Latest Mining Development News

Fortuna Metals has confirmed it is exempt from Malawi’s 2025 raw mineral export ban, provided it processes rutile and graphite locally before export. This regulatory clarity positions the company to develop premium mineral products for high-value markets.

Larvotto Resources continues to deliver robust drilling results at its Freehold prospect, revealing significant gold, antimony, and tungsten mineralisation that bolsters the Hillgrove Project’s growth outlook.

Dalaroo Metals has mobilised its geological team to progress the Bongouanoa Gold Project in Côte d’Ivoire toward drill-ready status, leveraging promising historical gold intercepts and systematic fieldwork. The company is preparing for aircore and diamond drilling programs pending regulatory approvals.

Strickland Metals has announced a $55 million institutional placement to fund an expanded drilling program and advance a Pre-Feasibility Study for its Rogozna gold project in Serbia, with major shareholders reaffirming their support.

CuFe, Emmerson, and Tennant Minerals have won $600,000 in matched government grants to fund a feasibility study for a shared critical minerals processing facility in Tennant Creek, aiming to boost regional mining development.

Aura Energy has successfully raised A$20 million through a heavily oversubscribed placement, aiming to accelerate development at its Tiris Uranium Project amid rising global uranium demand.

Resources & Energy Group Limited (ASX, REZ) has initiated reverse circulation drilling at its East Menzies Gold Project, aiming to expand known gold mineralisation and explore new targets at Gigante Grande and Goodenough deposits.

Pursuit Minerals has delivered a compelling Pre-Feasibility Study for its Rio Grande Sur lithium project in Argentina, confirming strong economics and a maiden Ore Reserve. The company also secured a A$7 million capital raise to advance development.

Patriot Resources has appointed mining engineer and finance expert Dominic Duggan as CEO to spearhead development of its high-grade silver and gold projects across Peru, Zambia, and Canada.

Riversgold Limited has reported robust gold mineralisation from the final 16 drillholes of its 2025 campaign at the Northern Zone near Kalgoorlie, confirming expansion of the shallow oxide gold footprint. The company is set to commence its 2026 drilling program to further extend the resource.

Brightstar Resources has completed its strategic acquisition of Aurumin Limited, consolidating its Sandstone gold assets and boosting production by 12% in the December quarter. The company also advanced key feasibility studies, underpinning a promising growth trajectory.

Variscan Mines has achieved a pivotal permitting milestone for its San Jose Mine and reported its highest-grade zinc intercepts to date at the Udías Mine, advancing its Novales-Udías Zinc Project towards production.