Latest Mining Operations News

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Redcastle Resources has cleared key regulatory hurdles at Queen Alexandra and Redcastle Reef, setting the stage for mining operations and potential first gold revenues in 2026 under a capital-light joint venture with BML Ventures.
Maxwell Dee
Maxwell Dee
1 May 2026
Matsa Resources has kicked off a major diamond drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold while reporting robust $28.7 million gold sales and $6.1 million EBITDA from the Devon Pit Gold Mine.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Vertex Minerals accelerated gold production at its Reward Gold Mine to 284 ounces in the March quarter, supported by underground rehabilitation, operational upgrades, and new funding facilities. The company also expanded its exploration footprint with the Dun Dun licence and is pursuing 24/7 underground mining approval.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Cavalier Resources has boosted the net present value of its Stage 1 Crawford Gold Project by 50% to A$77.2 million in an updated Pre-Feasibility Study, despite rising costs. The company secured a US$18.7 million gold sale agreement and raised $4 million to fund pre-production activities.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Horseshoe Metals has unveiled a new copper Exploration Target of up to 3.6 million tonnes at its Motters Zone, while advancing Direct Shipping Ore operations supported by strong copper prices and precious metals credits.
Maxwell Dee
Maxwell Dee
30 Apr 2026
KGL Resources has secured a US$300 million streaming agreement with Wheaton Precious Metals, unlocking early construction funding for its Jervois Copper-Silver-Gold Project. The updated Baseline Economic Model highlights robust returns with a post-tax NPV8 of A$839 million and a 30% IRR, underpinning the path to production.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Freehill Mining’s aggregates business surged with a 59% jump in quarterly sales, while new copper project options promise to shift the company’s growth trajectory.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Terrain Minerals has completed major drilling campaigns across its flagship Lightning gold project and critical metals targets, setting the stage for a maiden resource estimate and advancing metallurgical studies on gallium and rare earth elements.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Encounter Resources (ASX:ENR) has reported a major 83% increase in the Green deposit’s inferred niobium resource at its Aileron project, lifting the combined inferred mineral resource by 54%. Meanwhile, copper-gold drilling advances in the Paterson Province as the company targets Havieron-style systems.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Adavale Resources reports strong assays from initial drillholes at London-Victoria, revealing high-grade northern lodes and broad southern mineralisation that underpin resource growth potential.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Saturn Metals has pressed forward with its Apollo Hill Gold Project, appointing Ausenco for the Definitive Feasibility Study and uncovering significant high-grade gold in the emerging Titan Zone, underpinning resource growth potential.
Maxwell Dee
Maxwell Dee
30 Apr 2026
Blackstone Minerals has cleared a key regulatory hurdle at its Mankayan Copper-Gold Project, lifting a Cease and Desist Order and initiating a Pre-Feasibility Study. The company also strengthened its board with mining veteran Mark Williams and reported a solid cash position of $14.6 million.
Maxwell Dee
Maxwell Dee
30 Apr 2026