Latest Open Pit Mining News

Everest Metals has appointed Hall Chadwick as exclusive strategic adviser to explore funding and commercial pathways for its Mt Edon rubidium project, focusing on US and allied market opportunities.

PTR Minerals’ preliminary mine optimisation study for the Rosewood Titanium Project highlights the potential to tap exceptionally high-grade zones early in production, boosting cashflow and reducing upfront costs. Metallurgical tests suggest simpler, lower-cost processing options could yield high-quality titanium products.

Corazon Mining has unveiled a maiden Exploration Target at its Chalice Gold Project in WA, suggesting the mineralised system could hold up to 830,000 ounces of gold, significantly above the existing resource. A 7,500m drilling campaign is set to test this potential, marking a step towards development.

McLaren Minerals has reported its best assay batch yet from the 2026 drilling program at the McLaren Titanium Project, with heavy mineral grades climbing to 5.44% from surface across 1,199 metres.

Asara Resources has more than doubled its Kada Gold Project resource to 2.1 million ounces, including 1.3 million ounces in the indicated category, following a 73,000-metre drilling campaign. The company is fully funded to complete a Definitive Feasibility Study by mid-2027, positioning itself for rapid development in Guinea’s prolific Siguiri Basin.

Dreadnought Resources has lodged a mining lease application for its Yin Rare Earth deposits in WA, underpinning its Gifford Creek Critical Metals Project with a substantial 30 million tonne resource and strong metallurgical credentials.

Liontown Limited (ASX:LTR) has reported its maiden profit and strong cash flow in FY26, completing its transition to fully underground mining at Kathleen Valley and advancing expansion plans with a final investment decision due early FY27.

Berkeley Energia reported a $8.7 million net loss for FY2026 while pushing forward with its Salamanca uranium project and maiden critical minerals resource at Conchas. The company continues a $1.25 billion ICSID arbitration claim against Spain over permitting delays.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Minrex Resources has reported strong assay results from the first ten infill drill holes at its Barje deposit, revealing shallow, high-grade gold-silver mineralisation that supports a low-strip, high-margin open pit scenario. The company is boosting its 2026 drilling program to 9,000 metres to explore extensions along the Barje-Liska corridor.

Green & Gold Minerals (ASX:GG1) has revealed significant copper, silver, and tin mineralisation at its Elizabeth Bluffs prospect within the Herberton Conductor Metals Project, supported by historic data and recent sampling. A 3,000m drill campaign at Mt Wandoo is set to commence in September 2026, aiming to extend high-grade gold-silver zones.