Latest Mining Risks News

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

Alkane Resources reports its inaugural JORC-compliant Mineral Resources and Ore Reserves for the Costerfield Property, highlighting a robust resource base and a mine life extended to 2030. The recent True Blue Deposit discovery further bolsters the project’s potential.

Pantoro Gold’s latest underground drilling at the Norseman Gold Project reveals multiple high-grade gold intersections, confirming significant near-term mining potential.

New Murchison Gold Limited reveals significant high-grade gold intersections well below the current open pit at its Crown Prince Gold Mine, signaling promising underground mining potential and an extended mine life.

Aspermont launches its new Mining-IQ data platform, partners with Rio Tinto to digitize historic mining archives using AI, and raises A$1.75 million from European investors to fuel growth.

Marimaca Copper has successfully extended the high-grade copper mineralization at its Pampa Medina deposit by 300 meters west, confirming a large, continuous sediment-hosted system with promising grades and widths.

Strata Minerals has initiated its inaugural diamond drilling program at the Penny South Gold Project in Western Australia, supported by a co-funded deep drill hole from the WA Government. This marks a pivotal step in exploring extensions of gold mineralisation near the high-grade Penny Mine.

Antilles Gold initiates a $650,000 share placement to fund working capital and prepare for a major $29.5 million EPC contract with Xinhai Mining, advancing the Nueva Sabana copper-gold mine development in Cuba.

Gibb River Diamonds has commenced grade control drilling at its Neta Prospect in Western Australia, moving closer to potential mining operations pending regulatory approval.

Matsa Resources has officially commenced mining operations at its Devon Pit Gold Mine, with ore haulage to begin late July and first processing slated for mid-September 2025.

Antilles Gold has taken a major step forward in developing its Nueva Sabana copper-gold mine by signing a non-binding Letter of Intent with Chinese firm Xinhai for a $26 million EPC contract and $16 million in project financing. The agreement also includes a strategic $4.1 million share placement, signaling deeper collaboration and governance involvement.

Gibb River Diamonds advances key permits for its Edjudina Gold Project, aiming to begin mining at the Neta Prospect by August 2025 with minimal financial risk.