Latest Mine Restart News

Broken Hill Mines reports impressive high-grade silver, lead, zinc, gold, and copper intercepts from its FY26 drilling at Pinnacles Mine, setting the stage for a resource upgrade and potential mine restart.

Tolu Minerals announces a leadership change with Dr Chris Muller stepping in as CEO to guide the company through a pivotal phase of exploration and production at the Tolukuma Gold Mine.

Ballymore Resources reports standout high-grade gold, silver, and copper results from its latest drilling at the Dittmer Gold Project, reinforcing confidence in the Duffer Lode’s continuity and prompting plans to extend underground exploration.

Variscan Mines has acquired extensive historic drilling data over newly granted licences in northern Spain, revealing significant high-grade zinc and lead mineralisation and unlocking a district-scale exploration opportunity.

EV Resources has raised up to A$5.5 million through a share placement to accelerate development of its Los Lirios and Dollar Antimony Projects, backed by a strategic partnership with Locksley Resources.

Variscan Mines has secured official approval of its Restoration Plan for the Novales-Udias Zinc Project in northern Spain, unlocking the path to mine production restart and extensive exploration drilling.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.

OM Holdings reported a significant turnaround to a US$9.6 million loss in H1 2025 despite stable revenue, driven by weaker alloy prices and operational challenges. The company also announced a conditional sale of its 13% stake in the Tshipi Borwa Manganese Mine.

Savannah Goldfields Limited has announced a $15 million equity raising through a placement and conditional placement, offering free attaching options subject to shareholder approval. The capital raise aims to strengthen the company’s financial position and support its operational restart plans.

Savannah Goldfields has announced a $15 million placement to strengthen its balance sheet, repay debt, and fund a restart of gold production alongside an ambitious drilling program targeting resource extensions.

Andean Silver Limited has announced the discovery of multiple high-grade silver-gold veins just 1km from its Cerro Bayo processing mill in Chile, setting the stage for a significant resource expansion and advancing plans for a mining restart.

Variscan Mines has successfully raised A$2.5 million through a two-tranche placement to advance its high-grade zinc projects in Spain and pursue a strategic earn-in on promising zinc assets in Ireland.