Latest Mining Development News

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.

Catalyst Metals has nearly doubled the Trident underground gold resource to 1.1 million ounces at a robust 5.4g/t grade, underpinning a 10-year mine plan targeting 60,000 ounces annually from 2027.

Dreadnought Resources has nearly doubled the high-confidence Indicated gold resource at its Metzke’s Find deposit in WA’s Illaara Project, lifting total ounces to about 25,000 at a robust 5.2 g/t grade. The shallow, high-grade resource sits on a granted mining lease and remains open for expansion.

Godolphin Resources has hit a significant new polymetallic sulphide system named Cousin Jack at its Lewis Ponds project, with maiden drilling revealing broad zones of high-grade zinc, copper, lead, silver, and gold mineralisation.

GoldArc Resources has identified distinct critical element associations with gold mineralisation at Mt Stirling and Mt Stirling Well, advancing metallurgical test work and mine planning with BML Ventures.

Far East Gold has increased its ownership of the high-grade Idenburg Gold Project in Indonesia to 51%, issuing $6.5 million in shares to vendors and setting sights on an 80% stake after feasibility study approval.

West Wits Mining has locked in a comprehensive ZAR 1.115 billion project finance package with Absa Bank and Nedbank CIB, clearing a critical hurdle toward steady-state gold production at Qala Shallows by late 2028.

PLS Group has greenlit a substantial pre-FID spend to keep its P2000 lithium expansion on track, aiming for a final investment decision by late 2026 and first ore by mid-2029.

Antilles Gold’s Cuban joint venture Minera La Victoria has been designated a US Specially Designated National, forcing suspension of management and mine construction activities while the company seeks a resolution.