Latest Open Pit Mining News

Resolute Mining has lifted its ABC Project inferred gold resource to over 3 million ounces following extensive drilling, setting the stage for a $15-25 million feasibility push.

New Murchison Gold Limited's Crown Prince Gold Mine sustained robust production with 15,455 ounces sold in the June quarter, while the Garden Gully Gold Project’s resource estimate jumped 47% to 359,000 ounces. Mining has now commenced at the Cloudkicker open pit, supporting growth and operational flexibility.

Prospect Resources has reported thick, high-grade copper intercepts beyond the existing resource at Nyungu Central, underscoring the deposit's growth potential within the Mumbezhi Copper Project in Zambia.

Berkeley Energia has delivered a maiden Mineral Resource Estimate for its Conchas Project in Spain, revealing significant lithium and rubidium grades near surface and confirming the project's potential for bulk open-pit mining.

Everest Metals has obtained a critical mining lease for its Revere Gold Project in WA, marking a major step from exploration to development with a 260,780-ounce maiden resource and ongoing approvals.

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

Perenti's subsidiary AMS, through AMAX Ltd, has secured a six-month contract extension at the Iduapriem Gold Mine in Ghana, including the sale of mining equipment valued between A$30 million and A$40 million to AngloGold Ashanti.

Dreadnought Resources has identified 12 extensive gold mineralised corridors at its Illaara Gold Project, covering nearly 40km strike with only 10% of the greenstone belt tested. Follow-up infill drilling is planned to refine these targets.

Cyprium Metals is on the cusp of restarting copper cathode production at its Nifty Copper Complex, targeting the September quarter 2026 for first output as key infrastructure nears completion. Meanwhile, the company advances growth strategies including a potential SXEW plant capacity expansion and exploration of oxide ores.

Caravel Minerals has completed the mining component of its Definitive Feasibility Study for the Caravel Copper Project, underpinning an updated Ore Reserve of 597 million tonnes at 0.24% copper. The study outlines a staged open pit operation with plans for autonomous haulage and contractor engagement in early mining.

Lunnon Metals delivered its best month yet at the Lady Herial open pit, mining over 62,000 tonnes at 1.73 g/t gold and securing a $12 million payment from Gold Fields, setting the stage for a robust finish to operations and a solid cash position for FY2027.

Core Lithium has kicked off open pit mining at Grants and underground development at BP33, backed by strong cash reserves and strategic asset divestment plans.