Latest Mine Development News

Mount Gibson Iron Limited has agreed to acquire a 50% interest in the Central Tanami Gold Project, marking a strategic shift towards gold production while maintaining steady iron ore operations at Koolan Island.

Dalaroo Metals has secured 100% ownership of four gold permits in Côte d’Ivoire, leveraging extensive historical exploration data and planning aggressive drilling to unlock value in a prolific West African gold region.

Astral Resources reports strong assay results from 29 additional holes at Theia Deposit, confirming broad zones of high-grade gold consistent with its existing resource model. The ongoing in-fill drilling program advances the Mandilla Gold Project towards production readiness.

AIC Mines has confirmed high-grade copper mineralisation continuity at the Jericho deposit’s Jolly shoot, with early access expected by March 2026, potentially fast-tracking production growth.

Broken Hill Mines Limited has locked in a binding underwriting agreement for its BHMO Options, aiming to raise approximately A$7.5 million to accelerate drilling and development at its Broken Hill projects.

Gorilla Gold announces strategic leadership hires and an employee incentive scheme tied to ambitious resource growth targets, alongside significant high-grade gold discoveries extending the Lakeview deposit at Comet Vale.

Tolu Minerals has raised A$60.5 million through a well-supported institutional placement to fund exploration and refurbishment at its Tolukuma Gold Mine, signaling confidence in its growth strategy.

Catalyst Metals reported a slight dip in September quarter gold output due to processing challenges but remains on track to meet full-year targets amid ramped-up exploration and development.

Augustus Minerals has completed an extensive soil geochemistry program at its Music Well Gold Project, setting the stage for imminent drilling after heritage approvals. The company targets extensions of high-grade gold mineralisation beneath shallow soil cover.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.

European Lithium Limited has sold 3 million shares of Critical Metals Corp. at a 10% premium, raising US$21 million and underscoring the strong value of its CRML stake.

Horizon Minerals reports outstanding high-grade gold intersections from its ongoing drilling program at the Burbanks project, reinforcing resource confidence and paving the way for future mine development.