Latest Mineral Reserves News

Austral Gold has inked major mining service agreements to advance open pit operations at its Casposo Mine, aligning with its 2026 production targets. Early production is on track, underpinning confidence in the company’s growth trajectory.

DPM Metals has released a robust feasibility study for its Čoka Rakita gold project in Serbia, confirming strong economics with a $782 million net present value and a 36% internal rate of return at $1,900 per ounce gold. The study highlights increased reserves, low costs, and a clear path to production by 2029.

Brightstar Resources outlines a bold growth strategy targeting over 200,000 ounces of annual gold production by 2029, leveraging its Western Australian assets and aggressive drilling programs. The company’s recent feasibility studies and acquisitions position it as a rising gold producer in the region.

Elevra Lithium reports a 31% surge in spodumene concentrate production for FY25, alongside significant resource expansions and a clear growth roadmap post-merger.

DPM Metals has announced a significant discovery of high-grade gold equivalent mineralization nearly 300 metres below the Chelopech mine, revealing promising potential to extend the mine’s life and value. The company plans a substantial drilling campaign to further delineate this new zone.

5E Advanced Materials has announced a significant upgrade to its Fort Cady Project, increasing measured and indicated borate resources by 61% and lithium resources by 54%, positioning it as a leading domestic supplier of critical minerals.

5E Advanced Materials has announced a significant upgrade to its Fort Cady Project’s mineral resources, increasing measured and indicated boric acid resources by 61% and lithium carbonate equivalent by 54%, reinforcing its position as a key domestic supplier of critical minerals.

Ballard Mining reports strong progress on its Phase 1 infill drilling at the Baldock gold deposit, confirming high-grade gold intersections and advancing towards a maiden Ore Reserve by mid-2026.

Sarama Resources Ltd reported a $1.9 million loss for the first nine months of 2025 while securing A$2.7 million in equity funding and advancing a $242 million arbitration claim against Burkina Faso over mining permit expropriation.

Predictive Discovery Limited’s definitive feasibility study for the Bankan Gold Project in Guinea reveals a substantial 2.95 million ounce gold reserve and strong project economics, supported by comprehensive environmental and social approvals.

Besra Gold Inc reveals significant challenges at its Bau Gold Project, including mining lease renewal uncertainty and a reduction in measured gold resources, prompting a strategic pivot to government and community engagement before advancing development.

PMET Resources reports a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, revealing a maiden mineral reserve and advancing environmental and exploration milestones.