Latest Mining Economics News

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.

Titan Minerals reports significant wide, high-grade gold and silver drill intercepts at its Dynasty Gold Project, signaling strong potential for resource growth ahead of a Mineral Resource Estimate update scheduled for early 2026.

Rumble Resources has commenced diamond drilling at its Western Queen Gold Project, progressing an underground mining scoping study that shows better economics than open pit options. A new processing partnership with Gylden Resources could streamline ore treatment.

Connected Minerals reports robust Phase 2 drilling results at its Etango North-East uranium project in Namibia, with 17 of 23 holes returning economic uranium grades and confirming promising geological parallels to a world-class deposit.

Alkane Resources reports its inaugural JORC-compliant Mineral Resources and Ore Reserves for the Costerfield Property, highlighting a robust resource base and a mine life extended to 2030. The recent True Blue Deposit discovery further bolsters the project’s potential.

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Resources & Energy Group Limited (ASX, REZ) has announced its first inferred mineral resource at the Gigante Grande prospect, part of the East Menzies Gold Project in Western Australia, marking a significant milestone with 40,700 ounces of gold identified within an optimised open pit shell.

Ora Banda Mining Limited reports a 24% increase in Ore Reserves and a Mineral Resource growth to 2.11 million ounces at its Davyhurst Gold Project, setting the stage for an ambitious $73 million exploration program in FY26.

Catalyst Metals has doubled its gold Reserves at the Plutonic Belt to 1.5 million ounces, underpinning a bold plan to double annual production to 200,000 ounces over the next decade.