Latest Mining Production News

Lake Resources has clarified its latest cash flow report, highlighting $666k spent on environmental and power solution explorations while advancing key regulatory approvals for its Kachi lithium project. The company maintains a robust liquidity position and benefits from new technology partnerships aimed at reducing costs.

Conico Ltd has finalised a major recapitalisation and corporate restructure, positioning itself for renewed exploration with a focus on scandium amid strong market demand. The company plans an extensive drilling program at its Mt Thirsty project to expand its scandium resource.

Kore Potash has made significant progress on its Kola Potash Project with key engineering tests and marine drilling underway, while advancing a Formal Sale Process and securing a $12.2 million capital injection.

Summit Minerals has acquired the high-grade Keystone Project in Nevada and raised over $1 million through a rights issue, setting the stage for a strategic rebrand to Western Ridge Resources.

Gateway Mining has identified multiple large-scale gold targets across its Yandal projects, accelerating drilling programs backed by a strong capital position. New gold nugget discoveries and extensive geochemical anomalies highlight promising exploration momentum.

Reedy Lagoon Corporation is advancing preparations for drilling at its Burracoppin Gold and Iron projects in Western Australia, while actively seeking joint venture partners to fund next phases.

Burley Minerals is progressing its Cane Bore Iron Project with planned drilling following heritage surveys, while reviewing its Chubb Lithium Project strategy amid rising lithium prices. The company also relinquished its Yerecoin Iron Project due to legal challenges.

Rubix Resources has reported assay results from its Queensland Paperbark Project that align with expectations, revealing significant zinc, lead, and copper mineralisation. The company also advances exploration across multiple projects and pursues new asset acquisitions.

Vertex Minerals has advanced its underground gold production at the Reward Gold Mine, commissioning tele-remote mining systems and securing $4.5 million in loan facilities to support its ramp-up phase.

Ausmon Resources advances its rare earth elements exploration in South Australia’s Limestone Coast, unveiling promising drilling results and plans for detailed grid drilling in 2026. Concurrently, the company pursues base metals and gold prospects in New South Wales and Queensland.

Leeuwin Metals has delivered a maiden Mineral Resource Estimate of over 340,000 ounces at its Marda Gold Project, marking a significant milestone less than a year after acquisition. Strong drilling results at Evanston underpin promising resource growth prospects.

Torque Metals reports significant high-grade gold discoveries extending beyond current resources at its Paris Gold Project, backed by a $15 million placement that leaves the company well-funded for aggressive drilling in 2026.