Latest Mining Development News

American Uranium’s early infill drilling at Lo Herma confirms robust uranium mineralisation continuity in Mine Unit 1, setting the stage for a resource upgrade and scoping study in Q3 2026.

OzAurum Resources has reinforced the potential of its Mulgabbie North Paleochannel Project with robust shallow, high-grade gold results from 112 reverse circulation drill holes, while progressing the commissioning of its heap leach plant to support a scalable, low-capex gold operation.

Haranga Resources has delivered a maiden JORC Mineral Resource Estimate of 402,000 ounces at 5.1 g/t gold from its Lincoln Gold Project in California, underpinning rapid restart plans backed by $90 million in existing infrastructure.

Kalamazoo Resources has unveiled a substantial underground Exploration Target at its Peake Deposit, potentially adding up to 380,000 ounces of gold and extending the Ashburton Gold Project’s mine life beyond current plans.

Revolver Resources has secured critical contracts and completed infrastructure upgrades at its Dianne Copper Mine Project, moving closer to a Final Investment Decision and first copper output within a year.

Orion Minerals has secured $15.4 million in a placement to accelerate development at its Prieska and Okiep copper projects in South Africa, paving the way for its transition to a copper producer.

Maronan Metals has completed a major share distribution from Red Metal, expanding its shareholder base, while locking in a $22 million strategic investment to fund an ambitious drilling program and feasibility study.

Brightstar Resources is poised to hit a major milestone with a Final Investment Decision expected in June 2026, paving the way for first gold production by mid-2027 at its Goldfields Project in Western Australia.

West Wits Mining has locked in a ZAR 875 million senior loan facility with Absa and Nedbank, replacing earlier funding and boosting support for its Qala Shallows project; the first new South African gold mine in over 15 years.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

Hillgrove Resources has secured an option to earn an 80% stake in the Mutooroo Copper Project through a $10 million pre-feasibility study farm-in with Havilah Resources, aiming to leverage existing infrastructure to boost copper output.

Hillgrove Resources has secured the right to earn an 80% stake in the Mutooroo Copper Project through a farm-in deal with Havilah Resources, leveraging its Kanmantoo processing plant to potentially boost copper output with lower capital risk.