Latest Mining Approvals News

Kalamazoo Resources has released a compelling Scoping Study for its Mt Olympus Deposit within the Ashburton Gold Project, outlining a technically robust, high-margin gold operation with strong financial metrics and significant upside potential.

Santana Minerals has lodged a comprehensive Fast-track Approvals application for its Bendigo-Ophir Gold Project in New Zealand, aiming for development consents by the end of the 2026 financial year. The project promises significant economic and employment benefits for the Central Otago region.

Horseshoe Metals has secured mining approval for Direct Shipping Ore operations at its Horseshoe Lights project, complemented by promising drilling assays and strategic funding to accelerate development.

Brightstar Resources reports a record September quarter with strategic consolidation of the Sandstone region through Aurumin acquisition, a $50 million capital raise, and advancing key projects towards development.

Dome Gold Mines reports steady progress on its Sigatoka heavy mineral sands project despite delays in a government-led river desilting program, while exploring funding options for its Nadrau copper-gold project in Fiji.

Reach Resources has made significant progress at its Murchison South Gold Project, confirming high gold recovery rates and preparing for an extensive drilling campaign to upgrade resource confidence.

Magnetite Mines has made significant strides in developing its Razorback Iron Ore Project, securing $3.86 million in new funding and uncovering promising rare earth mineralisation at Ironback Hill. The company continues to navigate strategic partnerships and regulatory approvals to advance its long-life magnetite project.

Unico Silver has reported a transformative September quarter, highlighted by a 73% increase in its Cerro Leon Mineral Resource Estimate to 162 million ounces silver equivalent and the restart of a fully funded 30,000-metre drill campaign at Joaquin, backed by a $25 million equity placement.

Star Minerals has submitted key mining and environmental permits for its Tumblegum South Gold Project, backed by exceptional shallow gold drilling results and a $1.5 million capital raise. The company targets mining commencement in early 2026 amid robust project economics.

Genesis Resources advances its exploration portfolio with 100% ownership of the Plavica project in North Macedonia and completes follow-up drilling in Australia, awaiting assay results.

Star Minerals has raised $1.5 million through a share placement to fund critical drilling and mining approvals at its Tumblegum South Gold Project, aiming for production start in early 2026.

Dreadnought Resources has upgraded its scoping study for the Star of Mangaroon gold project, increasing the initial production target by 24% to approximately 24,700 ounces at 8.3 g/t gold, while halving the maximum cash drawdown to $5.4 million.