Latest Mining Earnings News

Minerals 260 has emerged from FY26 with a 6.2Moz Bullabulling resource, a maiden 2.5Moz reserve and a pre-feasibility study pointing to a 19-year gold operation. The project is now moving into definitive feasibility, but debt funding, approvals and a final investment decision remain ahead.

Group 6 Metals has reported a sharp FY2026 turnaround, backed by stronger tungsten sales, improved plant performance and A$55.7 million in operating cash flow. The result also carries substantial accounting benefits, while the next test is whether underground mining can make the improvement durable.

Pan African Resources delivered record FY26 production, earnings and cash generation, moving from net debt to a US$185.7 million net cash position. The gold producer is proposing a record dividend and launching a ZAR500 million buy-back, while warning that FY27 costs will rise as it funds further growth.

Nickel Industries surged to a US$74 million profit in H1 2026, driven by higher nickel prices, expanded mining quotas, and strategic HPAL investments including first nickel cathode production at ENC.

Great Divide Mining and Dart Mining have completed a 4,100m drilling campaign at the Banshee Prospect, confirming gold mineralisation over a 730m strike that remains open. The results advance the project toward a maiden JORC Mineral Resource Estimate.

Golden Mile Resources (ASX: G88) has agreed to sell its final 20% interest in the Leonora Gold Joint Venture to Navigator Mining for A$250,000, marking its exit from the project after Navigator earned an 80% stake.

Jupiter Mines reported a modest rise in manganese production and sales for Q2 FY2026, alongside lower production costs. However, earnings were dented by foreign exchange losses amid a stronger South African Rand.

Newmont Corporation reported a robust second quarter in 2025, driven by higher gold prices, successful divestitures of non-core assets, and strong operational performance, reinforcing its financial strength and strategic focus.