Latest Mining Development News

Neometals Ltd has initiated an 8,300-metre drilling campaign targeting high-grade gold zones at its 100% owned Barrambie Gold Project in Western Australia, aiming to unlock new resource potential and advance towards production.

Flagship Minerals’ review of Anglo American’s dataset reveals a 5km by 1.2km gold-in-soil anomaly at the Pantanillo Gold Project in Chile, significantly larger than current drill coverage and supporting plans to upgrade the resource estimate.

Catalyst Metals reported a slight dip in September quarter gold output due to processing challenges but remains on track to meet full-year targets amid ramped-up exploration and development.

Augustus Minerals has completed an extensive soil geochemistry program at its Music Well Gold Project, setting the stage for imminent drilling after heritage approvals. The company targets extensions of high-grade gold mineralisation beneath shallow soil cover.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.

European Lithium Limited has sold 3 million shares of Critical Metals Corp. at a 10% premium, raising US$21 million and underscoring the strong value of its CRML stake.

Horizon Minerals reports outstanding high-grade gold intersections from its ongoing drilling program at the Burbanks project, reinforcing resource confidence and paving the way for future mine development.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger to create Guinea’s leading gold producer, targeting over 400,000 ounces of annual gold production by 2029 from a combined resource exceeding 9 million ounces.

West Wits Mining Limited has presented a robust update on its flagship Qala Shallows gold project, showcasing a strong Definitive Feasibility Study and secured senior debt funding, targeting first gold production in early 2026.

Chariot Corporation has identified 32 high-priority lithium drilling targets at its Resurgent Project, strategically located adjacent to the world-class Thacker Pass lithium development in the US. This positions Chariot to potentially unlock a significant lithium resource amid strong government backing for domestic critical minerals.

Rumble Resources is set to begin a 20,000-metre diamond drilling program at its Western Queen Gold Project, aiming to expand gold resources and explore tungsten revenue potential as it advances underground mining studies.

Orion Minerals has raised A$5 million through a share placement to fund early development at its Prieska Copper Zinc Uppers mine and advance studies at the Okiep Copper Project, underpinning its transition towards production.