Latest Mining Operations News

BMG Resources has signed a key Memorandum of Understanding to process ore from its Abercromby Gold Project at the nearby Matilda Processing Plant, marking a pivotal step toward production. This agreement supports BMG’s transition from developer to gold producer amid a strong gold price environment.

Polymetals Resources has halved its US$20 million debt facility and raised A$15 million in equity to support the Endeavor Mine's transition to steady production.

EQ Resources has successfully raised A$4 million through a strongly supported placement to fund expansion and optimization at its Mt Carbine tungsten mine, reinforcing its position amid global supply challenges.

Black Cat Syndicate has inked a binding agreement to purchase up to 125,000 tonnes of ore from Auric Mining, aiming to boost gold production at its Lakewood facility starting September 2025.

Auric Mining has finalized a crucial toll milling and ore purchase agreement with Black Cat Syndicate, enabling processing of up to 125,000 tonnes of ore from its Munda Starter Pit. This milestone sets the stage for gold production commencing in October 2025 and expected cash flow in the final quarter of the year.

Korab Resources faces renewed uncertainty at its Rum Jungle Project after the Supreme Court invalidated the renewal of two key mineral leases due to a conflict of interest in the decision-making process.

Australian Pacific Coal Limited has voluntarily suspended trading following the appointment of administrators and receivers at its Dartbrook Mine operator entities, signaling significant financial distress within the joint venture.

Australian Mines Limited reveals promising exploration outcomes from its Boa Vista Gold Project in Brazil, highlighting significant gold intercepts and a strategic earn-in agreement. The project’s open mineralisation and upcoming drilling program signal strong growth potential.

New Murchison Gold Limited has reported additional high-grade gold intercepts from its Crown Prince Gold Project, reinforcing the continuity of mineralisation and suggesting potential outperformance ahead of mining. These results mark a significant step forward for the company’s Garden Gully Gold Project near Meekatharra, Western Australia.

Battery Age Minerals has initiated its first diamond drilling campaign at the Bleiberg Zinc-Lead-Germanium Project in Austria, aiming to unlock high-grade critical minerals essential for advanced technologies and European supply security.

Marimaca Copper has reported exceptional high-grade copper intersections at its Pampa Medina deposit, significantly expanding the known mineralized area and hinting at a major new sediment-hosted copper system in Chile.

Almonty Industries has announced a 1-for-1.5 share consolidation approved by shareholders to streamline its capital structure in preparation for a potential Nasdaq listing.