Latest Mining Agreements News

Odyssey Gold’s Stage 1 Scoping Study for Tuckanarra outlines a low-capital, near-term production of 79,000 ounces of gold, backed by a toll milling agreement at Kirkalocka and an updated resource base of 451,000 ounces.

Cavalier Resources has lifted the net present value of its Crawford Gold Project by 50%, securing a $23 million financing package and advancing pre-production activities as it moves closer to development.

Orpheus Uranium is gearing up for its first drilling program at the Frome Project while expanding its foothold in South Australia and Western Australia, supported by a solid $6 million cash position.

Reach Resources has locked in a fully funded mining and milling agreement with Andel Resources at Murchison South, alongside a 30% increase in its Blue Heaven gold resource to 80,000 ounces at higher grade.

Victory Metals has delivered a major processing breakthrough with a 59-fold upgrade to a 7.1% Total Rare Earth Oxide concentrate from its North Stanmore project, backed by strategic partnerships and government funding.

Investigator Silver has moved the Paris Silver Project decisively from study to execution, bolstered by a strong cash position and key executive hires to drive development and financing.

Syrah Resources moderated graphite output amid subdued ex-China demand, raised US$72 million to support ramp-up, and advanced Vidalia anode material towards commercial sales in H2 2026.

TG Metals has struck a non-binding agreement with Medallion Metals to process 60,000 tonnes of gold-bearing stockpiles from Van Uden, unlocking a near-term revenue stream while advancing onsite heap leach development.

Everest Metals has obtained a critical mining lease for its Revere Gold Project in WA, marking a major step from exploration to development with a 260,780-ounce maiden resource and ongoing approvals.

Resources & Energy Group Limited (ASX:REZ) has formalised a joint venture with Rembrandt Mining to commence gold production at its Maranoa deposit, with Rembrandt funding all capital expenditure and REZ retaining full ownership and legal operator status.

Great Boulder Resources has kicked off a substantial drilling campaign at its newly acquired Peak Hill Gold Project, aiming to grow and upgrade the 481,000oz gold resource ahead of a resource update in late 2026.

Aureka Limited has secured a three-year, project-agnostic toll milling agreement with the Wedderburn Gold Processing Mill, positioning its Comstock Gold & Silver Project for early production and exploring processing options for its flagship Irvine Gold Project.