Latest Mineral Resources And Reserves News

Dundee Precious Metals Inc. has completed its acquisition of Adriatic Metals Plc through a UK scheme of arrangement, gaining control of the Vareš Silver Operation. The deal, valued at approximately USD 1.3 billion, offers Adriatic shareholders a mix of cash and new DPM shares, underpinned by a detailed technical valuation.

Brockman Mining reported a HK$34.6 million loss for FY2025 driven by exploration costs, while progressing key studies and approvals for its flagship Marillana iron ore project in Western Australia. The Group faces liquidity pressures but has secured shareholder loans to support ongoing development.

Sarytogan Graphite Limited has launched an 1,800m drilling campaign at its Baynazar copper project in Kazakhstan, extending promising trench intercepts and securing additional ground. Concurrently, the company progresses funding and feasibility studies for its flagship graphite asset.

Paladin Energy Ltd has launched a significant A$300 million underwritten equity raising to advance its Patterson Lake South uranium project and support the ramp-up of its Langer Heinrich Mine, reinforcing its position in the global uranium market.

Elevra Lithium finalizes merger of Piedmont and Sayona, creating North America’s largest hard-rock lithium producer with a combined resource base of 229Mt. The company outlines ambitious growth plans, operational efficiencies, and a strengthened financial position to capitalize on rising lithium demand.

St Barbara Limited reveals strategic progress on its Simberi Sulphide Expansion and Atlantic Projects, underpinning a robust production outlook and advancing key regulatory approvals.

Ora Banda Mining Limited reports a 24% increase in Ore Reserves and a Mineral Resource growth to 2.11 million ounces at its Davyhurst Gold Project, setting the stage for an ambitious $73 million exploration program in FY26.

Catalyst Metals Limited has doubled its gold reserves to 1.5 million ounces as of June 2025, setting the stage to ramp up production to 200,000 ounces per year over the next decade.

Black Cat Syndicate has integrated strong grade-control drilling results from its Fingals deposit into mine plans, with mining set to begin late September 2025. Concurrently, the Lakewood processing plant is undergoing key upgrades to support ongoing production.

Brightstar Resources Limited has consolidated its position as a leading Western Australian gold developer through the strategic acquisition of Aurumin Ltd, expanding its resource base and setting ambitious production targets. The company aims to ramp up production from current levels to 200,000 ounces annually by 2029, backed by robust feasibility studies and a multi-hub development strategy.

29Metals Limited reports promising high-grade copper and zinc drill results from its 2025 exploration program at Golden Grove, highlighting potential mine life extensions and resource growth opportunities.

Ariana Resources plc is set to raise up to A$15 million through a dual listing on the ASX, aiming to accelerate development at its flagship Dokwe Gold Project in Zimbabwe and repay existing debt. The capital raising also supports ongoing operations and exploration across its diverse portfolio in Türkiye, Kosovo, and Cyprus.