Latest Mining Proposals News

Classic Minerals has restated its 80% beneficial interest in the Forrestania Gold Project, emphasizing that recent acquisitions by Forrestania Resources do not affect its rights, which remain protected amid ongoing Supreme Court litigation.

TG Metals Limited has achieved over 90% gold recovery in heap leach testwork on its Laterite resource at the Van Uden Gold Project, advancing preparations for a final investment decision in Q3 2026.

Odyssey Gold’s metallurgical testwork on weathered material from its Cable deposit starter pit has delivered a rapid 95.9% gold leach recovery, supporting early mining potential at the Tuckanarra Project in WA.

TG Metals targets a potential doubling of its laterite gold resources at Van Uden, advancing heap leach project designs and awaiting drilling approvals.

Magnetic Resources NL has reported significant new drilling results at its Lady Julie North 4 deposit, confirming multiple thick, high-grade gold zones and extending mineralisation down to 640m, with the resource remaining open at depth.

TG Metals reports exceptional metallurgical results from heap leach testwork on Laterite gold at Van Uden, unlocking a potential low-cost, near-term cashflow opportunity from over one million tonnes of surface material.

Nexus Minerals has kicked off an extensive reverse circulation drilling program at its Wallbrook Gold Project, targeting resource growth across four key prospects while advancing permitting and operational partnerships.

Magnetic Resources has secured court approval to convene a shareholder meeting on 3 June 2026 to vote on Genesis Minerals’ proposed acquisition. The scheme booklet, including an independent expert’s report, will be released on 29 April, with Magnetic’s board unanimously backing the deal.

Dreadnought Resources accelerated progress on gold and critical metals fronts in the March quarter, securing mining approvals, expanding its rare earth portfolio, and delivering high-grade drill results at key prospects.

Dreadnought Resources has obtained regulatory approval for open pit mining at its Star of Mangaroon gold project in Western Australia, advancing its strategy to become a self-funded explorer by outsourcing development and processing.

Delta Lithium’s March quarter report highlights robust high-grade lithium drilling at Mt Ida, successful production of battery-grade lithium and rubidium carbonates, and ongoing exploration progress at Yinnetharra, supported by a strong $52 million cash position.

Metro Mining Limited (ASX:MMI) is set to reduce its share count drastically through a 20-for-1 consolidation, pending shareholder approval at the upcoming AGM. This move will slash its ordinary shares from over 6 billion to just over 300 million, reshaping its capital structure.