Latest Mine Infrastructure News

Octava Minerals has verified high-grade indium mineralisation up to 860ppm at its Sweeney’s prospect in Tasmania, with diamond drilling about to commence following promising geophysical survey results.

Coventry Group reports a challenging FY25 with revenue slipping 1.7% and EBITDA plunging 40.9%, but early FY26 results show promising recovery driven by cost cuts and ERP system stabilisation.

Eagle Mountain Mining Limited has lodged a prospectus for a non-renounceable entitlement offer to raise up to A$1.98 million, supporting exploration and development of its copper-gold projects in Arizona, USA. The offer includes attaching options and follows a recent $1.66 million placement.

EVZ Limited has issued earnings guidance for the first half of FY2026, forecasting revenue between $60 million and $65 million and a notable rise in EBITDA, reflecting operational improvements.

FireFly Metals has announced a substantial upgrade to its Green Bay Copper-Gold Project resource, reinforcing its position as a rising mid-tier producer with robust infrastructure and strong funding.

Enegex Limited has completed its acquisition of Famien Resources, adding a substantial gold exploration portfolio in Côte D’Ivoire, alongside a $5 million capital raise to support its growth ambitions.

WIN Metals Ltd has confirmed the technical and financial viability of its Butchers Creek Gold Project in Western Australia, outlining a 9-year mine plan with strong financial metrics and significant upside potential.

Resolution Minerals has launched a targeted three-hole RC drilling program at its Golden Gate Prospect, aiming to rapidly extend the footprint of its recent gold discovery. This step-out drilling precedes a larger 50-hole campaign, underscoring the project's growing significance in a critical US minerals district.

Moho Resources is set to begin its first reverse circulation drilling at the Swan Prospect within its Bush Chook Project, targeting a significant gold soil anomaly near a major regional deposit. This marks a pivotal step in unlocking the potential of over 100 historic gold anomalies across the project.

Great Southern Mining confirms significant shallow gold mineralisation over a 4.5-kilometre strike at its Amy Clarke prospect, with high-grade assays including 2m at 23.9 g/t Au. Follow-up drilling is planned for early 2026 to further delineate this promising discovery.

Eagle Mountain Mining has secured a 12-month exclusive option to acquire the Oracle Ridge copper mine’s surface and mineral rights, positioning the company to potentially restart production on a resource containing 380,000 tons of copper.

Bastion Minerals has agreed to acquire the Ninnis Gold Project in Western Australia’s Northern Goldfields for $125,000 in shares plus a 1.5% royalty, marking a strategic move into a prolific gold region. The early-stage project shows promising geological similarities to major nearby deposits, with exploration set to begin immediately after completion.