Latest Mining Development News

29Metals has reported strong drilling results from its 2026 program at Golden Grove, confirming high-grade copper, zinc, gold, and silver extensions at Oizon and Amity. Development at Oizon is progressing with first ore expected by year-end, underpinning mine flexibility and potential cost efficiencies.

Minerals 260 Limited reports strong drilling results at its 4.5Moz Bullabulling Gold Project, confirming resource continuity and extensions at key deposits. These findings underpin an upcoming Mineral Resource Estimate update and support the Prefeasibility Study due next month.

Polymetals Resources has confirmed that substantial high-grade mineralisation remains intact near a previously assumed collapse zone at the Endeavor Mine, with initial drilling results exceeding expectations.

Resources & Energy Group (ASX:REZ) has reported significant gold intercepts from its February 2026 drilling at East Menzies, validating extensions beyond the current Goodenough resource and setting the stage for an updated mineral resource estimate.

Akora Resources has completed a $3.3 million equity raise combining a $1.6 million placement and a modest $187,000 entitlement offer, positioning the company to push forward with mine development following its recent mining permit grant.

Rumble Resources has boosted its Western Queen gold mineral resource to 433,600 ounces, including a 54% jump in Indicated Resources and a fresh high-grade zone of 52,500 ounces at 11.3 g/t gold. The upgrade follows extensive drilling and will feed into a September Bankable Feasibility Study, keeping production on track for 2027.

Aguia Resources reports significant cost reductions and stable high-grade gold feed at its Santa Barbara Gold Project, despite a temporary dip in production as underground development advances.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.

Classic Minerals has launched Supreme Court proceedings to affirm its 80% beneficial interest in gold rights at the Forrestania Gold Project, aiming to secure legal clarity as it advances mining development.

OzAurum Resources has completed its extensive grade control drilling at Mulgabbie North, delivering consistent high-grade gold intercepts at shallow depths and progressing site civil works for heap leach infrastructure.

Larvotto Resources has unveiled a substantial initial Exploration Target for the Midas Lode at its Hillgrove project, outlining a preferred 3.95 million tonnes at 5.16 g/t gold equivalent, accessible from surface and underground for near-term development.

Critical Resources Limited has validated a high-grade tungsten system at its Granite Creek target in New Zealand, with channel sampling returning 16.63% WO₃ true width. The results underpin a clear path to drilling amid tightening global tungsten supply.