Latest Mine Operations News

FireFly Metals has successfully raised over C$30 million through a Canadian bought deal and approximately A$106.5 million via an Australian equity raise to fund key development and exploration at its Green Bay Copper-Gold Project in Newfoundland.

Dreadnought Resources has formalized a $10 million joint venture with Black Cat Syndicate to fund, develop, haul, and process ore from its Star of Mangaroon gold project, enabling near-term cashflow without upfront capital.

Black Bear Minerals reveals significant polymetallic potential in historic stockpiles at its Shafter Silver Project, with grab samples showing exceptional grades. The company plans extensive 2026 drilling and bulk sampling to unlock this overlooked resource.

Black Cat Syndicate has entered a joint venture with Dreadnought Resources to develop and process ore from the high-grade Star of Mangaroon deposit, aiming to boost production and operational flexibility at its Paulsens facility.

Terrain Minerals has successfully converted key tenements to a mining licence at its Smokebush Gold Project, setting the stage for a maiden JORC resource estimate targeted for mid-2026. A significant drilling campaign is underway, with results expected early next year.

WIN Metals has reported further high-grade gold intercepts at its Radio Gold Project in Western Australia, reinforcing the potential to expand its mineral resource and extend underground mining operations.

Thunderbird Resources has appointed Scott Funston as a Non-Executive Director, bringing over two decades of mining and financial expertise, while Robin Wilson steps down but remains a consultant.

Manuka Resources has signed a term sheet for a US$22.5 million loan facility to fund the restart of silver and gold production at its Wonawinta Silver Mine, targeting first production in Q2 2026. This financing complements a recent capital raise and aims to strengthen the company’s balance sheet ahead of production.

Auric Mining has reported strong financial and production results from its inaugural gold processing campaign at the Munda Starter Pit, generating A$16.85 million in sales and netting over A$10.8 million after costs. The company is gearing up for a second campaign in January 2026 as it advances plans for a major expansion.

Tempest Minerals has reported promising gold assay results from its latest drilling at the Range Gold Project near Mt Magnet, confirming mineralisation continuity over a significant strike length.

Western Mines Group has announced a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, revealing a globally significant resource of 5.3 million tonnes of contained nickel. This positions the company as a key player in the future supply of critical battery metals.

Aurum Resources has sold nearly 2.9 million Montage Gold shares for about A$23 million, doubling its initial investment and boosting its cash reserves to around A$40 million. This financial boost supports ongoing exploration and development at its key Côte d'Ivoire gold projects.