Latest Mining Development News

Catalyst Metals reported stable gold production at Plutonic despite rising costs, unveiled a promising new ore source at Cinnamon, and expanded its landholdings significantly in the Bryah Basin.

Audalia Resources has unveiled a maiden Ore Reserve for its Medcalf vanadium-titanium-iron project alongside an updated Pre-feasibility Study outlining two viable development options with strong economic returns. The company faces a tight cash position but is pursuing a $450,000 capital raise to sustain progress.

Gorilla Gold Mines has uncovered two new shallow, high-grade gold zones at its Comet Vale project, prompting an accelerated drilling campaign to explore the significant growth potential within its North Kalgoorlie Hub resource base.

OzAurum Resources has reported robust shallow gold intercepts from initial drilling at its Mulgabbie North Paleochannel Project, reinforcing potential for resource growth along a 4km trend.

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.

Minerals 260 has locked in a $220 million funding deal with Franco-Nevada, combining royalty and equity financing to fast-track its 4.5Moz Bullabulling Gold Project. Strong drilling results and accelerated project work underpin a development timeline targeting first production by end 2028.

Greatland Resources delivered a record $260 million cash build in the March 2026 quarter, underpinned by 82,723 ounces of gold production at a $2,056/oz AISC and a 150% increase in Telfer's Mineral Resource Estimate to 8 million ounces gold.

Capricorn Metals has delivered outstanding underground gold intercepts at its Lexington prospect, extending the Mt Gibson Gold Project's underground potential well beyond current resources. These results pave the way for a significant long-life mining operation with further drilling planned.

Pantoro Gold delivered 17,757 ounces of gold in Q3 2026, generated $88.4 million EBITDA, and approved a third underground mine, reinforcing its growth trajectory at Norseman.

Nelson Resources has expanded its footprint at the Gold Point Project with new high-grade gold-silver veins and prepared for maiden drilling, while unlocking significant development potential at Yarri through mining lease grants and a $10 million funding deal.

Riversgold has kicked off a focused nine-day diamond drilling campaign at its Northern Zone Gold Project near Kalgoorlie to gather essential rock strength data for pit design, as it nears a key mining lease grant and development partnership with MEGA Resources.

Albright Metals delivers strong high-grade gold results from its Golden Pike Project in Canada while boosting its balance sheet through a $1.8 million tenement sale to Catalyst Metals, sharpening its focus on high-impact assets.