Latest Mining Development News

Globe Metals & Mining has officially started construction at its fully permitted Kanyika Niobium Project in Malawi, marking a key shift from planning to execution with first oxide production targeted for early 2028.

Powerhouse Ventures reports its inaugural operating cash flow positive quarter alongside strong fund performance and strategic fund launches, signalling a turning point for the investment house.

Volt Resources has made significant strides in its US graphite refinery project and secured major funding for its Bunyu Graphite Mine in Tanzania, positioning itself strongly in the critical minerals sector.

Aurum Resources has reported further high-grade gold intercepts at its BMT3 deposit within the Boundiali Gold Project, reinforcing resource confidence ahead of key 2026 milestones. The company is advancing aggressive drilling and development plans backed by a strong cash position.

Ragusa Minerals has raised $600,000 through a private placement to fund exploration at its Purple Pansy Manganese-Gold Project in Arizona, supported strongly by existing shareholders.

Brightstar Resources has reported significant early-stage gold intercepts from its Sandstone Hub aircore drilling program, highlighting promising targets for upcoming drilling campaigns.

Blackstone Minerals reports a Cease & Desist order halting exploration at its Mankayan Copper-Gold Project, while securing key Indigenous and government approvals and undergoing significant board changes.

Meeka Metals delivered a robust December quarter with a 28% jump in gold production and nearly doubled operating cash flow, while exploration at new targets hints at further resource expansion.

Toubani Resources is poised to begin construction on its Kobada Gold Project in Mali after securing key environmental approvals and a substantial financing package. The company is advancing rapidly towards becoming a major gold producer in Africa.

Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.

Austral Resources Australia Ltd has emerged strongly from a 26-month ASX suspension, delivering robust copper production and sales that beat expectations in the December 2025 quarter. The company’s strategic acquisitions and exploration efforts position it for growth in 2026.

OzAurum Resources reports robust, shallow high-grade gold results from its James Stage 1 open pit drilling, reinforcing confidence in near-term development and hinting at significant expansion potential.