Latest Mine Development News

Greatland Resources reports strong FY25 results with gold and copper production meeting guidance and costs significantly below expectations. The company advances Havieron feasibility and outlines ambitious FY26 growth capital plans to extend mine life and boost production.

New World Resources has upgraded its Antler Copper Deposit resource to 14.2 million tonnes at 3.8% copper equivalent, secured key permitting milestones, and recommended shareholders accept a $0.067 per share takeover offer from Kinterra Capital.

Capricorn Metals reports a 13% increase in Mineral Resources at its Mt Gibson Gold Project, highlighted by maiden underground resources and promising high-grade gold intercepts, alongside a strategic acquisition expanding its footprint in Western Australia.

Hamelin Gold Limited has progressed key drilling programs in Western Australia’s premier gold provinces, backed by a recent $2.8 million capital raise that leaves it well-funded for ongoing exploration.

Richmond Vanadium Technology has paused parts of its feasibility study and approval processes in response to a prolonged downturn in vanadium prices, focusing instead on metallurgical innovation and cash conservation.

Kaiser Reef has completed a transformative acquisition of the Henty Gold Mine, backed by a $20.9 million capital raise, positioning the company for significant growth in Tasmania and Victoria.

Magnetic Resources NL has achieved a key milestone with the granting of a mining lease over its flagship Lady Julie North 4 deposit, supported by a feasibility study confirming robust economics and over one million ounces of gold production.

Norfolk Metals has successfully raised $3.5 million in an oversubscribed placement to fund its maiden drilling program at the Carmen Copper Project in Chile, signaling strong investor confidence and a clear path toward resource definition.

Adriatic Metals reported a 23% rise in silver equivalent production in Q2 2025, driven by a 50% increase in ore milled, while revising full-year guidance lower due to operational constraints. The company also declared commercial production and agreed to a recommended acquisition by Dundee Precious Metals.

Eagle Mountain Mining reports steady progress on its Arizona copper assets, including ongoing exploration and a strategic board reshuffle, while maintaining a $1.1 million cash position.

Bellevue Gold Limited delivered a standout June quarter with record free cash flow and significant operational gains, while advancing its ambitious net zero emissions target.

Larvotto Resources has successfully raised $60 million in equity alongside a $105 million bond, fully funding the Hillgrove Antimony-Gold Mine development with production targeted for mid-2026.