Latest Mining Development News

Predictive Discovery Limited (ASX:PDI) is making a strategic US$10 million investment to acquire a 12.3% stake in Awalé Resources, targeting gold exploration growth in Côte d'Ivoire’s Odienné Project.

Kalamazoo Resources has wrapped up its Mt Olympus Resource Definition Drilling Program, delivering strong high-grade gold intercepts and narrowing drill spacing to support resource upgrades at the Ashburton Gold Project.

Rio Tinto reported a 3% year-on-year increase in copper equivalent production for H1 2026, driven by Oyu Tolgoi’s 31% growth and record iron ore output in the Pilbara, while maintaining full-year guidance amid geopolitical headwinds.

GoldArc Resources reports strong grade control drilling results from the Mt Stirling Well and Mt Stirling gold deposits, underpinning updated mining models and advancing preparations for regulatory approval ahead of mining.

Star Minerals has begun mining at its Tumblegum South Gold Project with high-grade gold intercepts confirmed, while also expanding its footprint by securing a large new exploration project near Merredin in Western Australia.

Group 6 Metals set a new quarterly record processing 77,953 tonnes at its Dolphin Tungsten Mine, producing 21,297 MTUs of tungsten concentrate despite lower feed grades. The company strengthened its cash position to $49.5 million and commenced underground mining, aiming to improve grades and recovery in coming quarters.

Redcastle Resources reports robust initial assays from Queen Alexandra grade-control drilling, revealing shallow high-grade gold mineralisation that supports ongoing mining alongside Redcastle Reef.

Ausgold Limited has reported robust drilling results that expand and upgrade the 2.44 million ounce Mineral Resource at its Katanning Gold Project, while advancing key pre-development milestones ahead of a final investment decision targeted by year-end.

Aguia Resources has delivered a breakthrough month at its Santa Barbara Gold Project in Colombia, tripling gold production to 851.9 grams from 100 tonnes processed in June while cutting capital and operating costs dramatically.

Latitude 66 Limited's latest geophysical surveys reveal multiple high-priority drill targets at its Finnish KSB and PSB Projects, with potential to significantly grow its mineral resource base. Drilling is set to begin in Q3 2026, advancing the company’s development ambitions.

Rox Resources has received the last major environmental approval for its Youanmi Gold Mine, enabling full-scale construction of the processing plant and advancing underground mining ahead of schedule.

American Uranium has wrapped up a 50-hole, 12,757-metre drilling campaign at its Lo Herma uranium project, confirming strong mineralisation continuity and expanding resource potential ahead of a Q3 2026 resource update and scoping study.