Latest Mining Developments News

Forrestania Resources has secured multiple gold tenements near Jaurdi Hill, significantly enlarging its Bonnie Vale Project area in Western Australia. The acquisition features a performance-linked payment structure and positions the company for accelerated exploration and development.

Nexus Minerals reports robust one-metre assay results from Clement and Godfrey prospects, confirming significant gold mineralisation at Wallbrook. The Crusader-Templar Mine Development and Closure Plan has secured regulatory approval, paving the way for operational progress.

Riversgold Limited has commenced its second drilling phase at the Northern Zone Gold Project near Kalgoorlie, aiming to extend gold mineralisation ahead of planned mining in 2026. Results from the initial phase are expected soon, potentially shaping the project's next steps.

Genmin Limited has launched a A$25.7 million equity raising to advance its Baniaka iron ore project in Gabon, aiming for a final investment decision by mid-2026. The raise includes strategic collaboration with PowerChina and offers attaching options to investors.

Bryah Resources has secured approvals and land access agreements to begin drilling at its Golden Pike Project in Canada, targeting high-grade gold and antimony deposits with programs set to complete by year-end.

Augustus Minerals has applied for a significant exploration licence in Papua New Guinea’s Vanapa River region, positioning itself within one of the world’s richest gold-copper belts while progressing its Mt Kare project.

Prodigy Gold NL reports outstanding October 2025 drilling results at its Hyperion Gold Deposit, reinforcing the deposit's high-grade potential and setting the stage for a resource update and mining approvals.

Besra Gold Inc. reported a $3.47 million loss for Q1 2026, weighed down by finance costs tied to a major gold purchase agreement. Despite asset impairments and net liabilities, management remains cautiously optimistic about ongoing funding and project development.

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.

Rox Resources confirms the technical and economic viability of its Youanmi Gold Project, targeting 117,000 ounces of gold annually over seven years at a low cost. The Definitive Feasibility Study outlines robust financial returns and a clear path to production by mid-2027.

ABx Group has launched a new drilling campaign targeting extensions of its high-grade T8 rare earth discovery in northern Tasmania, focusing on critical elements terbium and dysprosium. Early drilling confirms shallow mineralisation with assays pending, highlighting the project's strategic potential amid global supply constraints.

Scorpion Minerals has inked a strategic MOU with Chinese battery materials giant GreatPower, unlocking USD 10 million in staged funding to accelerate lithium project development in Western Australia.