Latest Mine Life Extension News

Medallion Metals has greenlit development at Ravensthorpe following a $50 million loan and environmental approval, while integrating Forrestania assets to underpin a multi-source gold strategy.

Focus Minerals Ltd maintained steady gold production and processing efficiency at Coolgardie during the March 2026 quarter, generating robust sales revenue and a healthy cash position.

Predictive Discovery Limited (ASX:PDI) completed its merger with Robex Resources, propelling gold production to 48,178 ounces in Q1 2026 and setting sights on 400,000 ounces annual production by 2029.

Yancoal Australia posted a record 38.6 million tonnes of attributable saleable coal in 2025, up 5% on 2024, but net profit after tax plunged 64% to A$440 million amid softer coal prices. The miner maintained disciplined cost control and declared A$769 million in fully franked dividends.

EQ Resources has launched a significant drilling campaign at its Mt Carbine Tungsten Mine aiming to upgrade resources and support mine life extension amid rising tungsten prices.

Pantoro Gold’s latest drilling at Scotia confirms significant high-grade gold zones well below current resources, prompting approval for new mining levels and bolstering production prospects for FY2027 despite recent delays.

Northern Star Resources strengthened its cash flow and maintained FY26 production guidance above 1.5 million ounces despite cost inflation and operational challenges. The KCGM Mill Expansion remains on track for early FY27 commissioning, underpinning confidence reflected in a $500 million share buy-back announcement.

Yancoal’s March quarter report reveals stable coal output amid rising diesel prices pushing operating costs higher, alongside progress on its $2.6 billion Kestrel Coal Mine acquisition. The company’s safety performance improved and market coal prices gained momentum, with realized price benefits expected from Q2.

BMC Minerals has kicked off its 2026 drilling campaign at the Kudz Ze Kayah Project with a standout massive sulphide intercept at the Krakatoa Zone, pointing to potential extensions beyond current reserves and a longer mine life.

Brightstar Resources has wrapped up its largest-ever processing campaign under the Genesis Minerals Ore Purchase Agreement, delivering nearly 8,000 ounces of gold and $53 million in gross revenue. This milestone strengthens Brightstar’s financial position ahead of its own processing plant construction and mine restarts in 2027.

Aeris Resources aims to extend the life of its Tritton copper operations through the proposed acquisition of Peel Mining’s South Cobar assets, while reporting strong H1 FY26 financial performance and advancing multiple development projects.

AIC Mines reported a strong March quarter with Eloise copper production exceeding guidance at lower costs amid steady progress on its processing plant expansion and Jericho underground development.