Latest Mining Operations News

Redcastle Resources is accelerating its shift from exploration to production, with mining operations set to start by late May 2026 under a capital-light joint venture with BML Ventures.

MC Mining has secured a US$90 million capital injection from Kinetic Development Group, which now holds a 51% controlling stake, accelerating the Makhado Project towards production. New board appointments signal a strategic shift as the company pivots from development to operational ramp-up.

Lefroy Exploration has revised its Mt Martin gold resource estimate to 460,000 ounces at 1.6 g/t, marking a 5% increase driven by economic reclassification and deeper inferred resources. The company is advancing a 4,000m drilling program targeting high-grade extensions, with a scoping study set for the June quarter.

Alligator Energy has achieved 70% uranium recovery in its first well test at Samphire, with flow rates and uranium grades exceeding global ISR benchmarks, confirming the technical viability of its in-situ recovery approach.

Admiralty Resources has commissioned the transmission line at its Mariposa Iron Ore Project, securing direct grid power and reducing reliance on costly fuel generators.

Cosmo Metals has locked in a diamond drill rig to advance its high-impact program at the Kanowna Gold Project, targeting deep gold mineralisation near the Fitzroy Fault with government co-funding.

Avira Resources has cleared all major regulatory and heritage hurdles to kick off a 4,500-metre RC drilling campaign at its high-grade Mt Cattlin Gold Project, aiming for a maiden resource estimate by year-end.

Energy Transition Minerals has released a JORC-compliant Mineral Resource Estimate for its Penouta tin-tantalum-niobium mine in Spain, reinforcing its strategic role in Europe's critical minerals supply chain and setting the stage for a project restart.

MLG Oz Limited has locked in a five-year extension with Newmont’s Tanami Operations, promising $200 million in revenue and reinforcing its role as a key integrated mining services provider.

Nexus Minerals has formalised a partnership with Macro Gold Mining Services to develop the Crusader-Templar gold deposit, marking a key step towards production backed by recent permitting and a profit-share funding model.

Redcastle Resources has secured a 60% earn-in to the Kilkenny Belt Package, adding 64km² of tenements adjacent to its existing Eastern Goldfields holdings and reinforcing its dual strategy of near-term development and regional exploration.

Pacgold Limited has poured its first gold doré bar from the White Dam Gold Project, signalling its shift from exploration to production and initiating cash flow to support growth.