Latest Mine Development News

EV Resources has appointed Miguel Barahona as President of its Mexican subsidiary to lead the restart of the Los Lirios open pit antimony mine, signalling a strategic push to advance its operations in Oaxaca.

AIC Mines Limited has launched a A$55 million equity raise alongside a A$10 million share purchase plan to fund a significant expansion of its Eloise Copper Mine processing capacity and advance the Jericho Copper Mine development.

Aurelia Metals has released its FY26 production, cost, and capital guidance alongside an aspirational outlook for FY27 and FY28, highlighting key operational shifts and investment in the Cobar region.

Canterbury Resources is set to drill a 900m deep hole at its Briggs copper project, testing a high-priority geophysical target that could reveal richer copper zones. Supported by a government grant, this move coincides with a scoping study aiming to unlock one of Australia’s largest undeveloped copper deposits.

Brightstar Resources is advancing underground development at its Fish Mine on schedule, aiming for first ore stoping in the September quarter while launching drilling programs to extend mine life and upgrade resources.

Blackstone Minerals has received Supreme Court approval to acquire IDM International, gaining control of the significant Mankayan copper-gold project in the Philippines. The scheme is set to become effective mid-June, marking a strategic expansion for Blackstone in Southeast Asia's critical minerals sector.

Iltani Resources continues to impress with broad, high-grade silver and base metals intersections from its Orient West drilling program in Queensland, setting the stage for a significant JORC Resource estimate.

Gibb River Diamonds has successfully completed a heritage survey over the proposed open pit at its Neta Prospect, removing a key obstacle to mining development within the Edjudina Gold Project. The project moves closer to production with mining costs borne by a private contractor.

AIC Mines has reported compelling new drilling results from its Jericho copper deposit in North Queensland, revealing high-grade mineralisation extending 380 metres beyond previous resource limits. These findings bolster the company’s resource base and highlight the deposit’s growth potential.

Southern Palladium has raised A$8 million through a strategic placement to accelerate its Definitive Feasibility Study and staged mine development at the Bengwenyama PGM project, backed by a major cornerstone investor.

Venus Metals Corporation reports promising gold assay results from its recent drilling at Bellchambers and Rangeview prospects, setting the stage for an updated resource estimate and potential mine development.

Celsius Resources’ Philippine subsidiary has launched a detailed drilling campaign to refine the feasibility and engineering plans for its flagship copper-gold project, aiming to unlock further value and operational clarity.