Latest Mining Operations News

Neometals has secured a 30-day extension to its exclusivity period with BML Ventures for the Ironclad Deposit development, allowing both parties to finalise due diligence and internal studies ahead of a joint venture agreement.

Sheffield Resources has withdrawn its March quarter production and shipment guidance for the Thunderbird Mineral Sands Mine due to ongoing operational challenges, including equipment failures and weather impacts. The company has initiated management changes and plans to commence shipments of a new HiTi concentrate product this month.

Odyssey Gold Limited has reported promising assay results from metallurgical drillholes at its Tuckanarra Project, highlighting significant gold grades that surpass historic drilling. These findings underpin ongoing mining proposals and future resource upgrades.

Torque Metals has appointed a seasoned leadership team from Spartan Resources to spearhead exploration and development at its Paris Gold Project near Kalgoorlie, backed by a $3 million capital raise.

Canyon Resources has mobilised its surface miner to the Minim Martap site, targeting first bauxite production in early Q2 2026 and shipment by Q3, fully funded despite a failed equity raise.

Vertex Minerals has renegotiated a $3 million loan and secured an additional $1.5 million facility to support underground development and gold production at its Reward Gold Mine, aiming to repay from positive cash flow in 2026.

Ora Banda Mining has reported a staggering 964% increase in its Round Dam gold resource, boosting its total global mineral resources to 3.3 million ounces. This leap underscores the company’s aggressive organic growth strategy and ongoing exploration success.

Savannah Goldfields reports steady gold pours at its Georgetown plant through early 2026, with a planned maintenance pause and a clear roadmap to resume mining and processing activities in the coming months.

Strata Minerals is set to restart drilling at its Zelica Gold Project, aiming to expand high-grade gold zones and fast-track a maiden resource estimate. The project corridor now extends over 8km following a recent acquisition.

Chariot Resources has secured Nigerian government approval for the transfer of six lithium licenses, marking a key step toward acquiring a majority stake in a promising Nigerian lithium portfolio. This regulatory milestone enables immediate exploration and mining activities at multiple projects amid soaring lithium prices.

OzAurum Resources has secured environmental approval for Stage 1 of its Mulgabbie North Gold Project, clearing a major regulatory hurdle and accelerating its path to near-term production.

North Stawell Minerals has launched a 2,000-2,500m air core drilling program targeting high-grade gold zones at its Victorian Darlington and Caledonia projects, following promising earlier results.