Latest Mining Approvals News

Sentinel Metals has locked in a $15 million institutional placement to fund its acquisition of the 1.01Moz Big Springs Gold Project in Nevada, positioning itself as a growing North American gold player.

Metal Bank has secured $1.2 million through a placement at a 30% premium, enabling accelerated development at its Seven Leaders deposit and advancing gold projects at Livingstone.

Triton Minerals has issued a default notice to NQM Gold 2 following a missed completion deadline for the sale of its Mozambique graphite assets, pushing the transaction deadline to 9 July 2026.

Prodigy Gold is progressing key regulatory approvals to restart mining at its Old Pirate gold mine, supported by encouraging ore sorting testwork that significantly upgrades gold grades and promises operational efficiencies.

Mount Hope Mining has engaged R.W. Corkery & Co to lead environmental baseline studies and prepare for an Environmental Impact Statement at its Mt Solitary gold project, a crucial step towards mining approvals in NSW.

Ballard Mining’s latest drilling at the Baldock deposit pushes high-grade gold mineralisation well beyond its current resource, hinting at a major resource uplift at Mt Ida.

Triton Minerals has secured Mozambique government approval for mining concessions tied to its graphite assets, a critical hurdle cleared in its joint venture deal with NQM Gold 2 Pty Ltd. This milestone de-risks the transaction and sets the stage for imminent completion and cash receipt.

Medallion Metals has identified a significant new sulphide lode, Hillsborough Deeps, beneath the Gem deposit at Kundip, with drilling and electromagnetic surveys indicating strong potential for resource expansion.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

St George Mining’s initial beneficiation testwork at its Araxá Project in Brazil has delivered high-grade niobium concentrates and a promising rare earth concentrate, validating its dual commodity approach and underpinning next-stage pilot plant plans.

Prodigy Gold has won a $112,152 co-funding grant from the Northern Territory Government to drill a 600m hole at its Hyperion Gold Deposit, targeting a major untested geophysical anomaly that could expand the 454,000-ounce resource.

Medallion Metals has completed front-end engineering for the Cosmic Boy Concentrator refurbishment and secured a $7.6 million early works contract, keeping commissioning on track for Q2 2027.