Grace Gold Project to 200,000 ounces, revealing shallow, high-grade gold mineralisation with strong open cut potential.

Rumble Resources has upgraded its Western Queen gold resource by 17% to 433,600 ounces, secured a near five-year toll milling agreement, and progressed feasibility and permitting work, setting the stage for production in 2027.

Emerald Resources NL sustained steady gold output at its Okvau Mine with 27.1Koz produced in June quarter while progressing the Dingo Range Gold Project towards production, supported by a robust cash position of A$481 million.

Nexus Minerals has completed nearly 22,000m of RC drilling at Wallbrook, delivering strong gold intercepts and setting up an updated resource estimate by September. The company also moved to acquire Northern Star's remaining 10% stake in the Pinnacles JV, consolidating full ownership.

Eagle Mountain Mining finalises a joint venture with Nittetsu Mining for the Oracle Ridge copper project, extinguishing a US$7.25 million debt and setting in motion a US$16.5 million exploration program. The company holds $2.9 million cash and is reassessing its Silver Mountain project alongside new acquisition pursuits.