Latest Mining And Production News

Genmin has drawn strong international interest to finance its Baniaka iron ore project in Gabon, with proposals ranging from joint ventures to prepayment facilities. The Gabonese government backs the project as a national priority, aiming for a final investment decision by mid-2026.

Lotus Resources has disclosed operational challenges at its Kayelekera uranium mine, revising production figures downward and delaying steady-state output to the third quarter of 2026.

Pantoro Gold has identified a substantial high-grade gold zone at its Racetrack Target, adjacent to the OK Underground Mine, promising to boost production capacity at Norseman.

Canyon Resources boosts its control over Cameroon's key rail and port infrastructure with a significant stake increase in Camrail and a strategic investment in the Port of Douala, setting the stage for the Minim Martap bauxite project’s first shipment in late Q3 2026.

Catalyst Metals continues to expand the Trident underground gold deposit with drilling results that extend mineralisation beyond current resources, underpinning a decade-long mine plan at 60,000 ounces per annum.

Avira Resources has cleared all major regulatory and heritage hurdles to kick off a 4,500-metre RC drilling campaign at its high-grade Mt Cattlin Gold Project, aiming for a maiden resource estimate by year-end.

Sunstone Metals has extended gold-copper mineralisation at its Bramaderos project in Ecuador, with recent drill holes intersecting significant widths that support upgrading a large exploration target into resources.

Terra Metals has unveiled a significant platinum group metal sulfide system at its Southwest Prospect within the Dante Project, backed by robust assay results and a strong cash position following a recent $85 million capital raise.

Yugo Metals (ASX:YUG) secured government approval for its Petrovo tenement in Bosnia, while initial drilling at Sinjakovo’s Kovacevac and Erak prospects delivered promising polymetallic results. The company also appointed Petar Tomašević as permanent CEO, positioning itself for further exploration progress.

Lake Resources made solid progress on the Exploitation Environmental Impact Assessment for its Kachi Lithium Brine Project, targeting approval in Q3 2026, while maintaining strong liquidity and strategic partnerships.

Aurelia Metals reported a strong March quarter with gold production rising to 13koz, upgraded FY26 guidance, and a new A$150 million financing deal that unlocks restricted cash and strengthens liquidity.

Sentinel Metals is poised to launch its maiden drilling campaign at the Columbia Gold-Silver Project in Montana, pending final regulatory approval. The company also bolsters its local engagement with a strategic executive hire and advances environmental studies.