Latest Mine Development News

Aguia Resources has marked a significant milestone with its maiden gold pour at the Santa Barbara project in Colombia, while advancing underground development and expanding processing capacity. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise.

Evion Group has marked a key milestone with its first expandable graphite shipment from its India joint venture, while progressing critical permitting for its flagship Maniry Graphite Project in Madagascar. The company also secured $2 million in funding to support expansion and development.

Red Metal Limited's March 2025 quarterly report reveals robust progress across its rare earth and base metals projects, underpinned by promising drilling results and supportive government funding.

Uvre Limited reported steady progress in its uranium and lithium exploration projects during the March 2025 quarter, completing Phase 2 geophysical surveys and advancing joint venture discussions while maintaining solid cash reserves.

Adriatic Metals delivered a strong Q1 2025 with a 46% jump in silver equivalent production and a 26% rise in sales, setting the stage for commercial production in Q2. Key infrastructure milestones and debt repayments underpin confidence in the company’s growth trajectory.

Fin Resources Limited reported subdued exploration activity in Q1 2025 amid weak lithium prices but secured $445,000 via convertible notes and outlined plans for McKenzie Springs exploration.

BauMart Holdings has unveiled a multi-pronged strategy to tackle construction labour shortages, advance green building materials, and expand mining equipment services, supported by a $482,000 rights issue.

Hamelin Gold Limited advances its Western Australia gold exploration with co-funded drilling programs at Fremlins South and Jazz prospects, while completing a significant $2.8 million capital raise to fuel further activity.

Encounter Resources Limited has unveiled an ambitious 2025 exploration and development program across its Australian critical minerals projects, supported by significant government co-funding and a strong cash position.

Zimplats reported a decline in mining volumes and metal output for Q3 FY2025, alongside a rise in operating costs, while advancing key capital projects on schedule.

Western Gold Resources has made significant strides in advancing its Gold Duke Project, securing a preferred mining contractor with a deferred payment facility and raising over $1.7 million in capital to support development towards production.

Chilwa Minerals advances its critical minerals exploration with over 3,000 metres drilled at key deposits, a strategic assay lab shift to South Africa, and expanded local lab operations to support growing activity.