Latest Mine Operations News

Burgundy Diamond Mines reported a mixed Q2-2025 with increased ore mined and carats recovered but lower revenue and margins, prompting a strategic pivot away from Point Lake and an extended focus on Misery and Fox underground operations.

Zenith Minerals has kicked off its Phase 1 drilling campaign at the Dulcie Far North gold prospect, setting the stage for a larger exploration push later in 2025 aimed at expanding its mineral resource base.

Redcastle Resources has unveiled a positive Scoping Study for its Queen Alexandra gold project, highlighting a high-return open pit operation with near-term production potential and robust economics at current gold prices.

Antipa Minerals reports significant assay results from its CY2025 Phase 1 drilling at the Minyari Gold-Copper Project, revealing substantial resource extensions and new discoveries. With Phase 2 drilling and a Pre-feasibility Study underway, the company is advancing towards a potential standalone gold development.

Everest Metals Corporation’s initial drilling at Mt Dimer Taipan confirms promising gold and silver mineralisation, with resource expansion potential and mining approvals expected soon.

Antilles Gold progresses its Cuban mining ventures with a key EPC contract signing and ongoing financing talks, focusing on the Nueva Sabana and La Demajagua projects. The company confirms stable resource estimates and outlines upcoming development milestones.

Pacific Nickel Mines continues mining activities at its Kolosori Nickel Project under Glencore financing despite ongoing ASX suspension and operational challenges.

BPH Global has transitioned from development to early commercial sales in its Indonesian seaweed operations, securing key offtake agreements and advancing multiple R&D projects. The company also raised $609,000 in fresh capital, positioning itself for growth in sustainable biotech markets.

Redcastle Resources has reported a substantial 280% increase in its gold Mineral Resource Estimates at its Queen Alexandra and Redcastle Reef deposits, reaching a combined 42,000 ounces. The company also signed a strategic MoU with Terra Mining to accelerate mining operations with a low capital expenditure model.

Matsa Resources has commenced mining at its Devon Pit Gold Mine with first ore processing slated for September 2025, while also receiving a significant $5.7 million deposit from AngloGold Ashanti under a $101 million tenement option agreement.

Vertex Minerals has made significant strides at its Reward Gold Mine, commencing gravity plant operations and preparing for underground mining with first high-grade ore expected in Q3 2025. The company also secured firm commitments for an A$11 million capital raise to support its development plans.

IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.