Latest Mining Operations News

Capricorn Metals has transformed its Mt Gibson Gold Project with a new underground mine, lifting annual production to 260,000 ounces and extending mine life to over 19 years, backed by a robust $6.1 billion NPV.

Resouro Strategic Metals has taken a crucial step toward turning its Novo Mundo Gold Project in Brazil from trial mining into a licensed commercial operation by lodging a Mining Concession Application covering 930 hectares.

VBX Limited has inked a framework agreement with a major Chinese aluminium group to potentially fund and purchase up to 3 million tonnes per annum of bauxite from its Wuudagu project, pending feasibility study outcomes.

Elementos Limited made significant strides in advancing its Oropesa Tin Project in Spain, securing key permitting milestones and expanding exploration tenure while strengthening its vertical integration strategy in Europe. Concurrent progress at its Cleveland project in Tasmania and a robust cash position underpin the company’s push toward a Final Investment Decision amid elevated tin prices.

Zeus Resources (ASX:ZEU) is set to acquire the Diaguili copper-gold project in Mauritania for US$2 million, backed by a fully funded $2 million placement. The shallow historical drilling shows promising copper grades, with mineralisation open at depth and along strike.

Kingsgate Consolidated has marked a major milestone at its Chatree Gold Mine, surpassing 200,000 ounces of gold production since March 2023. Meanwhile, remediation on Plant 1 progresses steadily, with partial operations maintaining output amid ongoing repairs.

Sun Silver has significantly expanded its Maverick Silver Project in Nevada by acquiring the Bayan Springs North Project and staking additional claims, consolidating a continuous 15-kilometre corridor with minimal prior drilling and a promising new exploration target.

Sandfire Resources capped FY26 with a 38% jump in quarterly copper equivalent output, record financials, and a strong FY27 production outlook.

Everest Metals has kicked off a 2,000m reverse circulation drilling program at its Mt Dimer Exploration Project in Western Australia, supported by a $145,000 co-funding grant from the WA Government’s Exploration Incentive Scheme. The campaign targets three high-priority gold anomalies adjacent to existing mining operations, aiming to extend known mineralisation.

Maritana Minerals has locked in temporary and permanent accommodation solutions to underpin workforce needs for its Black Swan Processing Hub and nearby gold projects, with camps set to be operational from August 2026 and early 2027.

Magmatic Resources’ Phase 3 drilling at the Weebo Project in WA has revealed significant bedrock gold mineralisation across several prospects, including a standout 13.9 g/t intercept at Scone Stone, with further drilling planned for late 2026.

Meeka Metals reports significant high-grade gold intersections well below the Turnberry Ore Reserve, coinciding with a strategic shift from open pit to underground mining amid contractor productivity issues.