Latest Mining Resources News

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.

Resources & Energy Group (ASX:REZ) has locked in a binding term sheet with Rembrandt Mining to kickstart gold production at its Maranoa deposit, preserving full ownership while shifting capital risk to Rembrandt and capturing enhanced profit shares at higher gold prices.

Wia Gold’s latest drilling at Kokoseb uncovers a new high-grade mineralised zone beneath the Central Zone, extending underground potential and supporting an updated resource estimate ahead of a Q3 2026 feasibility study.

True North Copper (ASX:TNC) has unveiled promising assay results from its 2026 reverse circulation drilling at the Great Australia Mine, highlighting new shallow copper-gold intersections that could expand its Cloncurry Copper Project resource base and enhance mine planning options.

Tolu Minerals has reignited underground mining at its Tolukuma Gold Mine with exceptional early sampling grades and unveiled a major new high-grade discovery at Fundoot, launching a massive 75,000-metre drilling campaign to expand resources and explore district-scale potential.

Tolu Minerals has revealed two new high-grade gold vein discoveries at its Tolukuma Gold Mine in Papua New Guinea, underpinning an ambitious near-mine drilling campaign aimed at boosting resource growth.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Asara Resources continues to unlock substantial high-grade extensions at its Kada Gold Project in Guinea, with recent drilling confirming broad, consistent gold mineralisation beyond existing resources.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.