Latest Mine Planning News

Carnaby Resources has made significant strides at its Greater Duchess Copper Gold Project, delivering a robust Pre-Feasibility Study and consolidating ownership, before agreeing to a $213 million acquisition by Evolution Mining offering shareholders a 60% premium.

Citigold and Native Mineral Resources have partnered to explore and potentially mine four tenements near Charters Towers, with Native taking operational control of exploration and possible mining.

Native Mineral Resources (ASX:NMR) has secured exclusive rights to explore and potentially mine four tenements near its Blackjack operation through a joint venture with Citigold (ASX:CTO). The staged agreement allows NMR to assess mineralisation before deciding on mining, with cost recovery and profit sharing structured to align both parties.

True North Copper is expanding its Mt Oxide copper district with the Aquila-Chidna discovery now stretching over 2.3km, while progressing a prefeasibility study at Cloncurry due late 2026.

Santana Minerals has reported further high-grade gold intercepts from infill drilling at its Rise and Shine South deposit, enhancing the size and grade consistency of the high-grade core and revealing promising deeper mineralisation.

AusQuest’s latest diamond drilling at the Cangallo project in Peru pushes copper mineralisation down to at least 800 metres and reveals multiple higher-grade zones, reinforcing the scale of this emerging porphyry system.

Fenix Resources has announced a maiden Ore Reserve of 26.9 million tonnes at 60.0% iron for its Beebyn Hub, combining the updated Beebyn-W11 and new Beebyn-W10 Stage 1 mines. This reserve underpins the company’s plan to ramp production to 6 million tonnes per annum by FY28 and secures over five years of mine life at current rates.

Vault Minerals has reported a 9% increase in its 2026 Ore Reserves to 3.9 million ounces of gold, driven by notable gains at its Leonora and Deflector operations, underpinning a robust production outlook through FY29.

Maritana Minerals is intensifying drilling across its Western Australian projects, aiming to upgrade resources and support a mid-2027 mining restart at Boorara and first gold processing at the Black Swan Processing Hub.

Freehill Mining navigates severe weather disruptions in Chile's Coquimbo region with steady aggregates sales and advances copper expansion plans, leveraging legislative changes to boost production capacity.

Vertex Minerals has revised the Reward Gold Mine resource to 146,900 ounces at 16.68 g/t gold, boosting the Indicated grade by 36% to 21.17 g/t. The update refines geological confidence and outlines three priority underground drilling targets ahead of planned 2027 operations.

Valiant Gold is fast-tracking the restart of its Comet Gold Mine in Western Australia, securing major infrastructure contracts and advancing technical studies to target production resumption by Q2 FY27.