Latest Mine Planning News

Energy Transition Minerals Ltd (ETM) has won the bid for the Penouta mine in Spain, the EU’s sole tin-tantalum-niobium producer, raising A$10 million to support the acquisition and development amid regulatory hurdles.

Manuka Resources has confirmed a maiden Probable Ore Reserve of 290,000 tonnes at 4.2g/t gold for its Mt Boppy Open Pit, adding approximately 39,000 ounces to its Cobar Basin production plan. The project delivers a robust pre-tax NPV8 of A$43.2 million and an IRR of 64%, with ore to be processed at the existing Wonawinta plant.

Silver Mines Limited has raised $33 million through a $30 million placement and a $3 million share purchase plan, bolstering its development and exploration ambitions in Australia and the US.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Rumble Resources has unveiled multiple high-grade tungsten intersections at its Western Queen Project, with a maiden tungsten resource estimate expected soon. This discovery complements an already significant gold resource, positioning the project as a critical minerals hotspot amid tightening global tungsten supply.

Black Cat Syndicate’s recent shallow drilling at Fingals delivers impressive high-grade gold intercepts, reinforcing the deposit’s role as a cornerstone for Kal East’s production growth. The results underpin ongoing mining ramp-up and future underground development plans.

Horizon Minerals has executed a binding agreement to acquire the Gordons Dam and adjacent gold projects near its Black Swan processing plant, adding an inferred resource of 20,000 ounces and promising exploration upside.

Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.

Javelin Minerals has announced a significant 15% increase in recoverable gold ounces at its Eureka Gold Project, alongside a 32% rise in grade, setting the stage for enhanced production and cashflow in 2026.

Catalyst Metals has significantly upgraded its Trident underground gold resource, doubling indicated ounces and setting a clear path toward doubling annual production to 200,000 ounces. This milestone underscores the company’s strategic progress in the Plutonic Gold Belt.

Lake Resources has updated its lithium ore reserve for the Kachi Project in Argentina, unveiling an optimized mine plan that boosts lithium grades and recovery while cutting costs and environmental impact.

WA1 Resources has successfully produced high-purity niobium oxide and ferroniobium from its Luni Niobium Project, highlighting the asset's potential to supply critical materials for aerospace, defence, and emerging battery markets.