Latest Mining Licencing News

BMC Minerals has moved the Kudz Ze Kayah project through a key regulatory gateway and reported high-grade drilling beyond the current reserve, but its first full year as an ASX-listed company also exposed the funding challenge ahead. The Canadian developer ended FY2026 with US$50.3 million in cash, no revenue and an auditor-highlighted material uncertainty over going concern.

Tivan has secured the regulatory and cultural heritage clearances needed to advance an 8,000-metre drilling campaign at its Molyhil tungsten project in the Northern Territory. The company will also issue 3.84 million shares as part-payment for the project acquisition, while its feasibility and proposed funding plans remain unfinished.

Ore Resources has extended lithium mineralisation beyond the current resource boundaries at its Big Red and Potoroo pegmatites, with drilling still open to the north and west. The results add exploration upside to Kangaroo Hills as the company advances strategic discussions and approvals for a potential DSO operation.

VHM has taken Goschen from a permitted project to a more financeable development, with Iluka committing to buy all planned rare earth concentrate and providing A$40 million in convertible note funding. The company remains pre-revenue, has not made a Final Investment Decision and will need further funding before construction can begin.

Kali Metals has reported a 2.36-metre intersection grading 10.8g/t gold from just 8.7 metres at its Marble Bar project in Western Australia. The Phase II results extend the shallow gold system across a cumulative 3km strike, but the project remains at the exploration stage with no mineral resource yet defined.

Botala Energy has secured three wholly owned Botswana prospecting licences covering 1,812km², taking its Serowe CBM footprint beyond 6,000km². The expansion comes as the company prepares to flow-test Serowe-3.5B, while the new acreage remains an interpreted exploration opportunity rather than a booked resource.

Aureka Limited is set to become a gold producer after signing a binding agreement to acquire High Grade Holdings, including the Fiddlers Creek underground mine and Wedderburn processing mill in Victoria. The majority scrip, low cash deal valued at $8.9 million unlocks immediate production and processing capacity for Aureka’s Victorian gold projects.

VHM Limited has clinched the last major regulatory hurdle for its Goschen Project with Planning Scheme Amendment approval, setting the stage for project financing and execution.

Aurum Resources has unveiled new high-grade gold intercepts from 22 diamond drill holes at its Boundiali BST1 deposit in Côte d'Ivoire, confirming ongoing resource growth potential and advancing development plans toward production by 2028.

Greenvale Energy has updated assay data for its 9km uranium paleochannel target at the Thunderball Project in the Northern Territory, confirming anomalous uranium readings and progressing permitting for maiden drilling.

Vertex Minerals has revised the Reward Gold Mine resource to 146,900 ounces at 16.68 g/t gold, boosting the Indicated grade by 36% to 21.17 g/t. The update refines geological confidence and outlines three priority underground drilling targets ahead of planned 2027 operations.

Great Southern Mining’s latest assays from the Blanc Plat target reveal promising shallow gold intercepts that may represent a northern extension of the Mon Ami deposit, bolstering resource growth prospects near Laverton.