Latest Mine Planning News

Hot Chili has reported a 398-metre copper-gold intersection from surface at its La Verde discovery in Chile, including 62 metres at 0.91% CuEq. The results extend the case for a higher-grade starter pit, but the project remains an exploration discovery with no Mineral Resource declared.

Legacy Minerals is progressing an optimised scoping study at its Mt Carrington project, leveraging a 39% increase in resource tonnes and a 69% jump in indicated resources. Results are expected in December 2026, aiming to assess the economics of a larger-scale operation.

Tungsten Mining NL’s Pre-Feasibility Study confirms Mt Mulgine as a world-scale tungsten project, targeting first production in mid-2029 with robust economics and low operating costs.

Redcastle Resources has reported robust new gold assay results from its Queen Alexandra grade-control drilling, reinforcing the deposit's potential and underpinning plans for pit expansion into a newly granted mining lease.

Larvotto Resources has delivered strong assay results from Clarks Gully drilling, revealing multiple high-grade gold-antimony-tungsten zones and expanding the deposit's footprint at depth and southwards.

Polymetals Resources has boosted the Endeavor Mine’s Mineral Resource to 20.7 million tonnes, adding 1.3 Mt of high-grade sulphide mineralisation in the Upper Main Lode despite ongoing depletion and a more conservative density model.

Native Mineral Resources (ASX:NMR) has reported robust initial assay results from its North Pit drilling at Blackjack, Queensland, highlighting significant gold mineralisation with broad high-grade intervals.

Tolu Minerals has locked in a K95 million (approx. A$30 million) debt facility from a Papua New Guinea bank, complementing its A$50 million cash reserves to fully fund the restart of its Tolukuma Gold Mine. Production is targeted for the first quarter of 2027, with an updated Mineral Resource Estimate due imminently.

Elevra Lithium's Pre-Feasibility Study for the North American Lithium (NAL) brownfield expansion in Québec outlines a staged growth plan nearly doubling spodumene concentrate production to 373 ktpa by 2029, reducing unit costs and delivering a post-tax NPV of C$3.2 billion.

Brightstar Resources has unveiled spectacular high-grade gold intercepts at its Bull Oak deposit, including a standout 7 metres at 119g/t Au, as it ramps up efforts for a Pre-Feasibility Study on its Sandstone Gold Project.

Star Minerals has transitioned from explorer to producer with mining underway at its Tumblegum South Gold Project and anticipates first gold revenue in the December quarter of 2026.

Magnetite Mines has unveiled a revamped scoping study for its Razorback Iron Ore Project, introducing key design changes to reduce capital costs and boost project viability. The company is also actively pursuing funding options including royalty arrangements and strategic partnerships.