Latest Mine Operations News

Beacon Minerals delivered a strong December quarter with increased gold production and improved recovery rates, while progressing key mining and exploration activities at the Lady Ida Gold Project.

Ariana Resources has secured A$8 million in funding from Hongkong Xinhai Mining Services Ltd to accelerate its flagship Dokwe Gold Project in Zimbabwe, while progressing drilling and production milestones at its Tavşan Gold Mine in Türkiye.

Macarthur Minerals reported steady progress at its Lake Giles Iron Ore Project during the December 2025 quarter, alongside key board changes and cautious cash management.

Apollo Minerals has secured a five-year reinstatement of its Couflens exploration permit in France, reviving prospects at the historic Salau tungsten mine alongside promising gold mineralisation. The company also advances exploration in Gabon and Serbia while raising A$6.55 million to fund its growth.

Redcastle Resources has reported exceptional high-grade gold assay results from its ongoing grade control drilling at Redcastle Reef, alongside key regulatory progress that paves the way for mining to commence mid-2026.

Chariot Resources reports promising high-grade lithium assays in Nigeria and advances US exploration with 32 new drilling targets, while securing strategic MOUs for financing and offtake.

Quantum Graphite has extended its Uley 2 Project mining leases for 21 years, underpinning long-term development plans while showcasing its innovative TES Graphite Cells technology at a major energy conference. Financing discussions are progressing to potentially integrate downstream processing, signalling a pivotal phase for the company.

Variscan Mines has locked in a A$1 million convertible loan note facility to accelerate exploration and development at its Novales-Udías Zinc Project in northern Spain. This funding underpins the company’s strategy to restart production at the high-grade San Jose Mine.

Aguia Resources has secured critical financing and advanced key projects in Brazil and Colombia, setting the stage for phosphate production in early 2026 and improved gold output. Meanwhile, the company streamlines operations and divests non-core assets to sharpen its focus.

Astron Limited has advanced its Donald Rare Earth and Mineral Sands Project with conditional senior debt support and ongoing financing discussions, targeting a final investment decision by the end of March 2026.

OzAurum Resources has reported strong drilling results and promising heap-leach testwork at its Mulgabbie North Gold Project, alongside a strategic $4.1 million placement to Forrestania Resources.

AJ Lucas Group Limited reported a solid 29% rise in Australian Operations EBITDA for the December quarter, underpinned by disciplined cost management and a significant UK settlement. Despite a revenue dip and suspended mining operations, the company reduced related party loans, securing lower interest rates and strengthening its financial position.