Latest Mining Operations News

Legacy Minerals leverages AI to pinpoint 38 new gold-silver-copper targets at Mt Carrington, advancing exploration beyond its 115Moz silver equivalent resource with imminent drilling at Emu Prospect.

Peninsula Energy has completed a fully underwritten A$36.1 million equity raise backed by institutional investors including Washington H. Soul Pattinson, alongside a US$30 million convertible note facility to support its Lance Uranium Project ramp-up.

TMK Energy has inked a MoU with Dashvaanjil Group to develop a 1MW gas-to-power plant at its Gurvantes XXXV project, aiming to secure reliable onsite power and open commercial gas sales by Q3 2026.

GR Engineering Services has been appointed preferred contractor for Ora Banda's $233 million Davyhurst Expansion Project, marking a major EPC win in WA's gold sector.

Encounter Resources has achieved strong metallurgical recoveries of 51-53% niobium and up to 57% Nb2O5 concentrate grade from the Green deposit at its Aileron Project, validating conventional processing methods and supporting multi-decade mining potential.

Maronan Metals has reported robust assay results from its 2025 infill drilling, revealing significant shallow copper-gold and silver-lead mineralisation that could boost early mining inventory. A revised boxcut design also promises to cut excavation volumes substantially.

Unity Metals has extended its gold discoveries at the Ngot Gold Project in Cambodia, hitting mineralisation in all four drilled prospects with notable results near the Okvau Mine.

Ausgold Limited has promoted Ben Stockdale from CFO to CEO and appointed Reece Olney as GM Operations, reinforcing its leadership as the Katanning Gold Project approaches a final investment decision.

Sunstone Metals has reported significant new drill results at its Bramaderos project in Ecuador, with wide gold-copper mineralised zones extending beyond the current 3.6Moz resource. The ongoing drill program is set to upgrade a large exploration target, reinforcing the project's growth potential ahead of a resource update later this year.

Minerals 260 has significantly expanded its Bullabulling Gold Project footprint by acquiring joint venture interests over 350km2 of highly prospective tenements adjacent to its existing holdings, boosting the total project area to 1,160km2. This $7 million deal consolidates key exploration ground and adds new targets near established deposits.

Everest Metals Corporation (ASX:EMC) has delivered a maiden JORC Mineral Resource Estimate for its Revere Gold Project in Western Australia, outlining 15 million tonnes at 0.54 g/t gold for 260,780 ounces. The near-surface, open-pit amenable resource spans the Big John and Armstrong deposits, with further drilling planned to expand and upgrade the resource.

Freehill Mining has secured and reviewed the Mineral Resource Estimate block model for its Blanco y Negro copper-gold project in Chile, enabling accelerated underground mine planning and highlighting growth potential amid a strengthening copper market.