Latest Mining Economics News

Rumble Resources reports significant progress at its Western Queen Gold and Tungsten Project, with drilling intersecting key mineralisation and a scoping study revealing robust underground mining economics.

PhosCo has completed a key drilling program at its Gasaat Phosphate Project in Tunisia, with promising phosphate intersections at the SAB prospect and imminent assay results from KM, setting the stage for updated resource estimates and an enhanced project outlook.

Cavalier Resources has reported further high-grade gold assay results from its Southern Development Area at the Crawford Gold Project, confirming promising extensional mineralisation beyond the Stage 1 Starter Pit. The company is advancing plans to upgrade its Mineral Resource Estimate while awaiting additional assay data.

Challenger Gold has secured a 24-month mining contract with MAPAL for its Hualilán Toll Milling phase, with mobilisation complete and production drilling underway. The project is on track to commence mining by December 1, aiming to generate early cash flow amid strong gold prices.

Lunnon Metals has updated its Lady Herial gold resource to 36,300 ounces at 2.0 g/t, securing Gold Fields’ approval and nearing regulatory green light for mining.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Nordic Resources has confirmed high-grade near-surface gold mineralisation at its Kopsa project in Finland, extending the Central Zone resource and refining geophysical targets with its first four drill holes.

Power Minerals reports compelling high-grade niobium and rare earth element results from shallow auger drilling at its Santa Anna Project in Brazil, setting the stage for an extensive 10,000m reverse circulation drilling program to define a maiden resource.

29Metals Limited has reported promising high-grade copper, zinc, and gold resource extension drilling results at its Golden Grove mine, revealing potential for significant mine life extensions and a large mineralised system at depth.

GreenTech Metals has identified significant gold mineralisation at its Whundo project, boosting its economic prospects, while defining a large-scale copper-zinc exploration target. Metallurgical testing and mining studies are underway to assess near-term production potential.

Bathurst Resources Limited has announced a substantial increase in its marketable coal reserves, driven by key project developments and positive feasibility studies, while total resources saw a slight decline due to reassessments and mining depletion.

Dreadnought Resources has secured $18 million to fast-track its Mangaroon and Illaara gold projects, while boosting its Star of Mangaroon resource by 36% and unveiling significant rare earth discoveries at Gifford Creek.