Latest Mining Agreements News

Everest Metals Corporation Ltd reported a cautious quarterly cash flow with net outflows from operations and investing, while securing a significant $18.6 million financing facility for its Mt Dimer project development.

Everest Metals has begun mining at its Mt Dimer Taipan Gold Project and reported strong drilling results at its Mt Edon Critical Minerals Project, advancing its position in gold and strategic minerals.

Javelin Minerals is advancing towards gold production at its Eureka Gold Project in Western Australia, targeting a June 2026 start under a new partnership with MEGA Resources. The company also identifies promising exploration targets at Coogee and maintains a solid cash position to support development.

Gibb River Diamonds reports completion of ore processing at Three Mile Hill and ongoing operations at Lakewood, recovering significant gold ounces and generating early revenue. Mining challenges at Neta Pit have impacted grades but are partly offset by increased tonnage and gold prices.

Star Minerals has received mining approval for its Tumblegum South Gold Project and commenced grade control drilling, setting the stage for production in early 2026 amid rising gold prices.

Hawthorn Resources has released an updated Mineral Resource Estimate for its Anglo Saxon Gold Project in Western Australia, reinforcing the project's potential for open pit mining amid record gold prices. The new data brings the project closer to production with significant ounces confirmed.

Nelson Resources has appointed Australian Surface Drillers to execute an 11,544m drilling program at the Yarri Gold Project, fully funded by MEGA Resources under a $10 million agreement. The first phase targets high-priority zones with results expected soon.

GoldArc Resources has consolidated 100% ownership of the Mt Stirling gold deposit and activated a $2.5 million funding facility, kickstarting a diamond drilling program to advance mining plans.

High-Tech Metals has resumed its second phase of drilling at the Wagtail Gold Deposit, following promising initial assay results that confirm shallow, high-grade gold mineralisation. The ongoing program aims to refine resource confidence and support near-term development plans.

High-Tech Metals Ltd’s latest drilling at the Wagtail gold deposit delivers exceptional high-grade results, including a standout 1m intercept grading 171.35 g/t Au, reinforcing the deposit’s production potential. Ongoing drilling and development studies signal momentum towards near-term mining.

Everest Metals Corporation has officially commenced mining operations at its Mt Dimer Taipan Gold Project in Western Australia, backed by a fully funded agreement with MEGA Resources. Ore extraction is underway with processing set to begin in March 2026, positioning the company for near-term cash flow.

Lefroy Exploration Limited has confirmed significant high-grade gold mineralisation at its Burns Gold Deposit through recent diamond and reverse circulation drilling, reinforcing the deposit's development potential within its Lefroy Gold Project.