Latest Mining Operations News

Sun Silver Limited has initiated a focused drilling campaign at its flagship Maverick Springs Project in Nevada to upgrade its substantial 480Moz silver-gold resource and explore expansion opportunities.

Following its merger with Poseidon Nickel, Horizon Minerals reports a consolidated mineral resource portfolio featuring 1.8 million ounces of gold and 422,700 tonnes of nickel, positioning the company for sustained production and growth.

Lefroy Exploration has partnered with BML Ventures in a profit-sharing agreement to fast-track mining at the Lucky Strike Gold Project, backed by promising drilling results that validate and expand the resource base.

Errawarra Resources has acquired a controlling interest in the historically prolific Elizabeth Hill Silver Project in Western Australia's Pilbara region, positioning itself for significant resource growth and imminent drilling activities. The company also advances its capital raise and exploration efforts across multiple projects.

Ardiden Limited reported limited exploration activities during the March 2025 quarter at its Pickle Lake Gold Project, prioritizing the Eastern Hub for near-term opportunities while maintaining a strong cash position and no debt.

Everest Metals Corporation has launched a major aircore drilling campaign at its Revere Gold Project while advancing a pioneering rubidium extraction patent at Mt Edon, setting the stage for resource growth and near-term mining at Mt Dimer.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures, infrastructure planning, and social consultations, while maintaining a stable financial position.

Perenti’s underground mining arm Barminco will cease operations at the Khoemacau Copper Mine in Botswana by June 30, 2025, marking the end of a six-year contract amid financial challenges.

Magnetic Resources NL has significantly increased the Lady Julie North 4 gold deposit resource to 1.55 million ounces, supported by ongoing high-grade drilling and exceptional metallurgical recoveries of up to 97.5%. Feasibility studies for combined open pit and underground mining are advancing, targeting 150,000 ounces per annum over eight years.

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Iluka Resources reported a solid FY 2024 with $1.13 billion in mineral sands revenue and a net profit of $231 million, while advancing key projects like Balranald and Eneabba refinery.

Adriatic Metals has completed a two-tranche institutional placement raising A$80 million to fast-track its Vares Processing Plant expansion and support production growth at Rupice Mine.