Latest Mining Resources News

FireFly Metals has raised approximately A$180 million through a dual-market equity raising to accelerate development of its Green Bay Copper-Gold Project in Newfoundland, Canada.

Vertex Minerals has revised the Reward Gold Mine resource to 146,900 ounces at 16.68 g/t gold, boosting the Indicated grade by 36% to 21.17 g/t. The update refines geological confidence and outlines three priority underground drilling targets ahead of planned 2027 operations.

Valiant Gold is fast-tracking the restart of its Comet Gold Mine in Western Australia, securing major infrastructure contracts and advancing technical studies to target production resumption by Q2 FY27.

Austral Gold nearly doubled its gold equivalent production in the first half of 2026, driven by the Casposo restart and Guanaco operations, delivering a US$15.5 million net profit and extending Guanaco’s mine life to 14 years.

St George Mining has delivered a major upgrade to its Araxá Project in Brazil, increasing measured and indicated resources by 155% and confirming the world's largest undeveloped niobium resource alongside rare earths.

KGL Resources has secured comprehensive funding for its Jervois Copper-Silver-Gold Project, combining a US$300 million streaming deal and a A$300 million equity raise, positioning the project for construction start in Q3 2026 and first copper output in 2028.

Tanami Gold has secured $70.5 million through a fully underwritten rights issue to fund its Central Tanami Project development, including a major underground decline and resumed drilling at Jims Gold Mine.

Adavale Resources has consolidated its Parkes Project footprint with the grant of EL9918 and transfer of EL9178, revealing high-grade gold-copper-silver surface samples that extend mineralisation at the Ashes Prospect. This tenure consolidation unlocks multiple walk-up drill targets across a major gold-copper corridor in NSW's Lachlan Fold Belt.

Adavale Resources has reported assay results from 14 additional drill holes at its London-Victoria gold mine, further extending gold mineralisation beneath the historic open pit and supporting an upcoming resource update.

Cobre Limited has achieved a swift operational turnaround at its Sierra Atacama copper mine, generating positive operating cash flow within two months of assuming control. The company targets a significant production ramp-up supported by capital investments and ongoing optimisation.

Vertex Minerals launches a $2.5 million Share Purchase Plan at $0.10 per share, offering eligible shareholders a chance to invest ahead of commercial gold production at Reward Gold Mine.

Rumble Resources has boosted its Western Queen gold mineral resource to 433,600 ounces, including a 54% jump in Indicated Resources and a fresh high-grade zone of 52,500 ounces at 11.3 g/t gold. The upgrade follows extensive drilling and will feed into a September Bankable Feasibility Study, keeping production on track for 2027.