Latest Mining Jurisdictions News

Midas Minerals has reported robust assay results from its first diamond drill hole at the Deblin deposit within Namibia’s Otavi Copper Project, revealing two substantial zones of high-grade copper sulphide mineralisation. The company is ramping up drilling efforts with plans to expand its rig fleet and expects further assay results later this year.

Lycopodium has secured a A$93 million EPCM contract to expand Artemis Gold’s Blackwater Mine in Canada, boosting the mine’s throughput capacity to one of the largest in the country.

Enova Mining’s latest auger drilling results at East Salinas confirm significant near-surface rare earth element mineralisation, reinforcing the project’s potential as a large saprolite-hosted REE system in Brazil.

FMR Resources has boosted exploration confidence at its Los Warbos Project in Chile following a detailed helicopter magnetic and radiometric survey, alongside rock chip sampling that returned significant copper and silver grades.

Future Metals NL has launched an updated Scoping Study for its Panton PGM-Ni-Cr Project, weighing a greenfield standalone operation against leveraging the idle Savannah processing facility to identify a cost-effective development route.

Kuniko Limited has secured A$1.30 million through a well-supported placement to advance its Commonwealth-Silica Hill gold-silver project in NSW, underpinning a Phase 2 drilling campaign targeting resource growth and exploration across a district-scale system.

OD6 Metals has completed its acquisition of the Quinn Fluorspar Project, consolidating 100% ownership of 226 mining claims in Nevada and positioning itself as a potential key domestic fluorspar supplier for the US.

AuKing Mining has agreed to acquire 100% of the Machinga Heavy Rare Earths Project in Malawi, adding a high-grade heavy rare earth and niobium asset to its portfolio. The acquisition includes a mix of cash, shares, and performance shares contingent on resource milestones, positioning AuKing to accelerate exploration in a geopolitically strategic region.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, tapping into a critical minerals asset with strong historical data and strategic positioning amid soaring molybdenum prices.

Black Bear Minerals’ latest scoping study for its Independence Gold Project in Nevada outlines a low-capital open-pit heap-leach operation with a post-tax NPV of around A$511 million and a rapid 1.4-year payback, based on a portion of the near-surface epithermal resource.

Sun Silver Limited’s latest drilling at the Maverick Silver Project in Nevada confirms extensive high-grade silver, gold, and antimony mineralisation beyond its current resource estimate, validating its geological model and underpinning resource growth ambitions.

Mont Royal Resources has released an updated Preliminary Economic Assessment for its Ashram Rare Earths and Fluorspar Project, outlining robust economics and a 30-year mine life. High-grade fluorspar at the nearby Mallard Prospect adds strategic by-product potential as the company advances towards a Pre-Feasibility Study.