Latest Mine Planning News

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

DPM Metals has extended the life of its Chelopech mine in Bulgaria to 2036, supported by a 42% increase in mineral reserves and promising new discoveries. The updated life of mine plan forecasts sustained production of around 160,000 gold equivalent ounces annually.

Brightstar Resources has reported impressive high-grade gold assay results from its 2025 drilling campaign at the Sandstone Hub, setting the stage for a significant Mineral Resource upgrade and Pre-Feasibility Study later this year.

Orbminco Limited reports promising interim infill drilling results at its Majestic North Gold Project, confirming high-grade shallow gold zones and potential southern extensions. The company also secures $5 million in a two-tranche placement to accelerate resource delineation and development.

Larvotto Resources continues to deliver robust drilling results at its Freehold prospect, revealing significant gold, antimony, and tungsten mineralisation that bolsters the Hillgrove Project’s growth outlook.

Tivan Limited has upgraded its Speewah Fluorite Project resource, confirming it as one of the world’s largest high-grade fluorite deposits with significant growth potential. The update supports imminent feasibility study milestones and further drilling plans.

5E Advanced Materials has successfully closed an oversubscribed US$36 million public offering, positioning itself to advance its boron operations and finalise key commercial contracts.

Carnavale Resources has launched a comprehensive Bankable Feasibility Study drilling program at its Kookynie Gold Project, aiming to deliver a shovel-ready, high-grade open pit mining scenario by Q3 2026.

Verity Resources is raising approximately $2 million through a non-renounceable entitlement offer to advance its Monument Gold and Botswana copper-silver projects, with directors backing the move through participation and underwriting.

Theta Gold Mines Limited has released a Revised Feasibility Study for its TGME Gold Mine Project in South Africa, projecting robust economics with a 13.1-year mine life and first gold production slated for early 2027.

5E Advanced Materials is raising up to $36 million through a stock offering to fund the development of its Fort Cady boron and lithium project in California. The capital raise comes amid ongoing concerns about the company’s ability to continue as a going concern without further financing.

MC Mining has announced a temporary suspension of operations at Uitkomst Colliery starting March 2026, aiming to curb ongoing losses while preserving the asset's future potential.