Latest Mining Infrastructure News

Haranga Resources has wrapped up its underground drilling at the Lincoln Gold Project, delivering standout high-grade assays and setting the stage for a maiden JORC Mineral Resource Estimate next week.

Medallion Metals has kicked off reverse circulation drilling at Lounge Lizard and Teddy Bear within its Forrestania Gold Project, validating high-grade historical results and targeting a maiden resource by Q3 2026.

EVZ Limited projects full year revenue between $120 million and $125 million for FY26, alongside an EBITDA forecast of $8.5 million to $9 million, reflecting improved margins and operational efficiency.

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.

Admiralty Resources has commissioned the transmission line at its Mariposa Iron Ore Project, securing direct grid power and reducing reliance on costly fuel generators.

Nexus Minerals has formalised a partnership with Macro Gold Mining Services to develop the Crusader-Templar gold deposit, marking a key step towards production backed by recent permitting and a profit-share funding model.

Strickland Metals has reported a significant new gold-copper discovery at its Red Creek Prospect near the Shanac Deposit, alongside a maiden indicated resource of 1.25Moz AuEq at Shanac. The company secured $55 million to fund extensive drilling and pre-feasibility studies at its Rogozna Project in Serbia.

Lodestar Minerals has confirmed visible copper and IOCG-style mineralisation in its second drill hole at the Three Saints Project, extending the mineralised system over a 700-metre strike length. Drilling is ongoing with assay results expected by early July.

Alma Metals has launched an extensive drilling campaign at its Briggs Copper Project in Queensland, aiming to upgrade and grow its 2 million tonne copper resource ahead of pre-feasibility studies.

Toubani Resources has kicked off construction at its Kobada Gold Project in Mali following a positive Final Investment Decision, while securing a US$83.5 million financing package to support development.

Octava Minerals has delivered its first drilling results in nearly 50 years at the Federation Project in Tasmania, revealing significant copper, indium, tin, antimony, lead, and zinc mineralisation across multiple styles.

Miramar Resources has completed a 19-hole RC drilling program at its Gidji JV Gold Project, revealing extensive shallow gold mineralisation including high-grade hits. The company also progressed project sales and acquisitions, supported by a $1.49 million capital raise and board reshuffle.