Latest Mining Project Development News

Minerals 260 Limited has expanded its Bullabulling Gold Project drilling program to 110,000 meters following strong high-grade gold intercepts, with an updated resource estimate due in December 2025. Initial metallurgical tests show gold recoveries exceeding 95%, bolstering project economics as the pre-feasibility study advances.

Marmota Limited’s inaugural drilling program at the Greenewood gold discovery in the Gawler Craton has revealed exceptionally high-grade gold intersections, extending the mineralised zone to 900 metres. The company also strengthens its leadership with a new project manager to advance its Gawler Gold projects.

Terramin Australia progresses key mining projects including Tala Hamza zinc drilling and Kapunda copper testing, while awaiting a crucial appeal hearing for its Bird in Hand gold project.

Jindalee Lithium has launched a $1 million Share Purchase Plan at 55 cents per share, complementing a recent $8 million placement, to fund its McDermitt Lithium Project and repay convertible securities.

Freehill Mining reports strong magnetite concentrate grades at its Yerbas Buenas project, while advancing its aggregates business and exploring copper-gold opportunities in Chile.

Aurora Energy Metals reports strong metallurgical results and progress toward Eagle Energy Metals’ Nasdaq listing, advancing the Aurora Uranium Project’s development.

Australian Strategic Materials secures A$50.8 million via share placement to fund Korean plant expansion and advance US metals project, while navigating complex supply chain and funding risks.

Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a pivotal step in its Lake Carey Gold Project. The company also advances its AngloGold Option Agreement and outlines ambitious exploration and development plans.

Toubani Resources has locked in a comprehensive A$395 million funding package, fully financing the development of its Kobada Gold Project in Mali and positioning itself as a future high-margin West African gold producer.

Pacgold Limited announces acquisition and phased restart of the White Dam gold project, targeting near-term production and resource expansion with a $12.4 million funding plan.

Mammoth Minerals has initiated its first-ever diamond drilling campaign at the Excelsior Gold-Silver Project in Nevada, aiming to unlock detailed geological insights and advance metallurgical testing. Meanwhile, the company has deferred payment terms on its Skyline Copper Project in Canada as it sharpens focus on US gold assets.

Capricorn Metals delivered a robust start to FY26 with record quarterly gold production at Karlawinda, while advancing major expansion projects on schedule and within budget.