Latest Mining Lease Extension News

St Barbara Limited has declared a fully franked dividend and is progressing construction and exploration across its New Simberi and Nova Scotia gold projects, supported by a strong cash position and no debt.

Grange Resources edges closer to a long-term mining lease extension for its Savage River North Pit Underground Project, but funding challenges emerge as a major shareholder pulls back support amid volatile markets.

Gullewa Limited progresses with Hunter Valley property construction, submits a critical mining lease extension for South Darlot, and boosts its Central Iron Ore stake through a rights issue.

St Barbara Limited is on track to complete key transactions with Lingbao Gold Group and Kumul Mineral Holdings, unlocking A$370 million in cash and advancing the New Simberi Gold Project.

Zenith Minerals has announced a maiden Inferred Mineral Resource of 675,000 ounces of gold across its Consolidated Dulcie Gold Project in Western Australia, more than doubling previous estimates and setting the stage for accelerated development.

St Barbara Limited reports solid progress on key transactions with Lingbao Gold Group and Kumul Mineral Holdings, aiming to complete deals and trigger a Final Investment Decision for the New Simberi Gold Project by the end of March 2026.

St Barbara Limited has secured a crucial extension of its mining lease for the New Simberi Gold Project until 2038, setting the stage for strategic investments and a significant production increase.

St Barbara Limited’s latest Feasibility Study confirms the Simberi Expansion Project as a long-life, low-cost gold and silver operation with robust economics and a 13-year mine life. The project promises over 2 million ounces of gold production and competitive costs, pending key regulatory approvals.

St Barbara Limited reports solid progress on its Simberi Expansion Project and Atlantic 15-Mile Processing Hub, with key milestones reached and strategic options under review.

Geopacific Resources advances its Woodlark Gold Project with promising drilling results at Kamwak and a crucial mining lease extension, while strengthening strategic partnerships and progressing its feasibility study.

St Barbara Limited reports steady progress on its Simberi Expansion Project in Papua New Guinea and Atlantic Gold Projects in Canada, despite production challenges and pending regulatory decisions. A recent A$58 million capital raise strengthens its financial position for growth.

St Barbara Limited forecasts a 21% increase in gold production for FY26 at its Simberi Operations, with costs expected between A$4,000 and A$4,400 per ounce. However, key capital investment decisions hinge on unresolved Papua New Guinea tax assessments and mining lease approvals.