Latest Mining Operations News

True North Copper is set to acquire Renegade Exploration’s stake in the Carpentaria Joint Venture, integrating the Mongoose resource with its Taipan deposit to boost the Cloncurry Copper Project’s scale and development potential.

Native Mineral Resources (ASX:NMR) has delivered strong diamond drilling results at its Blackjack Mine, Queensland, confirming and exceeding previous gold grades. Mining has resumed with ore processing underway, supported by new infrastructure and ongoing development.

29Metals Limited (ASX:29M) swung to a $24 million net profit in 2025, powered by steady copper output at Golden Grove despite seismic disruptions, cost efficiencies, and key progress on growth projects including Gossan Valley and Capricorn Copper restart.

SSH Group Ltd reported a 44% reduction in hire purchase debt alongside $48.4 million in rolling 12-month cash receipts, while progressing high-grade drilling and mining operations at Wagtail and Gold Duke projects.

Moho Resources has finalised the sale of its Silver Swan North Project, receiving an initial $500,000 payment and securing future milestone and royalty income. The deal strengthens Moho’s balance sheet as it intensifies exploration at its Bush Chook Gold Project in Western Australia.

Sheffield Resources reported a fire at its Thunderbird Mineral Sands Mine feed preparation plant during maintenance, causing limited damage and no injuries. Operations resumed within two days after safety checks.

Brazilian Critical Minerals and Southern Alliance Mining have agreed to collaborate on rare earth production, focusing on in-situ recovery methods to leverage operational experience and advance BCM’s Ema project.

Krakatoa Resources has restructured its acquisition of the Zopkhito Antimony-Gold Project in Georgia, adopting a staged earn-in model that reduces upfront payments and prioritises capital deployment into exploration and development activities for 2026.

Paladin Energy has lifted its uranium production guidance for FY2026 at the Langer Heinrich Mine, citing strong ramp-up progress and improved processing metrics. The company also trimmed capital expenditure forecasts while maintaining sales and cost outlooks amid geopolitical uncertainties.

European Resources Limited has more than doubled the inferred resource at its Korsnäs rare earth elements project in Finland to 15.4 million tonnes at 1.00% total rare earth oxides, driven by new drilling, re-assaying of historical core, and a refined geological model.

TG Metals Limited has unveiled a major Mineral Resource Estimate upgrade for its Van Uden Gold Project, with Indicated gold ounces surging 120% to 152,600 oz and total pit constrained resources reaching 270,800 oz at 1.06 g/t Au. This marks a significant step in advancing the project towards near-term production.

Argent Minerals has reported a landmark 133.1m intercept averaging 72.4 g/t silver equivalent from near surface at its Kempfield Project, including a stunning visible gold assay that deepens the resource by 80 metres and underscores its polymetallic potential.