Latest Mining Development News

Matsa Resources has restructured its board and management team, appointing three new non-executive directors with deep technical and commercial expertise to support the expansion and development of its Lake Carey gold asset.

Catalyst Metals has completed the Trident open pit and is progressing underground development on schedule, aiming to boost gold production at its Plutonic processing plant to 200koz annually.

Ore Resources has accelerated its lithium exploration and development at Coolgardie with diamond and RC drilling programs, alongside advancing economic studies and permitting efforts.

Orbminco Limited's latest infill drilling at Majestic North delivers standout shallow gold grades, setting the stage for a resource upgrade and advancing mining studies.

Audalia Resources (ASX: ACP) is seeking to raise $450,000 through a placement of 15 million shares at 3 cents each, aiming to fund the Medcalf project’s progression and shore up working capital.

Asara Resources has adjusted its $60 million institutional placement after Barbet LLC FZ reduced its subscription significantly, with the balance placed to other investors to keep the raise on track. The funds will accelerate drilling and development at the Kada Gold Project in Guinea.

New Talisman Gold Mines commissioned its processing plant and secured commercial offtakes while reporting a $2.26 million net loss in FY26. The company is refocusing on geological modelling and targeted drilling to boost resource confidence and production.

Astral Resources has reported significant deep gold mineralisation extending well below the current Theia Deposit resource at its Mandilla Gold Project, alongside ongoing in-fill drilling to upgrade open pit resources.

Theta Gold Mines has secured US$18.6 million via placement and options exercise, completing equity funding for its US$90 million bond and advancing the TGME Gold Mine towards first production in early 2027.

Flagship Minerals has wrapped up its metallurgical drilling and trenching at the 2.1Moz Isidora Gold Project in Chile, progressing to pilot scale heap leach test work and ongoing infill drilling targeting a resource update later this year.

KGL Resources has locked in a conditional placement raising approximately A$180 million as part of a broader A$300 million equity raise to fully fund the Jervois Copper Project. The placement attracted strong backing from major shareholders and global institutions, setting the stage for construction and production milestones.

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.