Latest Mine Development News

Zimplats delivered steady mined and milled volumes in Q1 FY2026 with improved safety performance and significant cost increases. Major capital projects remain on track despite operational challenges.

RTG Mining moves closer to production at its high-grade Mabilo Copper and Gold Project with full financing secured from Glencore, while drilling results at its Chanach Project in Kyrgyzstan reveal promising resource expansion potential.

Rand Mining reported steady gold production and promising exploration results in the September 2025 quarter, alongside an improved cash position despite rising operating costs.

Mount Hope Mining has raised $2.48 million through a placement and share purchase plan to accelerate drilling at its Mt Solitary gold prospect and the broader 7.5km gold corridor in the prolific Cobar Basin.

FIN Resources Limited has executed a binding agreement to acquire the fully permitted, high-grade Cabin Lake Gold Project in Canada’s Northwest Territories, setting the stage for immediate exploration and resource growth.

Southern Palladium Limited has launched a Share Purchase Plan allowing eligible shareholders to invest up to $30,000 at $1.10 per share, aiming to raise $1 million to advance its Bengwenyama mine project in South Africa.

Star Minerals has raised $1.5 million through a share placement to fund critical drilling and mining approvals at its Tumblegum South Gold Project, aiming for production start in early 2026.

Metals X reported a 16.6% decline in tin production at its Renison operation for Q3 2025 due to equipment and processing challenges, while cash reserves rose to $279.5 million. The company continues advancing its Rentails project and maintains strategic investments.

Western Gold Resources reports promising early drilling results and a significant upgrade to its Gold Duke Project economics, supported by a $6.75 million capital raise to fund production.

Ardiden Limited has agreed to merge with Lac Gold Limited, acquiring the advanced Rouyn Gold Project and creating a well-funded dual-asset gold explorer with a combined resource of 1.66 million ounces. The deal, backed by strong shareholder support and a $10 million capital raise, positions Ardiden for growth in two Tier-1 Canadian jurisdictions.

Nelson Resources has submitted a Program of Work for an extensive drilling program at its Yarri Gold Project, with MEGA Resources set to fully fund operations up to $10 million. Drilling is expected to begin shortly after regulatory approval.

Ramelius Resources has announced a maiden 1.6 million ounce ore reserve at its Never Never underground deposit, alongside plans to expand the Mt Magnet processing plant to 5 million tonnes per annum, underpinning a robust 11-year mine life and strong financial outlook.