Latest Mining Development News

Brightstar Resources has reported strong assay results from its recent diamond drilling at the Yunndaga deposit, reinforcing plans for an underground mine and resource upgrade within the Menzies Gold Project.

Chalice Mining is progressing its Gonneville Project Pre-Feasibility Study on schedule for November 2025 completion, fully funded and targeting a Final Investment Decision by late 2027 as palladium prices hit a two-year high.

Southern Palladium has raised A$20 million through a strategic share placement to accelerate its Bengwenyama PGM project, positioning the company for key milestones including a Final Investment Decision in 2026.

American West Metals reports outstanding high-grade copper assay results from the Cyclone deposit at its Storm Project, Nunavut, signaling strong resource expansion potential and advancing mine development plans.

TG Metals Limited reports multiple high-grade gold intercepts from its maiden drilling at the Tasman Pit within the Van Uden Gold Project, reinforcing plans to extend the pit and update resource models.

Kalamazoo Resources has significantly increased the Mt Olympus underground gold resource and identified a substantial exploration target, setting the stage for a potential mine life extension at the Ashburton Gold Project.

Santana Minerals has taken a major step forward by acquiring freehold ownership of critical lands and extinguishing royalties at its Bendigo-Ophir Gold Project, enhancing project economics amid a strong gold market.

Javelin Minerals has locked in a $25 million mining and funding agreement with MEGA Resources, boosting its Eureka Gold Project resources and setting sights on production by mid-2026. The company also raised $4.5 million to accelerate exploration at its key WA gold assets.

EV Resources has appointed Michael Brown as Managing Director and CEO to spearhead its North American antimony supply strategy, aiming to restart production in Mexico and expand U.S. projects amid rising demand for critical minerals.

Genesis Minerals delivered a record 72,878 ounces of gold in the September quarter, surpassing guidance and generating a robust A$166 million cash build. The company’s ASPIRE 400 growth strategy advances with key approvals and exploration success, setting the stage for sustained expansion.

Strickland Metals has confirmed significant up-dip extensions of high-grade gold mineralisation at its Shanac Deposit within the Rogozna Project in Serbia, highlighting promising near-surface zones for early mine development.

Metro Mining Limited achieved record quarterly bauxite shipments with improved cost efficiency, yet a recent operational outage and river constraints have prompted a downward revision of its 2025 production forecast.