Latest Mineral Reserves News

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.

Patagonia Lithium Limited has announced a substantial 319% increase in its lithium mineral resource at its Formentera/Cilon project, alongside plans for further drilling and geophysical surveys to bolster resource confidence.

Fitzroy River Corporation reported steady royalty income for the June quarter and highlighted significant progress on several royalty projects, including government approvals for Buru Energy’s Rafael Gas Project and a major equity raise for Endura Mining’s Snowy River Gold development.

Magnum Mining & Exploration is advancing its strategic critical minerals projects with a focus on U.S. production and high-grade rare earth exploration in Brazil, backed by recent capital raising and government-aligned permitting efforts.

PMET Resources has completed a positive lithium-only feasibility study for its Shaakichiuwaanaan Project in Quebec, confirming technical and economic viability for a large-scale spodumene concentrate operation with a targeted final investment decision in 2027.

Axel REE Limited has secured three new exploration licences adjacent to its Caladão Project in Brazil, launching a drilling campaign aimed at expanding its rare earth elements and gallium resources.

Power Minerals Limited (PNN) has been invited to brief the Australian Ambassador to the US on its strategic Gamma Heavy Rare Earths Project in California, underscoring the project's growing importance in Australia-US critical minerals cooperation ahead of the Prime Minister's meeting with President Trump.

Robex Resources has commenced mining at its Kiniero Gold Project in Guinea, maintaining its schedule and budget to achieve first gold production by the fourth quarter of 2025.

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Vault Minerals reports a 31% increase in gold Ore Reserves to 4 million ounces and a 3% rise in Mineral Resources to 12.2 million ounces as of June 2025, driven by strong growth at Leonora, Sugar Zone, and Mount Monger.