Latest Mining Project Development News

Alice Queen Limited is updating its Horn Island Gold Project valuation following a dramatic gold price increase, with a refreshed scoping study and resource estimate expected by mid-2026. The company has also raised $1 million to support exploration and development activities.

Australian Strategic Materials reports a significant 75% jump in NdFeB alloy deliveries at its Korean Metals Plant and advances heavy rare earth production, while announcing a transformative acquisition offer from Energy Fuels Inc.

Orion Minerals reported a December 2025 quarter marked by significant cash outflows offset by fresh financing, including a major convertible loan and ongoing talks with Glencore for substantial project funding.

Orion Minerals is finalising a major financing and offtake agreement with Glencore, advancing its transition to a mining company with first copper and zinc concentrate expected by late 2026.

Genmin Limited has completed a A$25.7 million placement, cleared its debt, and made significant strides in financing its Baniaka iron ore project in Gabon, including a strategic partnership with Chinese SOE SHICO.

RTG Mining is advancing swiftly towards a near-term start-up of its high-grade Mabilo Copper and Gold Project in the Philippines, supported by a full financing agreement with Glencore. Meanwhile, promising exploration results from the Chanach Project in Kyrgyzstan and ongoing engagement in Bougainville signal a diversified growth pipeline.

Maronan Metals has secured crucial environmental approvals and completed promising drilling and metallurgical work, underpinned by a strong capital raise and rising silver prices.

Marmota Limited has reported a striking 900-metre-long high-grade gold discovery at its Greenewood prospect, significantly expanding its Gawler Gold Project in South Australia. The company’s maiden drilling program delivered exceptional assay results, setting the stage for an upcoming scoping study.

American Uranium Limited has reported significant progress at its Lo Herma ISR uranium project, completing extensive drilling and validating aquifer conditions that support in-situ recovery mining. The company is poised to update its resource estimates and advance development plans in 2026.

WIN Metals has unveiled a robust scoping study for its Butchers Creek Gold Project, confirming a 9-year mine life and solid economics, while exceptional high-grade drilling at its Radio Gold Project points to near-term development potential.

Canyon Resources advances steadily on its Minim Martap Bauxite Project with mining operations set to begin in February 2026 and a strong equity raise underpinning development.

PC Gold Ltd has secured approvals to re-open the historical Spring Hill underground adit, enabling cost-effective underground drilling to assess high-grade gold mineralisation and potentially expand its resource base.