Latest Open Pit Mining News

Australian Rare Earths (ASX: AR3) has announced a maiden Ore Reserve of 26 million tonnes at 920 ppm TREO for its Koppamurra Rare Earths Project, underpinned by a robust Pre-Feasibility Study delivering an A$858 million post-tax NPV and a rapid payback of less than one year.

Cyprium Metals has marked a significant milestone with the first sulphuric acid delivery to its Nifty Copper Complex in 20 years, signaling a shift from construction to commissioning. The Phase 1 Copper Cathode Restart project is advancing rapidly, with key infrastructure and operational systems nearing completion.

Aldoro Resources has hit a new high-water mark at its Kameelburg project with drill hole DD008F delivering the thickest and highest-grade rare earth mineralisation to date. The full Phase II assay suite confirms a vast, multi-commodity system and an imminent resource update.

Atomic Eagle Limited has obtained crucial environmental and social approvals for its Muntanga Uranium Project in Zambia, significantly reducing permitting risk and positioning the project as development-ready while maintaining focus on resource expansion.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Toubani Resources has delivered a fresh batch of high-grade gold intercepts from its Kobada Gold Project in Mali, reinforcing the project's potential as it gears up for a Mineral Resource Estimate update in Q3 2026.

OzAurum Resources has completed its extensive grade control drilling at Mulgabbie North, delivering consistent high-grade gold intercepts at shallow depths and progressing site civil works for heap leach infrastructure.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate at its Rosewood Titanium Project, boasting 463 million tonnes at 8.8% heavy minerals, positioning it among the world’s top heavy mineral sand deposits.

Charger Metals has expanded its Medcalf Lithium Inferred Mineral Resource Estimate by 34% to 10.6 million tonnes at 1.0% Li2O, with tantalum grades also impressively high. The adjacent Medcalf West target adds further upside as Charger refocuses on advancing Lake Johnston.

Sky Metals has reported new shallow, wide, high-grade tin-tungsten-silver drill intercepts at its Tallebung Project, expanding the deposit ahead of an imminent Mineral Resource Estimate and Pre-Feasibility Study.

Dreadnought Resources has nearly doubled the high-confidence Indicated gold resource at its Metzke’s Find deposit in WA’s Illaara Project, lifting total ounces to about 25,000 at a robust 5.2 g/t grade. The shallow, high-grade resource sits on a granted mining lease and remains open for expansion.

Core Lithium has begun underground decline development at its BP33 deposit within the Finniss Lithium Project, alongside ongoing open pit mining at Grants, and successfully shipped its first lithium products via Darwin Port.