Latest Mine Operations News

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Everest Metals Corporation has revealed a promising 1.1km gold anomaly at its Revere project, completed a key rubidium extraction study at Mt Edon, and is poised to start mining at Mt Dimer by year-end.

NEXION Group Ltd has exited a major transaction, sold its Perth data centre, and relaunched its AI-focused subsidiary, positioning itself for renewed growth and ASX reinstatement.

FireFly Metals reports exceptional drilling results at its Green Bay Copper-Gold Project, extending mineralisation well beyond current resources. Backed by a substantial A$145 million capital raise, the company is poised for a resource update and advancing mining studies.

Miramar Resources has completed a significant aircore drilling program at its Gidji JV Gold Project and secured government co-funding for geophysical surveys at its Bangemall projects, supported by a recent $1.8 million placement.

Sun Silver Limited reports a standout 7.8% antimony assay from re-assayed historic drill hole MR103 at its Maverick Springs Project, confirming significant critical mineral potential alongside its silver-gold resource in Nevada.

James Bay Minerals reports robust drill results with high-grade gold intercepts and a 184% landholding increase at its Independence Gold Project in Nevada, while advancing a Scoping Study for near-surface oxide gold development.

Ardiden Limited advances exploration at its Pickle Lake Gold Project in Northwest Ontario, focusing on high-potential prospects while maintaining a robust financial position with A$11.4 million in cash and no debt.

Rand Mining Ltd reports a solid increase in the East Kundana Joint Venture’s mineral resources and ore reserves for 2024, reflecting updated gold price assumptions and operational cost reviews.

Pure Resources Limited has advanced its Reedy Creek Garnet Project through a strategic alliance with SSH Group Ltd, alongside board changes and promising metallurgical results that underpin commercial potential.

Far Northern Resources has completed its first phase of drilling at the Bridge Creek project, confirming significant high-grade gold mineralization and preparing for an expanded second phase of exploration.

Volt Resources reports robust progress on its Alabama Graphite Refinery scoping study, strategic partnerships in Tanzania, and resilient production in Ukraine, positioning itself strongly amid evolving graphite market dynamics.