Latest Open Pit Mining News

Unico Silver has secured permanent ownership of over 10,000 hectares critical to its Joaquin silver-gold project, replacing a limited mining easement and reducing development risk ahead of its Pre-Feasibility Study.

Odyssey Gold’s Stage 1 Scoping Study for the Tuckanarra Project outlines a low-capital, high-margin open-pit mining operation producing 79,000 ounces of gold over 29 months with pre-tax cashflows of A$180 million at A$6,000/oz gold price.

Future Metals NL has delivered a significant upgrade to its Panton PGM Project, reporting an 82.3 million tonne resource at 1.6 g/t platinum equivalent, underpinning a refreshed development plan.

Minerals 260 has completed a Pre-Feasibility Study and declared a maiden Ore Reserve for its Bullabulling Gold Project, revealing robust economics and a pathway to production by late 2028.

Medallion Metals has validated broad, shallow gold mineralisation at the Teddy Bear deposit within Forrestania, alongside promising stockpile grades that bolster its early production plans.

OD6 Metals has unveiled exceptional high-grade fluorspar channel sampling results at its Horseshoe Prospect, pointing to a substantial near-surface deposit with grades averaging above 64% CaF2 and widths up to 50 metres.

Caspin Resources has delivered its best-ever tin intersection at the Kelpie Deposit within the Bygoo Tin Project, reporting 20m at 2.11% tin outside the current resource envelope, signaling strong potential for resource expansion.

Brightstar Resources has delivered a fresh wave of high-grade gold assay results from its Sandstone Gold Project, reinforcing the scale and development potential ahead of a Mineral Resource update and Pre-Feasibility Study.

Antipa Minerals’ updated Pre-Feasibility Study test-work validates a conventional gold-copper processing route with strong recoveries and reveals geotechnical improvements that could reduce underground mining at Minyari Dome.

Santana Minerals has reported strong high-grade gold intercepts from initial infill drilling at its Rise and Shine deposit, bolstering confidence in the early-stage open pit mine plan and supporting upcoming financing efforts.

Pivotal Metals has expanded its Horden Lake copper resource by 42%, lifting the total to 52 million tonnes at 1.05% CuEq, underpinning plans for a large-scale open pit operation in Quebec.

Prospect Resources has completed key diamond and aircore drilling at its Mumbezhi Copper Project, uncovering new copper mineralisation zones and progressing a Scoping Study on schedule.