Latest Mining Development News

Native Mineral Resources (ASX: NMR) has updated its drilling results at the Podosky deposit in Queensland, confirming shallow, high-grade gold mineralisation that supports near-term open-pit mining plans. Mining activities are targeted to commence in April 2026.

Centaurus Metals has received a non-binding Letter of Intent from Brazil’s National Development Bank for R$1 billion in debt funding to advance its Jaguar Nickel Project, marking a key milestone in its financing strategy.

Meteoric Resources hosted Minas Gerais Governor Romeu Zema at its Caldeira Rare Earth Project pilot plant, highlighting continuous production success and strong government backing for the project’s expansion.

Ballymore Resources has traced a large-scale gold system over a 5km corridor at its Dittmer Gold Project, highlighted by high-grade visible gold near Mount Quandong. Underground development is advancing to support upcoming drilling aimed at expanding the resource.

West Wits Mining has poured its first gold from the Qala Shallows project in South Africa, marking a pivotal shift from development to production. This milestone positions the company as the newest gold producer in the historic Witwatersrand Basin.

Brightstar Resources has reported robust diamond and reverse circulation drilling results at its Sandstone Gold Project, highlighting significant high-grade intercepts that underpin an upcoming Mineral Resource Estimate update and Pre-Feasibility Study.

Far East Gold has obtained a crucial environmental approval from the Indonesian government, clearing the way for advanced exploration at its Idenburg Gold Project and setting the stage for accelerated development.

Rox Resources has approved the Final Investment Decision for its Youanmi Gold Project, fully funded and ready to begin construction targeting first gold pour by mid-2027.

GoldArc Resources and BML Ventures have confirmed high-grade gold mineralisation continuity at Mt Stirling and Stirling Well through a recent diamond drilling campaign, advancing their mining implementation plans.

Great Boulder Resources has reported extraordinary high-grade gold intercepts at its Side Well Gold Project in WA, including a staggering 4434g/t assay at depth, signaling strong potential to expand its 1Moz resource base.

Prodigy Gold has updated its Hyperion Gold deposit resource, boosting indicated ounces by 70% to 212,000 ounces and increasing the total resource to 454,000 ounces. This reflects successful 2025 drilling and improved confidence ahead of a planned scoping study.

Forrestania Resources has completed its maiden drilling program at British Hill, revealing significant high-grade gold mineralisation extending deeper and along strike. These promising results set the stage for an expanded Mineral Resource Estimate and further development.