Latest Open Pit Mining News

Iltani Resources has unveiled striking high-grade silver-indium-lead-zinc intercepts from its latest drilling at the Orient Silver-Indium Project, reinforcing the scale and quality of Australia's largest known silver-indium deposit.

Element 25 is on track to commission its Butcherbird manganese expansion in early 2027, while securing a substantial US Department of Energy grant to support its US battery materials facility.

Develop Global (ASX:DVP) posted a record June quarter with Woodlawn copper-zinc production up 47%, supported by a US$400 million Trafigura financing deal that underpins its Sulphur Springs and Pioneer Dome projects.

Genesis Minerals delivered record FY26 gold production within guidance, boosted cash flow, accelerated key projects, and agreed to merge with Vault to create a top 20 global gold producer.

Carnavale Resources has lifted its Kookynie Gold Project resource to 120,000 ounces and is nearing completion of its Bankable Feasibility Study, with exploration drilling set to test new targets.

Lunnon Metals reports a 20% increase in gold ounces at its Hustler deposit, now 36,200 ounces, with plans to integrate mining alongside Lady Herial. Ongoing studies and strong infrastructure underpin a promising path to production.

Prodigy Gold’s latest scoping study for the Hyperion Gold Project outlines a viable open pit operation with a 260,000-ounce production target and strong financial metrics. Meanwhile, exploration funding and ore sorting advances at Old Pirate support near-term development prospects.

Auric Mining's integrated Scoping Study outlines a $138 million capital plan to restart mining at Munda and upgrade Burbanks processing plant, targeting first gold in early 2028 with robust economics and scalable infrastructure.

Austral Gold has unveiled a comprehensive 14-year life-of-mine plan for its Guanaco Mine in Chile, underpinned by a US$192.1 million after-tax NPV and robust mineral reserves.

Pilbara Gold has reported significant new gold intersections below the current pit shell at its Mt York Project, suggesting potential for resource growth ahead of a prefeasibility study update.

Meeka Metals reports significant high-grade gold intersections well below the Turnberry Ore Reserve, coinciding with a strategic shift from open pit to underground mining amid contractor productivity issues.

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a robust 10-year open pit mine plan with strong financial returns and production targets, setting the stage for a Final Investment Decision in mid-2027.