Latest Mine Engineering News

Maronan Metals has significantly upgraded its Maronan deposit resource, doubling indicated silver-lead tonnage and adding near-surface copper-gold resources, setting the stage for imminent economic assessment results and development progress.

West African Resources delivered solid Q2 gold production and cash flow, with the Kiaka project completing construction early and under budget. High-grade drilling results at M1 South promise further resource growth.

Prospect Resources has kicked off an extensive Phase 2 drilling campaign at its Mumbezhi Copper Project in Zambia, confirming promising copper grades and advancing metallurgical testing. A strategic $18.5 million investment from First Quantum Minerals strengthens its financial and technical position.

Venus Metals Corporation has secured the mining lease for its Bellchambers gold deposit, unlocking the path toward advancing development with promising drilling results and planned resource updates.

Aguia Resources reports a significant uplift in the economics of its Tres Estrades Phosphate Project in Brazil, driven by soaring phosphate prices and a streamlined production strategy targeting early 2026 start-up.

Encounter Resources has appointed key experts to accelerate development of its Aileron niobium-rare earth project, advancing metallurgical testing and market engagement.

Freehill Mining is progressing towards restarting operations at its Yerbas Buenas magnetite mine with a targeted six-month timeline, while exploration at the adjoining El Dorado project reveals promising magnetite and copper-gold potential.

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.

Jindalee Lithium has appointed Ian Rodger as Managing Director, marking a leadership milestone as the company advances its McDermitt Lithium Project. Rodger’s promotion follows his pivotal role in delivering key project studies and securing regulatory milestones.

Savannah Goldfields Limited is advancing its gold production restart at Georgetown with early ore transport underway, key management hires, and promising new exploration targets.

Ballard Mining Limited is set to raise $25-$30 million through an IPO to advance the Mt Ida Gold Project, boasting a 1.1 million ounce resource and significant exploration upside. The move follows a strategic demerger from Delta Lithium, positioning Ballard as a focused gold developer with an experienced leadership team.

Elementos Limited has raised $5 million through a strategic placement to Metals X, accompanied by the appointment of two Metals X executives to its board, signaling a closer partnership and potential strategic alignment.