Latest Mining Operations News

New Frontier Minerals has lodged a mining lease application for the Big One Copper Deposit in Queensland’s Mt Isa belt, aiming for first production in early 2027. The move solidifies tenure over a key copper asset and advances plans for open-cut mining with processing through Austral Resources’ Mt Kelly facility.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

AusQuest’s diamond drilling at the Cangallo project in Peru has more than doubled the known depth of copper mineralisation, revealing a large-scale porphyry system with promising near-surface enrichment.

MLG Oz Limited has extended its contract with Rio Tinto at the Western Turner Syncline Mine by three months, adding approximately $5 million in revenue through March 2026.

TechGen Metals has identified multiple high-potential copper, gold, silver, and antimony targets across its Australian projects, setting the stage for a significant drilling campaign starting late 2025.

Eagle Mountain Mining Limited (ASX – EM2) has had its trading suspension lifted following the announcement of a proposed capital raising, signaling renewed market activity.

Scorpion Minerals has inked a strategic MOU with Chinese battery materials giant GreatPower, unlocking USD 10 million in staged funding to accelerate lithium project development in Western Australia.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

Celsius Resources reports metallurgical test results from its MCB Copper-Gold Project in the Philippines, demonstrating strong copper and gold recoveries that reinforce the project's economic potential.

Gorilla Gold reports robust drilling results from its Comet Vale Gold Project, setting the stage for a significant December 2025 resource update. The company’s exploration success at Cheer, Lakeview, and Sovereign prospects highlights promising high-grade gold intercepts.

Capricorn Metals has released a conceptual study indicating promising underground mining opportunities at its Orion South deposit within the Mt Gibson Gold Project, potentially boosting gold production beyond current open pit plans.

Capricorn Metals has expanded its Orion South Underground Mineral Resource Estimate at Mt Gibson to 895,000 ounces, marking a 31% increase since July 2025. This growth, driven by extensive diamond drilling, underscores the project's underground potential alongside ongoing open pit operations.