Latest Mine Development News

Maritana Minerals is intensifying drilling across its Western Australian projects, aiming to upgrade resources and support a mid-2027 mining restart at Boorara and first gold processing at the Black Swan Processing Hub.

Skylark Minerals has expanded the mineralised footprint at its M’Basso Prospect to nearly 2km of strike, confirming continuity of key gold zones and setting the stage for a resource upgrade in Q4 2026.

Catalyst Metals' latest infill drilling at the Cinnamon gold deposit delivers thick, high-grade intercepts, underpinning plans for bulk underground mining and supporting an imminent Resource and Reserve update.

Strickland Metals is reshaping its leadership team with key departures and appointments as it shifts focus from exploration to development at its Rogozna Project in Serbia.

Maritana Minerals is steadily progressing its Black Swan Processing Hub project, with demolition, earthworks, and procurement well underway, aiming for first gold production in the second half of 2027.

Geopacific Resources has completed a drilling campaign at its Woodlark Gold Project, delivering significant high-grade gold intercepts that reinforce and extend known mineralisation, potentially enhancing project economics.

Medallion Metals has awarded a $50 million EPC contract to GR Engineering to convert its Cosmic Boy Concentrator into a standalone facility producing copper concentrate and gold doré, aligning with feasibility estimates and advancing production timelines.

Javelin Minerals has cleared a major hurdle with final mining approval for its Eureka Gold Project near Kalgoorlie, positioning it for imminent production backed by a $25 million financing deal.

Berkeley Energia reported a $8.7 million net loss for FY2026 while pushing forward with its Salamanca uranium project and maiden critical minerals resource at Conchas. The company continues a $1.25 billion ICSID arbitration claim against Spain over permitting delays.

Zimplats Holdings reported a strong FY2026 with revenue climbing 57% to US$1.3 billion and profit before tax soaring 484% to US$387.5 million, driven by higher metal prices, increased ore volumes, and improved operational efficiency.

Bathurst Resources delivered a consolidated EBITDA of NZD 44.7 million for FY26, reaching the top of its guidance despite a challenging start to the year for export coal prices. The company advanced key growth projects in New Zealand and Canada while maintaining a robust cash position.

Nickel Industries surged to a US$74 million profit in H1 2026, driven by higher nickel prices, expanded mining quotas, and strategic HPAL investments including first nickel cathode production at ENC.