Latest Mining Production News

Legend Mining Limited has completed the acquisition of the Pinnacle Well Project in Western Australia, marking its strategic entry into gold exploration while continuing progress at its Rockford Project.

Polymetals Resources Ltd has successfully completed a $15 million equity raise to replace debt and support the production ramp-up at its Endeavor Mine in New South Wales.

Capricorn Metals capped FY25 with a strong Q4 at Karlawinda, delivering gold production at the upper guidance range while pushing forward major development milestones.

IRIS Metals has expanded its lithium exploration footprint in South Dakota by acquiring the 752-hectare Tin Mountain Extension, advancing its position as a leading US lithium explorer. Phase II drilling is underway, with assay results and a maiden resource estimate expected by late 2025.

Ausgold Limited’s Definitive Feasibility Study for the Katanning Gold Project confirms a robust 10-year open pit mine with strong production and financial metrics, setting the stage for rapid project advancement.

Develop Global Limited has launched a A$180 million equity placement to fast-track production and extend mine life at its Woodlawn and Sulphur Springs projects, positioning itself as a leading copper and base metals player on the ASX.

Diatreme Resources has announced a substantial upgrade to its Northern Silica Project’s Si2 Deposit, increasing the Measured Mineral Resource by 278% to 187.5 million tonnes. This milestone sets the stage for an upcoming Pre-Feasibility Study targeting a long-life silica sand operation.

AIC Mines Limited has launched a A$55 million equity raise alongside a A$10 million share purchase plan to fund a significant expansion of its Eloise Copper Mine processing capacity and advance the Jericho Copper Mine development.

Makilala Mining has appointed leading consultants to refine and optimise the MCB Copper-Gold Project’s mine plan and infrastructure design, aiming to enhance operational efficiency and environmental outcomes.

Cokal Limited has secured US$15 million in strategic debt funding to ramp up metallurgical coal production at its BBM mine, while terminating all agreements with Cratus due to non-performance.

Develop Global has commenced concentrate production and cashflow at its Woodlawn copper/zinc mine, marking a significant milestone in its strategy to become a leading ASX copper and base metals company.

Emmerson Resources’ joint venture partner Tennant Mining has begun commercial gold production at the Nobles Project near Tennant Creek, setting the stage for potential royalty payments and future development opportunities.