Latest Mine Planning News

29Metals Limited reports promising high-grade copper and zinc intercepts from its 2025 drilling program at Golden Grove, signalling potential mine life extensions and enhanced operational flexibility.

Magnetic Resources NL has updated its Mineral Resource Estimate for the Lady Julie Gold Project, now exceeding 2.24 million ounces of gold with a strong majority classified as Indicated. The LJN4 deposit alone tops 2 million ounces, positioning the project for imminent development.

Lunnon Metals has approved the Final Investment Decision for its Lady Herial gold project, paving the way for mining to commence following a strong feasibility study and unconditional ore purchase agreement.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Austral Resources Australia Ltd has agreed to acquire the Lady Loretta mine from Glencore for A$45.5 million, consolidating its copper assets near the Lady Annie Copper Mine and boosting its processing feedstock. This strategic move strengthens Austral’s balance sheet and advances its vision to become a mid-tier copper producer in Queensland.

Ausgold Limited has delivered an updated Definitive Feasibility Study for its Katanning Gold Project, revealing increased gold production and enhanced financial returns, supported by a $90 million capital raise to accelerate development.

Critical Metals Corp reports robust 2025 drilling results at the Tanbreez Rare Earths Project, confirming consistent high-grade rare earth mineralisation with strategic metals. These findings underpin plans for resource growth and mine development.

Lunnon Metals and St Ives Gold Mining have finalized the mine schedule for Lady Herial, making their Ore Purchase Agreement unconditional and setting the stage for mining to begin.

High-Tech Metals has resumed its second phase of drilling at the Wagtail Gold Deposit, following promising initial assay results that confirm shallow, high-grade gold mineralisation. The ongoing program aims to refine resource confidence and support near-term development plans.

Boab Metals is set to accelerate construction at its fully funded Sorby Hills Silver-Lead Project in 2026, capitalising on silver prices currently three times higher than previous assumptions. The company aims for first concentrate production by mid-2027, supported by strategic drilling and corporate milestones.

Neometals has reported significant gold assay results from its recent drilling at the Ironclad deposit and Mystery gold mine within the Barrambie Gold Project, reinforcing the potential for high-grade mineralisation and advancing plans for resource updates and mine development.

Rand Mining reports completion of over 5,200 metres of diamond drilling at East Kundana Joint Venture, revealing promising assay results from Sadler and Golden Hind deposits without altering current resource estimates.