Latest Mining Development News

Aureka Limited has announced a maiden inferred JORC Mineral Resource for its Comstock Prospect in Victoria, boosting its global gold inventory by 19% to over 360,000 ounces. The company is actively drilling to expand this resource amid a favourable gold price environment.

Mt Malcolm Mines reports promising drilling results at Golden Crown and prepares for an infill program at Dumbarton, aiming to establish maiden resource estimates and advance towards production.

Black Cat Syndicate’s recent drilling at Kal East reveals promising high-grade gold intercepts at Imperial, suggesting a possible open pit cut-back, while extensive grade control drilling begins at Fingals to accelerate production.

Catalyst Metals Limited has secured A$150 million in equity to fund organic growth and exploration across its flagship Plutonic Gold Belt and Bendigo Gold Belt projects. The company aims to nearly double gold production to around 200,000 ounces per annum while reducing costs through strategic acquisitions and infrastructure leverage.

Aurum Resources reports significant shallow, high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, underpinning ambitious drilling and resource expansion plans for 2025.

Brightstar Resources has reported impressive high-grade gold intercepts from its recent drilling at the Yunndaga deposit, reinforcing underground mining prospects and setting the stage for further resource growth.

Gorilla Gold reports significant high-grade gold intercepts at its Lakeview Prospect within the Comet Vale Project, revealing multiple parallel mineralised structures and advancing resource growth with ongoing drilling.

Forrestania Resources has appointed former Minerals Resources executive David Geraghty to its board and secured $500,000 through a strategic share placement, signaling a renewed push in its gold exploration projects.

Global Uranium and Enrichment Limited is set to launch a major 38,000-metre drilling campaign at its Pine Ridge Uranium Project in Wyoming’s Powder River Basin, aiming to unlock a significant uranium resource in a leading US mining region.

Brightstar Resources has kicked off its second ore processing campaign under a key agreement with Genesis Minerals, while development at its Fish underground mine remains on track for first ore in June. The company is poised for growth with a near-complete feasibility study and increased drilling activity.

Freehill Mining is set to boost its Chilean operations with a second processing site launching in June, alongside advancing magnetite sampling and copper-gold exploration projects.

Prospect Resources has kicked off an extensive Phase 2 drilling campaign at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its maiden resource estimate while exploring new regional targets.