Latest Mining Licencing News

Adavale Resources has reinforced the continuity of gold mineralisation beneath its London-Victoria open pit, reporting significant drill intercepts including 31m at 1.29g/t Au just 16m below the pit floor, underpinning near-term production prospects and a forthcoming resource update.

Sabre Resources has secured 4,000km2 of prime gold-copper ground near Tennant Creek and kicked off its maiden drilling campaign at Kurundi North, aiming to replicate world-class mineralisation.

Strata Minerals is pushing forward multiple technical workstreams at its Zelica Gold Project in Western Australia, backed by BML Ventures. These initiatives aim to de-risk mine planning, processing, and permitting as the project moves closer to development.

Verity Resources has upgraded its Monument Gold Project with a maiden indicated resource and is progressing development studies, while its Botswana copper-silver and Brazil rare earth projects offer multiple growth avenues.

Azzuro Resources has locked in a major copper-gold discovery at its newly acquired Red Hill project in Mongolia, confirming a high-grade VMS system over nearly 550 metres of strike with significant expansion potential.

Rokeby Resources (ASX: RKB) has secured the high-grade Omeo Gold Project, renewed a key mining licence, and launched a drilling campaign at Sunnyside to upgrade historical gold resources while raising $4.34 million.

Sovereign Metals has unveiled a robust Definitive Feasibility Study for its Kasiya project, projecting a US$2.2 billion pre-tax NPV and positioning the mine as a critical non-Chinese supplier of rutile, graphite, and heavy rare earths to the US and allies.

Estrella Resources has delivered a 27,371-tonne manganese stockpile with nearly 5,000 tonnes grading above 49% Mn at Ira Miri and declared a maiden 621Mt JORC Inferred limestone resource at Werumata, underpinning its emerging Timor-Leste portfolio.

Astron Limited is progressing a $220 million senior debt facility for its Donald Rare Earth and Mineral Sands Project, targeting a Final Investment Decision in Q3 2026. The company’s joint venture partner Energy Fuels Inc. is expanding its rare earth supply chain with a $1.9 billion acquisition, while a revised Phase 2 study boosts the project’s combined NPV to $2.3 billion.

Aurum Resources has delivered a robust Pre-Feasibility Study and maiden Ore Reserve for its Boundiali Gold Project in Côte d’Ivoire, confirming a large-scale, economically compelling gold development targeting first production in early 2028.

Prodigy Gold’s latest scoping study for the Hyperion Gold Project outlines a viable open pit operation with a 260,000-ounce production target and strong financial metrics. Meanwhile, exploration funding and ore sorting advances at Old Pirate support near-term development prospects.

Xingye Gold has intensified its push for Far East Gold shareholders to accept its unconditional takeover offer by 29 July 2026, highlighting unresolved project uncertainties and disputing Far East Gold’s own strategic disclosures.