Latest Mining Lease Renewal News

Besra Gold has received conditional renewal terms for its critical Bau Gold Project mining lease, marking progress amid ongoing tenure uncertainties and financial commitments.

Besra Gold appoints Dr Raymond Shaw as CEO, leveraging his four decades of experience to steer the Bau Gold project through ongoing operational and strategic hurdles.

Broken Hill Mines (ASX: BHM) reported a strong March quarter with a 29% ore grade increase and a 52% jump in silver output, driven by ramp-up at Rasp Mine and advancing Pinnacles development. Operational cashflow rose 45% to A$2.4m amid cost reductions and a strategic partnership with Kingfisher Mining.

Lode Resources has delivered a maiden JORC Mineral Resource Estimate at Montezuma, revealing a high-grade silver-antimony system with clear underground mining potential and ongoing exploration upside.

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

Greenwing Resources updates its strategy for the Que River Project, combining a renewed mining push with an innovative plan to develop digital infrastructure on site.

Quantum Graphite has extended its Uley 2 Project mining leases for 21 years, underpinning long-term development plans while showcasing its innovative TES Graphite Cells technology at a major energy conference. Financing discussions are progressing to potentially integrate downstream processing, signalling a pivotal phase for the company.

Besra Gold Inc has updated its Bau Gold Project resource estimate and is intensifying efforts to secure critical mining lease renewals, while restructuring its operations to sharpen capital discipline and technical oversight.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

Besra Gold Inc reveals significant challenges at its Bau Gold Project, including mining lease renewal uncertainty and a reduction in measured gold resources, prompting a strategic pivot to government and community engagement before advancing development.

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

Green & Gold Minerals has initiated a dual-rig drilling campaign at its Chillagoe Gold Project, aiming to grow its existing resource base and define a maiden resource at Little Wandoo. Initial assay results are anticipated within four weeks.