Latest Mining Operations News

Fenix Resources unveils a robust three-year plan to ramp up iron ore production from 2.4Mt in FY25 to 6Mtpa by FY28, anchored by its Weld Range Project. The company also raises FY26 guidance and initiates feasibility studies for further expansion.

Neometals has signed a non-binding Letter of Intent with BML Ventures to jointly develop the Ironclad Gold Deposit, aiming for early production through a funded open-cut mining operation with profit sharing.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

SSH Group has commenced a focused drilling campaign at the Wagtail Gold Deposit to upgrade its high-grade resource and advance development plans under a profit-share agreement.

Star Minerals has received mining approval for its Tumblegum South Gold Project, setting the stage for mining to commence in early 2026. With robust production targets and a key partnership in place, the project is poised to advance swiftly.

Venari Minerals has taken a strategic step to de-risk its Red Mountain Lithium Project by securing private water rights and land in Nevada, a critical resource in the arid region. This move, alongside ongoing metallurgical testwork and an upcoming resource estimate, positions the project for advancement.

Hot Chili Limited's latest drilling at La Verde confirms a growing higher-grade copper-gold core near surface, promising to enhance the Costa Fuego project's economics and scale.

Ramelius Resources launches a substantial A$250 million share buyback program alongside a dividend increase, signaling confidence in its expanding gold production and cash flow profile.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Strickland Metals has announced a maiden inferred mineral resource of 1.2 million ounces of gold at its Gradina Deposit in Serbia, boosting the Rogozna Project’s total resource to 8.6 million ounces gold equivalent. The deposit remains open for expansion, setting the stage for further growth in 2026.

Rox Resources has ramped up operations at its Youanmi Gold Project, transitioning to 24-hour mining and completing key infrastructure ahead of production. The company is advancing permitting and financing milestones to maintain its development momentum.

Globe Metals & Mining has completed a significant A$8.67 million private placement, issuing shares and options to key investors to advance its Kanyika Niobium Project in Malawi.