Latest Mining Development News

Challenger Gold has raised A$30 million through an institutional placement to fund the ramp-up of its Hualilan gold project and support an extensive drilling campaign ahead of first production in early 2026.

Boab Metals has kicked off early construction works at its Sorby Hills Silver-Lead-Zinc Project, marking a key step toward full-scale mine development and production scheduled after the 2026 wet season.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, including a standout 0.8m at 350 g/t gold. The company is accelerating exploration with an expanded drilling fleet and preparing major resource updates and a Pre-Feasibility Study for early 2026.

Ausgold Limited has launched a major multi-rig drilling campaign at its Katanning Gold Project, aiming to grow its 2.44 million ounce gold resource and unlock new regional discoveries ahead of a mid-2026 investment decision.

Everest Metals Corporation has secured mining approvals for its Mt Dimer gold project and initiated resource upgrades at its Mt Edon critical minerals site, while expanding its Revere gold project through strategic acquisition and capital raising.

Hamelin Gold Limited has secured a pivotal tenement in the Venus Gold Project and completed multiple drilling programs across Western Australia, reinforcing its exploration momentum with $3.6 million in cash reserves.

Pantoro Limited reported a challenging September quarter with production setbacks but maintains a robust balance sheet and strong growth momentum across its Norseman operations.

Astral Resources has secured a pivotal Land Use Agreement with the Marlinyu Ghoorlie Native Title Claim Group, clearing the way for funded development of the Think Big Gold deposit in Western Australia.

Orion Minerals has taken a major step forward by signing a non-binding term sheet with Glencore for up to US$250 million in financing and offtake agreements, advancing its Prieska Copper Zinc Mine towards production.

Astral Resources reports robust assay results from its Theia Deposit in-fill drilling program, reinforcing the potential for a profitable starter pit at its Mandilla Gold Project. Ongoing diamond drilling and regional exploration at Feysville aim to further unlock value.

Catalyst Metals has unveiled significant high-grade gold intersections at its Cinnamon-Cobalt trend, doubling Cinnamon's strike length and revealing promising new targets outside the current resource envelope.

Fortuna Metals is advancing exploration at its Mkanda and Kampini projects in Malawi, aiming to define a significant rutile resource by late 2026. Early drilling and sampling have revealed encouraging titanium mineralisation, positioning the company in a globally critical minerals hotspot.