Latest Mining Operations News

Freehill Mining has produced a high-grade magnetite concentrate of approximately 66% iron from its Yerbas Buenas mine bulk sample, setting the stage for renewed mining operations in Chile.

Horizon Gold reports significant shallow and high-grade gold intercepts from recent drilling at its Gum Creek Project, setting the stage for resource upgrades and a pivotal feasibility study.

Lefroy Exploration has reported outstanding near-surface gold assay results from its Lucky Strike project, validating resource models and revealing promising high-grade zones. With diamond drilling underway to explore a potential larger Stage 2 pit, the company is advancing its development plans backed by partner funding.

Variscan Mines Limited continues to reveal promising high-grade zinc and lead mineralisation outside the existing resource boundaries at its Udías Mine in Spain, signalling significant growth potential for the Novales-Udías Project.

Ballard Mining Limited is set to raise $25-$30 million through an IPO to advance the Mt Ida Gold Project, boasting a 1.1 million ounce resource and significant exploration upside. The move follows a strategic demerger from Delta Lithium, positioning Ballard as a focused gold developer with an experienced leadership team.

High-Tech Metals has completed its acquisition of the Mt Fisher and Mt Eureka gold projects, gaining a substantial landholding and a combined resource of 187,000 ounces of gold. The company is set to launch an extensive drilling campaign and has partnered with SSH Mining to process historic stockpiles.

Manuka Resources has announced a comprehensive 10-year mine plan to produce 13.2 million ounces of silver plus gold credits from its Wonawinta and Mt Boppy projects, leveraging existing infrastructure and an upgraded processing plant.

Askari Metals has reported partial uptake in its recent entitlement offer for new options, raising about half of the targeted funds, with plans underway to complete the shortfall. The move supports ongoing exploration projects in lithium and uranium.

OzAurum Resources has reported significant new drilling results that extend gold mineralisation by 600 metres at its Mulgabbie North project, confirming high-grade zones and unveiling fresh exploration targets.

Orbminco Limited has initiated geophysical surveys at its Bronze Fox Copper-Gold Project in Mongolia, setting the stage for a targeted drilling program in Q3 2025 focused on high-grade copper-gold zones.

Mineral Commodities Ltd has confirmed an extension to the completion deadline for the sale of its Skaland Graphite Project, now set for no later than June 9, 2025, with financial penalties if delayed further.

NRW Holdings’ subsidiary Primero Group has landed a $157 million contract from Rio Tinto to deliver critical infrastructure at Hope Downs in Western Australia, extending their longstanding partnership.