Latest Mining Operations News

Tamboran Resources reports strong progress in its Beetaloo Basin pilot project, completing key wells and securing $70 million to fund drilling and infrastructure, aiming for first gas production by mid-2026.

FireFly Metals’ maiden drilling at the Rambler Main Mine within the Green Bay Project has uncovered high-grade copper-gold-zinc mineralisation extending well beyond historical limits, hinting at a potential new flagship deposit akin to the nearby Ming Mine.

Brightstar Resources has kicked off its second ore processing campaign under a key agreement with Genesis Minerals, while development at its Fish underground mine remains on track for first ore in June. The company is poised for growth with a near-complete feasibility study and increased drilling activity.

Auric Mining is set to complete its final gold processing campaign at Jeffreys Find, aiming to generate $3.5 to $4.5 million in cash distributions and surpass 30,000 ounces mined from the project.

Babylon Pump & Power is set to acquire Matrix Hydro Services, enhancing its water management capabilities in Western Australia’s mining sector, supported by a $3.5 million entitlement offer.

Freehill Mining is set to boost its Chilean operations with a second processing site launching in June, alongside advancing magnetite sampling and copper-gold exploration projects.

Carbine Resources has been granted a long-term mining lease for its Muchea Silica Sand Project, marking a significant step forward while awaiting further regulatory approvals.

Iltani Resources reports continued broad high-grade silver and base metals assay results from recent drilling at its Orient West project in Queensland, reinforcing its status as Australia's premier silver-indium discovery.

Prospect Resources has kicked off an extensive Phase 2 drilling campaign at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its maiden resource estimate while exploring new regional targets.

Savannah Goldfields has announced a new gold Exploration Target at its Electric Light Deposit within the Georgetown Project, potentially extending known mineralisation and supporting its processing plant feed strategy.

Strickland Metals is advancing its 7.4 million ounce Rogozna Gold and Base Metals Project in Serbia through expanded development studies, community engagement, and key management appointments. The company targets a scoping study release by year-end 2025.

Asra Minerals has executed a binding agreement to acquire the remaining 49% interest in the Mt Cutmore prospects, consolidating full ownership of a significant gold resource within the prolific Leonora North Gold Project.