Latest Mine Planning News

Hot Chili has reported broad, shallow copper-gold intersections at La Verde, including 188 metres at 0.56% CuEq and 240 metres at 0.43% CuEq. The results strengthen the geological case for a near-surface mining zone, but the discovery still has no Mineral Resource and 25 drillholes await assays.

PC Gold will acquire the last third-party mining leases inside its Spring Hill development area, adding a water licence and operating rights for A$6.5 million. The deal could simplify mine planning and approvals, but still requires Northern Territory ministerial approval and does not add a reported resource.

West African Resources produced a record 127,950 ounces of gold in the September quarter, keeping its 2026 guidance within reach. Strong output at Kiaka offset weaker Sanbrado production, although explosives permitting remains an unresolved operational constraint.

Gold Fields’ proposed acquisition of BHP’s Kambalda Nickel Concentrator could give Lunnon Metals a new processing angle for its nearby Foster-Baker nickel assets. The opportunity remains exploratory, with completion not expected until 2027 and no commercial arrangement disclosed.

TerraCom’s audited FY2026 results turned a previously reported A$45.6 million loss into a A$155.5 million statutory loss after A$103.5 million of non-cash impairments. The auditor highlighted material uncertainty over the company’s ability to continue as a going concern as Blair Athol remains below plan and new funding is not yet fully secured.

Stellar Resources has intersected high-grade tin 150 metres north of its Severn resource, strengthening the geological case for a connection with the Montana deposit. Follow-up drilling is underway, but any resource or production uplift remains unconfirmed.

Kingsgate Consolidated has converted a full year of Chatree mining into record financial results, with revenue up 77% and net profit reaching A$277.9 million. The balance sheet is stronger, dividends have returned and Nueva Esperanza is moving towards a feasibility decision, but higher waste movement and project execution now replace the turnaround story.

Ordell Minerals says new assays confirm wide, shallow gold mineralisation across about 400 metres at McNabs East, with the mineralised zone remaining open. The results are intended to support a maiden Mineral Resource Estimate targeted for the December 2026 quarter, although the resource and any mining decision remain outstanding.

Forrestania Resources has outlined a maiden 223,300-ounce JORC Mineral Resource at Tampia, a previously mined deposit positioned 140km from the Edna May processing plant. The estimate gives the newly acquired Westonia Hub another potential ore source, but relies on an AUD 6,000/oz gold price assumption and includes 104,800 ounces classified as Inferred.

Rox Resources has begun planning production stopes at Youanmi’s United North deposit after drilling extended the mine plan by about 125 metres. New results include 12.10 metres at 13.36g/t gold and 7.54 metres at 11.95g/t.

An independent transport study has found Alurion Resources’ Amargosa bauxite project can use established road routes for assessed haulage volumes up to 11.5 wet million tonnes a year, twice its Scoping Study base case. The result gives the project’s pre-feasibility study a firmer logistics foundation, although it does not establish a larger production target or guarantee port access.

Rumble Resources has delivered key dewatering equipment to Western Queen and submitted the notification needed to begin pumping, while its updated mine study moves into October. The project still depends on one major approval, financing terms and favourable feasibility results before a decision to mine.