Latest Mine Restart News

Manuka Resources has initiated a significant drilling campaign at Mt Boppy targeting deep gold extensions and new discoveries, while advancing its Pipeline Ridge shallow gold exploration. The company also remains on track to restart silver production at Wonawinta in Q2 2026.

Westgold Resources is set to demerge its non-core Reedy and Comet gold projects into a new ASX-listed entity, Valiant Gold, aiming to unlock value and fast-track cash flow through a strategic ore purchase agreement.

WIN Metals has reported outstanding shallow high-grade gold intercepts at its Repeater Prospect within the Radio Gold Project, confirming deeper mineralisation and reinforcing near-term development potential.

WIN Metals has reported further high-grade gold intercepts at its Radio Gold Project in Western Australia, reinforcing the potential to expand its mineral resource and extend underground mining operations.

Manuka Resources has signed a term sheet for a US$22.5 million loan facility to fund the restart of silver and gold production at its Wonawinta Silver Mine, targeting first production in Q2 2026. This financing complements a recent capital raise and aims to strengthen the company’s balance sheet ahead of production.

Variscan Mines Limited is advancing its high-grade zinc projects in Spain with a near-term production target and strategic expansion into Ireland, supported by strong drilling results and favorable market conditions.

Kaiser Reef Limited is set to commence a substantial drilling program at its Union Hill waste dumps within the Maldon Gold Project, aiming to unlock significant low-grade gold resources and support ongoing processing operations.

Revolver Resources has upgraded its Dianne Copper Deposit resource with a 140% increase in Indicated material and a 26% rise in copper grade, setting the stage for a targeted mining restart in 2026.

Horizon Gold Limited has reaffirmed the strength of its Gum Creek Gold Project, boasting a 2.3 million ounce resource and progressing steadily towards a feasibility study completion in early 2026. The project’s strategic location and existing infrastructure underpin a rapid restart potential.

Manuka Resources has revised its exploration target disclosures to comply with JORC standards and announced an accelerated gold drilling program targeting extensions at Mt Boppy and shallow mineralisation at Pipeline Ridge, with results expected early 2026.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Tolu Minerals has appointed Dr Chris Muller as Managing Director and CEO, signaling a strategic push towards ramped-up exploration and resource development in Papua New Guinea.