Latest Mine Development News

Sayona Mining has released final results from its 2024 drilling campaign at the Moblan Lithium Project, revealing multiple thick, high-grade lithium intercepts that support upgrading resources and expanding the project’s footprint.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.

Almonty Industries has released an updated JORC technical report for its Sangdong Tungsten Mine, affirming Phase I production commencement in late 2025 and outlining plans for a fully permitted Phase II expansion to double throughput.

Antilles Gold has taken a major step forward in developing its Nueva Sabana copper-gold mine by signing a non-binding Letter of Intent with Chinese firm Xinhai for a $26 million EPC contract and $16 million in project financing. The agreement also includes a strategic $4.1 million share placement, signaling deeper collaboration and governance involvement.

Aguia Resources has locked in $2.687 million in loan commitments, including a $500,000 stake from its Executive Chairman, to fund ongoing mine development and exploration in Colombia. The loans feature convertible terms and options issuance, pending shareholder and ASX approvals.

Blackstone Minerals has revealed significant surface copper and gold mineralisation adjacent to its flagship Mankayan project in the Philippines, setting the stage for expanded exploration and development.

Orion Minerals has raised approximately A$5.8 million through a share placement and loan conversions, while launching a Share Purchase Plan targeting an additional A$4 million to fund key copper projects.

Black Cat Syndicate reports robust progress in reverse circulation drilling at Fingals, delivering high-grade gold intercepts that underpin imminent mine development at Kal East.

BMG Resources has signed a key Memorandum of Understanding to process ore from its Abercromby Gold Project at the nearby Matilda Processing Plant, marking a pivotal step toward production. This agreement supports BMG’s transition from developer to gold producer amid a strong gold price environment.

Haranga Resources’ due diligence sampling at the Lincoln Gold Project confirms robust, high-grade gold assays, underpinning confidence in upcoming drilling and resource estimates. The historic data integrity and assay consistency pave the way for the Phase 1 diamond drill program planned for August 2025.

Black Cat Syndicate has inked a binding agreement to purchase up to 125,000 tonnes of ore from Auric Mining, aiming to boost gold production at its Lakewood facility starting September 2025.

Auric Mining has finalized a crucial toll milling and ore purchase agreement with Black Cat Syndicate, enabling processing of up to 125,000 tonnes of ore from its Munda Starter Pit. This milestone sets the stage for gold production commencing in October 2025 and expected cash flow in the final quarter of the year.