Latest Mine Infrastructure News

Tesoro Gold has reported significant new gold mineralisation outside the current Ternera deposit boundary at its El Zorro project in Chile, reinforcing prospects for resource expansion. Ongoing drilling continues to delineate promising zones that could boost the upcoming Mineral Resource Estimate.

Solstice Minerals has delivered promising first-ever Reverse Circulation drilling results at its Edjudina Range gold discovery in Western Australia, confirming significant gold mineralisation and setting the stage for accelerated exploration.

Lycopodium Limited has secured a significant A$40 million contract to deliver engineering and construction management services for Osino’s Twin Hills Gold Project in Namibia, aiming for first gold production in early 2027.

Yari Minerals has completed the acquisition of the Rolleston South Coal Project in Queensland’s Bowen Basin, adding a substantial 78.9 million tonnes inferred coal resource and planning further drilling to expand it.

Almonty Industries reported a sharp increase in net loss for Q1 2025 despite stable revenues, driven by significant non-cash charges on warrant and derivative liabilities. The company secured additional financing to support ongoing operations and project development.

Sierra Nevada Gold (ASX: SNX) has acquired 100% ownership of the historic New Pass Gold Mine in Nevada, extinguishing royalties and setting the stage for trial mining of its high-grade Superior Vein.

Mt Malcolm Mines NL is set to begin a fully funded 3,000-metre RC drilling program targeting high-grade gold at its Golden Crown and Dumbarton prospects near Leonora, aiming to define a maiden JORC resource and advance development plans.

Yari Minerals has agreed to acquire the Rolleston South Coal Project, adding a JORC-compliant inferred resource of 78.9 million tonnes in Queensland’s Bowen Basin. The deal includes shares and performance rights, with plans to expand and upgrade the resource through drilling.

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.

Blackstone Minerals and IDM International have reported impressive assay results from drillhole CDH-61 at the Mankayan copper-gold porphyry project, confirming over 300 metres of high-grade mineralisation and a robust high-grade core. This milestone reinforces Mankayan's status as a world-class undeveloped copper-gold asset with significant development optionality.

Theta Gold Mines reports significant progress in funding discussions, plant construction, and resource integration for its TGME gold project in South Africa during Q1 2025.

Magnis Energy Technologies advances financing for its Nachu Graphite Project while navigating the complexities of Imperium3 New York Inc’s bankruptcy and ongoing ASX suspension.