Latest Mining Development News

Rox Resources has ramped up operations at its Youanmi Gold Project, transitioning to 24-hour mining and completing key infrastructure ahead of production. The company is advancing permitting and financing milestones to maintain its development momentum.

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Lefroy Exploration has commenced reverse circulation drilling at its Burns Gold Deposit, aiming to extend a high-grade gold corridor with assay results expected early next year.

Sunstone Metals has raised $8 million through a discounted share placement to fund a scoping study and drilling at its Bramaderos Gold-Copper Project in Ecuador, while advancing strategic corporate discussions.

WIN Metals has reported outstanding shallow high-grade gold intercepts at its Repeater Prospect within the Radio Gold Project, confirming deeper mineralisation and reinforcing near-term development potential.

Chariot Resources has confirmed high-grade lithium mineralisation at its Fonlo and Iganna projects in Nigeria, with assays returning up to 5.96% lithium oxide. The results reinforce the potential for near-term production and resource expansion within its Nigerian lithium portfolio.

Savannah Goldfields has poured nearly 7kg of doré at its Georgetown Gold Processing Plant, marking steady progress in gold production and setting the stage for upcoming mining at Big Reef and Agate Creek.

Santana Minerals has reported exceptional high-grade gold drill results at the Rise & Shine deposit, confirming continuity of its core mineralisation and extending underground mine life by 60%. These findings reinforce the geological model and hint at a larger operation ahead.

Meeka Metals’ initial exploration drilling at the new Rosapenna target within the Fairway shear zone reveals significant high-grade gold intersections, underscoring the potential for resource growth at the Murchison Gold Project.

Lefroy Exploration has officially started mining operations at its Lucky Strike Gold Deposit near Kalgoorlie, with first ore expected by late December and gold production targeted for March 2026.

Lithium Energy Limited has initiated a crucial new drilling program at its Solaroz Lithium Brine Project in Argentina, backed by a major stakeholder preparing to acquire full ownership.