Latest Mining Development News

Kaiser Reef Limited’s latest drilling at the Nova Zone within the A1 Gold Mine has revealed promising high-grade gold mineralisation, extending known reef systems and shaping future mine plans.

Critical Metals Corp. has secured US$22.5 million through a private placement to advance its Tanbreez Rare Earth Project in Greenland and Wolfsberg Lithium Project in Austria, reinforcing its position in the critical metals supply chain for Europe.

New World Resources has secured a critical federal permitting milestone for its Antler Copper Project, setting a clear path to full approval within 12 months and construction commencement in H2 2025.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Brightstar Resources has reported compelling high-grade gold intercepts from its 2024 diamond drilling at the Lord Byron deposit, reinforcing the potential for expanded mining operations at Jasper Hills.

Newfield Resources Limited reports a strategic pivot for its Tongo Diamond Mine, engaging a joint development partner to reduce costs and delay bulk sampling amid a depressed diamond market.

Cadoux Limited reports significant progress in its high purity alumina and Minhub rare earths projects, alongside robust environmental, social, and governance initiatives.

Theta Gold Mines has made significant strides in developing its TGME Gold Plant, securing $6 million in private equity and progressing an EPC contract with PowerChina's subsidiary. The company is also integrating surface gold resources into its mining schedule and advancing environmental and social governance initiatives.

RTG Mining Inc. is advancing rapidly towards financing the Stage 1 Direct Shipping Operation at its high-grade Mabilo Copper and Gold Project in the Philippines, with a capital budget confirmed under US$25 million. Meanwhile, exploration at the Chanach Project in Kyrgyzstan reveals significant porphyry targets, positioning RTG for a pivotal year ahead.

Ten Sixty Four Limited’s latest quarterly report reveals a notable decline in gold production alongside increased all-in sustaining costs, as the company advances its mine development and navigates a complex restructuring process.

Celsius Resources has obtained a six-month extension to meet funding conditions for its flagship MCB Project, while progressing engineering design and maintaining a stable cash position of A$1.053 million.

Antilles Gold Limited reports significant progress on its Cuban joint venture projects, including updated resource estimates and feasibility studies, while managing a constrained cash position heading into 2025.