Latest Mining Operations News

Canyon Resources boosts its control over Cameroon's key rail and port infrastructure with a significant stake increase in Camrail and a strategic investment in the Port of Douala, setting the stage for the Minim Martap bauxite project’s first shipment in late Q3 2026.

Chatham Rock Phosphate has secured a definitive financing agreement with Wetstone Global that doubles an existing loan to USD 300,000 and converts it into a 30% equity stake, granting Wetstone majority board control and potential for up to 70% ownership upon project milestones.

Tusker Minerals spotlights thick, high-grade heavy mineral sands near Cameroon's Douala port, targeting a low-cost development pathway with a pending JORC Exploration Target and planned infill drilling.

Neometals is pivoting towards gold production with a funded JV at its Barrambie Ironclad deposit, while simultaneously progressing a substantial lithium-potash brine project in Utah.

Freehill Mining’s aggregates division hit a new monthly sales high of $427,766 in April, a 23% jump from March, driven by operational upgrades and nearing completion of a key crusher installation. This momentum underpins its strategy to fund copper project development in Chile.

Brightstar Resources has secured full funding for its Goldfields Project, targeting 75,000oz gold production annually from mid-2027, while advancing the Sandstone Project towards a potential Tier-1 development with production aimed for 2029.

Axel REE reports thick, shallow rare earth mineralisation with strong heavy rare earth enrichment at Woolrich, underpinning plans for an Indicated resource upgrade and in-situ recovery trials.

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.