Latest Mining And Processing News

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.

Neometals has completed the sale of its lithium-ion battery recycling business, securing over A$10 million in cash and refocusing on its core mining and processing projects.

Locksley Resources has significantly expanded its footprint in California's Mojave Critical Minerals Hub by staking 249 new claims adjacent to the Mountain Pass Rare Earth Mine, positioning itself strongly within the U.S. critical minerals supply chain.

Core Lithium has significantly increased its Ore Reserve Estimate at the Finniss Lithium Project, with the Carlton deposit upgrade driving a 42% rise in total reserves. This milestone strengthens the project's restart schedule and expansion potential.

Ora Banda Mining's latest drilling at Sand King Underground reveals significant high-grade gold mineralisation 300 metres beyond current life of mine plans, expanding the resource footprint and boosting production potential.

PolarX has raised $5 million through a share placement to ramp up exploration at its Humboldt Range Gold Project in Nevada, complementing a major joint venture with Northern Star Resources in Alaska.

Victory Metals has identified multiple ultra-high heavy rare earth oxide zones at its North Stanmore project, positioning it as a key future supplier amid soaring global prices. The company plans a major drilling campaign to expand these valuable zones while reducing processing volumes and costs.

Platina Resources has acquired a 100% interest in the Mt McKenna Gold Project in Western Australia’s Laverton district, a region known for multi-million-ounce deposits. Early exploration results and strategic location near major mines set the stage for an aggressive drilling campaign.

Octava Minerals has launched on-ground exploration at its Federation copper-zinc-silver-tin project in Western Tasmania, focusing on the historically promising Sweeney’s prospect. The company aims to leverage modern techniques to unlock the potential of mineralisation untouched since the 1980s.

Dreadnought Resources has reported outstanding high-grade gold intercepts from recent infill drilling at the Star of Mangaroon, poised to significantly enhance the project’s resource and economics. With further assays pending and a new drilling campaign imminent, the Mangaroon Gold Project is gaining momentum.

Cyclone Metals has launched a comprehensive Pre-Feasibility Study for its Iron Bear iron ore project in Canada, aiming to refine development plans and attract global steel market demand.

PT Aneka Tambang Tbk (ANTAM) reported a remarkable 240% surge in net profit for the half year ended June 30, 2025, driven by robust gold and nickel sales amid a challenging mining sector.