Latest Mining Development News

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.

Rox Resources confirms the technical and economic viability of its Youanmi Gold Project, targeting 117,000 ounces of gold annually over seven years at a low cost. The Definitive Feasibility Study outlines robust financial returns and a clear path to production by mid-2027.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Scorpion Minerals has inked a strategic MOU with Chinese battery materials giant GreatPower, unlocking USD 10 million in staged funding to accelerate lithium project development in Western Australia.

Barton Gold Holdings has bolstered its cash reserves to an estimated $20 million following a successful $15 million institutional placement and a $660,000 Share Purchase Plan, positioning the company to advance key gold development projects in South Australia.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Canyon Resources confirms steady progress at its Minim Martap bauxite project in Cameroon, with mining set to start in early 2026 and first shipments expected by mid-year, supported by secured financing and key equipment deliveries.

Aurum Resources reports strong high-grade gold intercepts from its extensive drilling program at the Boundiali Gold Project in Côte d’Ivoire, boosting resource confidence ahead of major updates in early 2026.

Group 6 Metals has materially improved its debt position by converting warrants under its April 2025 recapitalisation plan, signaling renewed shareholder confidence and operational momentum.

Pivotal Metals is ramping up exploration at its Belleterre projects in Quebec following a successful $5.4 million financing, targeting high-grade gold, copper, nickel, and PGM deposits with drilling planned for late 2025.

Battery Age Minerals has initiated a targeted reconnaissance and sampling program at the Apex Germanium-Gallium Project in Utah, marking the first modern exploration in decades at this historically significant site. The move expands their strategic critical metals footprint across the US and Europe.

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.