Latest Mine Operations News

FireFly Metals has raised approximately A$139 million to accelerate exploration and development at its Green Bay Copper-Gold Project in Canada, setting the stage for a major resource expansion and a Final Investment Decision in 2026.

Prospect Resources has revealed promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting new high-grade copper mineralisation zones and setting the stage for updated resource estimates in early 2026.

Aguia Resources is advancing steadily towards mining commencement at its Três Estradas phosphate project in Brazil, with key infrastructure completed and sales agreements signed for its PAMPAFOS™ fertilizer product.

Cavalier Resources reports significant high-grade gold intercepts from recent drilling at its Crawford Gold Project, reinforcing the potential for expanded mining operations. A revised Pre-Feasibility Study highlights robust economics underpinning the project’s next development phase.

Ariana Resources has successfully completed its first gold-silver doré pour at the Tavşan Mine in Türkiye, signaling the start of heap-leach production and a ramp-up toward steady-state output by mid-2026.

Lefroy Exploration has officially started mining operations at its Lucky Strike Gold Deposit near Kalgoorlie, with first ore expected by late December and gold production targeted for March 2026.

BMG Resources has completed a $2.5 million capital raise to fund major drilling campaigns at its Abercromby and Bullabulling West gold projects in Western Australia, positioning the company for potential resource expansion.

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

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.