Latest Mining Projects News

Resolute Mining’s half year profit more than doubled to $162.6 million, buoyed by soaring gold prices that offset a 31% drop in production. The company advances its Doropo project with key approvals and secures robust local financing.

Freehill Mining has appointed seasoned engineer Marco Meneses to spearhead development at its Blanco y Negro copper-gold project, coinciding with Chile's planned legislative change to double processing thresholds for small miners, enhancing project viability.

Sierra Nevada Gold (ASX: SNX) reports exceptional surface rock chip assays up to 15.8% copper and 5.83g/t gold at its As Safra project in Saudi Arabia, identifying a new undrilled copper target and expanding existing zones ahead of a larger Phase 2 drilling program.

QX Resources has unveiled a significant JORC-compliant Exploration Target for its Madaba Uranium Project in Tanzania, estimating 18–33 million pounds of uranium oxide at grades suitable for open-pit mining. The company aims to convert this target into a maiden Mineral Resource with drilling planned for late 2026.

WA Gold's reconnaissance drilling at Bullabulling reveals promising gold anomalism within key shear zones, setting the stage for targeted deeper RC drilling later this year.

Macmahon Holdings delivered a tenth consecutive year of growth with revenue up 7.9% to $2.6 billion and net profit after tax soaring 36.8% to $101.1 million, underpinned by strong contract wins and operational discipline.

Midas Minerals has pushed the boundaries of its Spaatzu Prospect at Otavi, Namibia, with consistent high-grade copper and silver intercepts now confirmed along a 1.2km strike. The discovery enhances the project’s resource potential ahead of planned updates in early 2027.

Gorilla Gold Mines has expanded the high-grade Val gold discovery at its Vivien Project in WA, with mineralisation now traced over 400m strike and down-dip near existing underground infrastructure.

Temas Resources posted a CAD 2.63 million loss for H1 2026, driven by ramped-up exploration and RCL technology development, while securing $1.5 million in fresh funding and signing initial RCL licensing contracts.

Orezone Gold Corporation’s latest drilling at Bomboré reveals significant extensions and high-grade zones, setting the stage for a material resource and reserve upgrade expected in early 2027.

Dreadnought Resources has identified a substantial 15-kilometre gold-in-soil anomaly along the Minga Bar shear at its Mangaroon Gold Project, extending known mineralisation zones and setting the stage for targeted drilling by early 2027.

Sky Metals releases a Pre-Feasibility Study confirming Tallebung's robust economics with a 7.3-year mine life, strong cashflows, and rapid capital payback, targeting mid-2028 production.