Latest Mine Operations News

Albion Resources has completed the sale of its Mongers Lake Project to Capricorn Metals for A$1.5 million, combining cash and shares, while positioning itself to accelerate exploration at its promising Yandal West Gold Project.

Critica Limited has confirmed that its Jupiter Project in Western Australia hosts the country’s largest and highest-grade magnet rare earth clay-hosted resource, with 640 million tonnes at 490 ppm MREO. This milestone underscores Jupiter’s strategic potential in supplying critical rare earths essential for clean energy technologies.

Savannah Goldfields has announced its maiden Ore Reserve at the Agate Creek Gold Project in Queensland, confirming 36,800 ounces of gold ready for production. This milestone supports the company’s plans to restart mining operations and secure financing.

Redcastle Resources is progressing its Queen Alexandra gold project from scoping to pre-feasibility study preparation, focusing on closing critical data gaps and exploring funding options to accelerate development.

Ausgold Limited advances its Katanning Gold Project with secured land access for water infrastructure and a strategic land acquisition, while legal proceedings on land compensation loom.

Asra Minerals has initiated a 2,000-meter aircore drilling program targeting extensions of historic high-grade gold mineralisation at its Leonora South Gold Project in Western Australia.

Matsa Resources has begun transporting ore from its Devon Pit Gold Mine to the Greenfields processing plant, setting the stage for its first gold pour in September 2025.

AXP Energy has secured 1,400 acres of oil and gas leases in Kay County, Oklahoma, setting the stage for rapid drilling and expansion of its gas-to-power-bitcoin mining operations. The company aims to leverage proven stacked pay zones and a favorable regulatory environment to scale production and innovative energy uses.

QMines Limited reports strong, consistent high-grade copper-zinc drilling results at its Sulphide City deposit, reinforcing the Develin Creek project’s growth potential and advancing plans for a multi-asset operation in Central Queensland.

Vertex Minerals has initiated underground mining at its Reward Gold Mine, marking a significant shift to high-grade gold extraction. The company is progressing steadily with infrastructure and mining fronts to sustain continuous production.

AXP Energy has raised A$2.7 million through a two-tranche placement to expand its innovative gas-to-power-bitcoin mining operations and accelerate oil and gas drilling activities in Oklahoma.

Zeotech Limited has secured a binding offtake term sheet with MSI, granting exclusive rights to supply and market its kaolin products across key Asian markets, underpinning its Toondoon Kaolin Project development.