Latest Mining Development News

CuFe Limited has dramatically increased the confidence in its Gecko Copper-Gold Deposit at Tennant Creek, raising the Indicated resource category from 4% to 66%, enabling more robust economic evaluation and mine planning.

AIC Mines has returned strong drilling results from the Jolly shoot at its Jericho copper deposit, reinforcing the deposit’s potential as the first mining target and underpinning the ramp-up of production at nearby Eloise.

Benz Mining reports strong metallurgical test results from the Icon deposit, showing up to 95.5% gold extraction within 24 hours and potential for broader mineralised halo to contribute to mill feed.

Caprice Resources reports metallurgical testwork on its Vadrians deposit achieving up to 94% gold recovery via conventional gravity and CIL processing, supporting a low-cost extraction pathway at its Island Gold Project.

Barton Gold has increased its Phase 2 drilling at the Tunkillia Gold Project, with interim assays pointing to extensions and higher-grade zones that could boost resource size and project economics.

Medallion Metals has identified a significant new sulphide lode, Hillsborough Deeps, beneath the Gem deposit at Kundip, with drilling and electromagnetic surveys indicating strong potential for resource expansion.

Kalamazoo Resources reports robust high-grade drilling results from its Mt Olympus Resource Definition Program, reinforcing resource continuity and growth potential at the Ashburton Gold Project.

Minerals 260 has kicked off early construction at its 4.5Moz Bullabulling Gold Project, aiming for plant construction in early 2027 and first gold output by late 2028. Key initiatives include a $59.1 million village contract, water infrastructure development, and extensive grade control drilling.

Ballard Mining has unveiled a new high-grade gold discovery at its Pluto prospect near Baldock, alongside extensions at Ayla, Neptune, and Golden Vale deposits, reinforcing its resource growth strategy at Mt Ida.

Great Northern Minerals has unveiled a maiden Inferred Mineral Resource Estimate at its Iron Butte Gold-Silver Project in Nevada, quantifying 480,000 ounces of gold and 11.5 million ounces of silver. The deposit remains open for expansion, with drilling planned for Q3 2026 backed by $3.9 million in cash.

MRG Metals has lodged a key Mining Right Conversion Application in South Africa for its Garies Rare Earth Project, setting the stage for scalable mining development supported by strong metallurgical results and a modular processing approach.

Reach Resources has locked in $6.05 million in fresh capital, including a $2 million option fee from Andel Resources, positioning the company to accelerate development at its Murchison South gold project.