Latest Mining Lease Extensions News

St Barbara Limited has locked in A$470 million in funding through strategic partnerships with Lingbao Gold Group and Kumul Mineral Holdings, fully financing the Simberi Gold Project expansion and accelerating its development timeline.

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 has extended the Woodlark Gold Project Definitive Feasibility Study to Q1 2026, aiming to integrate optimisation and de-risking measures amid a gold price surge and promising drilling results.

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.

St Barbara Limited advances negotiations with Papua New Guinea authorities on the Simberi Mining Lease extension, while awaiting revised tax reassessments that could unlock project expansion.

St Barbara Limited reveals strategic progress on its Simberi Sulphide Expansion and Atlantic Projects, underpinning a robust production outlook and advancing key regulatory approvals.

Geopacific Resources has won a crucial extension on its Woodlark Mining Lease in Papua New Guinea, providing vital flexibility to progress its 1.67 million ounce gold project ahead of a definitive feasibility study due later this year.

The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.

Zenith Minerals has announced a significant 41% increase in the inferred gold resource at its Dulcie Far North Project, now totaling 302,000 ounces. This milestone follows extensive drilling and strategic land consolidation, positioning the project for further growth.