Latest Mine Life Extension News

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Brightstar Resources has reported a remarkable 91% increase in gold production at its Laverton underground mines for the September quarter, setting a new company record. The ramp-up at the Fish mine and ongoing exploration efforts signal strong growth potential.
Maxwell Dee
Maxwell Dee
14 Oct 2025
Western Gold Resources has raised $6.75 million in a heavily oversubscribed placement, fully funding its Gold Duke Project and setting the stage for production to begin late this year.
Maxwell Dee
Maxwell Dee
7 Oct 2025
Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025 amid falling coal prices and supply chain disruptions, despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing strategic acquisitions and sustainability initiatives.
Maxwell Dee
Maxwell Dee
25 Sept 2025
Vault Minerals projects steady gold production in FY26 with growth through FY28, driven by key plant upgrades and the anticipated restart of Sugar Zone operations. The company plans significant capital and exploration investments while preparing to fully unwind its hedge book.
Maxwell Dee
Maxwell Dee
22 Sept 2025
Perseus Mining has secured presidential approval to develop the CMA underground project at Yaouré, marking a pivotal expansion in Côte d’Ivoire’s gold mining sector. The project promises to extend mine life to 2035 with production ramping up by early 2027.
Maxwell Dee
Maxwell Dee
19 Sept 2025
Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.
Maxwell Dee
Maxwell Dee
16 Sept 2025
Ora Banda Mining Limited reports a 24% increase in Ore Reserves and a Mineral Resource growth to 2.11 million ounces at its Davyhurst Gold Project, setting the stage for an ambitious $73 million exploration program in FY26.
Maxwell Dee
Maxwell Dee
12 Sept 2025
QMines Limited reports a significant increase in optimised open pit material at its Develin Creek project, confirming 930,000 tonnes at 1.73% copper equivalent from the Scorpion-Window deposit. Combined with Mt Chalmers and Mt Mackenzie, total optimised material rises to 13.6 million tonnes, advancing the company’s central Queensland copper-gold strategy.
Maxwell Dee
Maxwell Dee
10 Sept 2025
Horizon Gold has initiated a 4,400m drilling campaign at its Gum Creek Gold Project to expand its 2.14 million ounce gold resource, targeting multiple prospects near the historic Gidgee Mill. A follow-up diamond drilling program will explore high-grade underground targets, aiming to extend the mine life and enhance project economics.
Maxwell Dee
Maxwell Dee
9 Sept 2025
29Metals Limited reports promising high-grade copper and zinc drill results from its 2025 exploration program at Golden Grove, highlighting potential mine life extensions and resource growth opportunities.
Maxwell Dee
Maxwell Dee
9 Sept 2025
Austral Resources Australia Ltd is advancing its strategy to become a mid-tier copper producer by consolidating key assets in Queensland’s Mount Isa copper belt, supported by a $40 million capital raise.
Maxwell Dee
Maxwell Dee
8 Sept 2025
Genesis Minerals has more than doubled its FY26 exploration budget to A$40-50 million, driven by promising drilling results at its Leonora and Laverton gold assets. Recent assays reinforce the company’s strategy of organic growth supported by resource expansion near existing processing infrastructure.
Maxwell Dee
Maxwell Dee
1 Sept 2025