Latest Mining Operations News

Zimplats reported a decline in mining volumes and metal output for Q3 FY2025, alongside a rise in operating costs, while advancing key capital projects on schedule.

Mt Malcolm Mines NL reports strong Q1 2025 progress with high-grade gold recoveries and significant revenue from its Golden Crown Prospect bulk sampling program.

Core Energy Minerals has expanded its uranium portfolio with key South Australian acquisitions and secured $3.7 million in funding, setting the stage for maiden drilling at the Cummins Project.

Chilwa Minerals advances its critical minerals exploration with over 3,000 metres drilled at key deposits, a strategic assay lab shift to South Africa, and expanded local lab operations to support growing activity.

Tribune Resources delivered steady gold output and continued underground development in the March 2025 quarter, while improving cost efficiency and maintaining positive cash flow. Exploration drilling at key prospects promises potential resource upgrades ahead.

Rand Mining reported a solid March quarter with 4,909 ounces of gold produced and ongoing underground development, though cash reserves dipped to $2.33 million reflecting operational pressures.

Kaiser Reef Limited has announced a transformative acquisition of the Henty Gold Mine from Catalyst Metals, alongside a substantial capital raise and operational advancements, positioning the company for significant growth in gold production.

Aurumin Limited has reported a significant 33% increase in its Plum Pudding gold resource, now totaling 18,700 ounces, alongside promising high-grade iron ore results that have led to an expanded joint venture footprint with Newcam Minerals.

Magnetite Mines has submitted a key Mining Lease Proposal for its Razorback Iron Ore Project and is progressing strategic funding agreements, including a $7 million convertible note facility. The company also filed a provisional patent for a novel saline water processing method, underscoring its technical innovation in green iron production.

Critica Limited has declared a maiden Inferred Mineral Resource Estimate for its Jupiter Project, establishing it as Australia’s largest and highest-grade clay-hosted rare earth deposit. Early metallurgical testwork shows promising beneficiation results, positioning the company as a strategic player in the rare earths sector.

Hillgrove Resources reported a robust March quarter with a 12% increase in copper production and a 92% rise in mine operating cash flow, underpinned by a successful $18 million capital raise to accelerate growth at Kanmantoo.

Nickel Industries delivered a robust US$97.3 million Adjusted EBITDA in Q1 2025 despite production challenges and a declining nickel price. Key milestones include approval to nearly double Hengjaya Mine’s ore sales quota and a strategic deferral of substantial ENC acquisition payments.