Latest Mine Operations News

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.

Capricorn Metals has delivered outstanding underground gold intercepts at its Lexington prospect, extending the Mt Gibson Gold Project's underground potential well beyond current resources. These results pave the way for a significant long-life mining operation with further drilling planned.

Ardiden Limited has secured the historic Golden Patricia Gold Mine from Barrick, consolidating a high-grade gold corridor in Ontario’s Pickle Lake district and opening significant exploration opportunities.

Riversgold has kicked off a focused nine-day diamond drilling campaign at its Northern Zone Gold Project near Kalgoorlie to gather essential rock strength data for pit design, as it nears a key mining lease grant and development partnership with MEGA Resources.

Talisman Mining’s first air-core drilling at East Peak Hill in NSW uncovers promising gold and copper-cobalt-zinc mineralisation, setting the stage for a follow-up program in May to test vein-style gold and porphyry copper-gold targets.

Celsius Resources has revealed it was not informed before Maharlika Investment Corporation assigned its loan under the Omnibus Loan and Security Agreement with Makilala Mining to an Indian firm, prompting legal and financial review.

Boab Metals has locked in a A$236 million syndicated loan split evenly between AUD and USD tranches to fund the Sorby Hills Silver-Lead Project, with first drawdown expected in Q3 2026 and production targeted for late 2027.

Loyal Metals Ltd has entered a binding scheme implementation deed with Indonesia’s PT Bumi Resources Tbk to sell all shares for A$0.45 each, valuing the company at approximately A$79.1 million. The transaction offers shareholders an immediate cash premium of over 40% and is supported by Loyal’s board and major shareholders.

Skin Elements has inked a binding deal to acquire the Mount Ida Gold Project in Western Australia, aiming to boost its gold assets through a planned capital raise. The move signals a pivot towards mining growth alongside its existing biotech ventures.

Fortescue Ltd has greenlit a US$680 million expansion of its Pilbara renewable energy infrastructure, aiming to deliver 200MW of additional capacity by 2028 to meet rising industrial and data centre demand while advancing its Real Zero by 2030 emissions target.

Orezone Gold Corporation reported a 35% jump in Q1 2026 gold production, driven by Bomboré’s hard rock expansion and the acquisition of Quebec’s Casa Berardi mine. Operational hiccups with emulsion supply slowed high-grade ore sequencing but did not derail cost guidance.

Auric Mining has appointed Gareth Solly as CEO, aiming to fast-track its transition to a mid-tier gold producer by developing the Burbanks processing facility and expanding operations at Munda.