Latest Mining Approvals News

Verity Resources awaits Botswana Department of Mines approval to launch near-surface exploration on its extensive critical metals portfolio, targeting high-grade copper-silver and nickel-copper-PGE mineralisation with promising historical results and district-scale potential.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

Redcastle Resources has secured A$2 million through a discounted share placement aimed at accelerating exploration and advancing its development projects across its Eastern Goldfields portfolio.

Wia Gold has raised A$92 million through a heavily supported placement to accelerate development of its Kokoseb Gold Project in Namibia, underpinning progress towards a Definitive Feasibility Study due later this year.

Everest Metals Corporation (ASX: EMC) has upgraded its Mt Edon Critical Minerals Project resource to 4.3 million tonnes at 0.23% Rb2O, enhancing grade, tonnage, and confidence ahead of a mining proposal submission expected to gain approval by late 2026.

Reach Resources has locked in a binding option with Andel Resources that fully funds mining and processing at Murchison South, with a profit-sharing model and a strategic equity investment.

Classic Minerals has restated its 80% beneficial interest in the Forrestania Gold Project, emphasizing that recent acquisitions by Forrestania Resources do not affect its rights, which remain protected amid ongoing Supreme Court litigation.

Santana Minerals has corrected its timeline for settling the purchase of 3,680 hectares for its Bendigo-Ophir Project, extending the deadline to the earlier of mid-2030 or 12 months after mining consents are granted.

Norwest Minerals reports strong metallurgical results from Bulgera, with gold recoveries up to 92% on coarse crushed samples, supporting a low-cost heap leach development pathway.

Dreadnought Resources has launched a comprehensive target definition program at its Mangaroon Gold Project, deploying soil sampling and a gradient array induced polarization survey to pinpoint new drill targets ahead of discovery-focused drilling later this year.

Dreadnought Resources has reported some of the highest-grade gold intercepts yet at Metzke’s Find, extending mineralisation beyond its 2023 resource and setting the stage for a resource upgrade in July 2026.

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.