Latest Mine Operations News

Riversgold has completed a significant drilling campaign at its Northern Zone within the Kalgoorlie Gold Project, with mining lease approval expected imminently. Collaborative efforts with MEGA Resources are accelerating plans for gold extraction in 2026.

Pacgold has secured a profit share agreement to tap into the high-grade, historically mined Wadnaminga Project near its White Dam operations, aiming to fast-track gold production from legacy tailings and untested lodes.

Viking Mines has completed digitisation of historical drilling data at its Linka tungsten project in Nevada, revealing promising high-grade, shallow mineralisation at the Conquest area. The company is fast-tracking a maiden drilling program aimed at early production to meet growing US defence supply needs amid rising tungsten prices.

Sarytogan Graphite Limited has secured a crucial 27-year water licence for its Kazakhstan graphite project, marking a significant step in de-risking development. This approval complements prior permits and supports the upcoming feasibility study.

Celsius Resources has raised A$9.3 million through a well-supported institutional placement, strengthening its balance sheet to advance the financing and early development of its flagship MCB copper-gold project in the Philippines.

Pantoro Gold has announced a significant on-market share buy-back of up to 10% of its shares, leveraging strong cashflow from its Norseman Gold Project to enhance shareholder value while funding growth.

Brightstar Resources reports strong diamond drilling results at its Sandstone Hub, highlighting high-grade gold intercepts that underpin an imminent Mineral Resource upgrade and ongoing pre-feasibility studies.

Aurum Resources has announced a significant 49% increase in Indicated Mineral Resources at its Boundiali Gold Project in Côte d'Ivoire, lifting the total resource to 3.03 million ounces and setting the stage for a pivotal Pre-Feasibility Study.

Forrestania Resources has contracted Como Engineers to deliver a fully automated modular gold processing plant for its Lake Johnston facility, marking a key step towards production. The $5.57 million plant will be pre-assembled and hot tested to streamline commissioning.

Kuniko Limited has raised A$3.75 million in a strongly supported placement to fast-track drilling and resource expansion at its Commonwealth Gold–Silver Project in NSW’s Lachlan Fold Belt. Phase I drilling is underway, with results expected in April 2026.

Perseus Mining reported a 5% revenue increase to US$608.5 million for the half-year ended December 2025, despite an 8% drop in net profit and a 26% decline in gold production. The company declared a steady interim dividend and outlined ongoing operational challenges and corporate restructuring.

Forrestania Resources has signed a binding ore purchase agreement with Westgold Resources, marking its official transition to gold production with an initial $7.2 million parcel of ore.