Latest Ore Processing News

Terrain Minerals is progressing steadily towards a maiden Mineral Resource Estimate (MRE) for its Lightning Gold Project, targeting July 2026. Key technical and regulatory milestones are being ticked off, underpinning the project’s transition from exploration to resource definition.

Corazon Mining has secured the Chalice Gold Project from Westgold Resources, gaining a 191,000oz high-grade gold resource and a strategic partnership with Westgold as a near-20% shareholder.

Rumble Resources has locked in a toll milling and blending agreement with Gylden Resources and Kirkalocka Gold to process 100% of Western Queen gold ore at Kirkalocka’s plant, enabling faster cash flow and reduced capital expenditure.

Catalyst Metals has identified a capital-efficient path to increase throughput at its Plutonic Mill by refurbishing a dormant processing circuit, enhancing flexibility for its ambitious plan to double annual gold production to around 200,000 ounces.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

DGR Global has invested $3 million in Savannah Goldfields through a $1.5 million gold production royalty and a $1.5 million share placement, securing a foothold in North Queensland’s gold sector with potential for significant cash flow and exploration upside.

Australian Mines has reaffirmed strong economics for its Flemington Scandium Project, highlighting a robust 28-year mine life and significant leverage to scandium price scenarios.

Nexus Minerals has formalised a partnership with Macro Gold Mining Services to develop the Crusader-Templar gold deposit, marking a key step towards production backed by recent permitting and a profit-share funding model.

Rumble Resources has completed a major diamond drilling campaign at Western Queen, delivering multiple high-grade gold and tungsten intersections that underpin an advancing feasibility study and mine development plans.

Gibb River Diamonds (ASX:GIB) has completed mining and processing at its Neta JV within the Edjudina Gold Project, generating over 5,200 ounces of gold and receiving a $7 million profit share. The company is progressing exploration on a new lease near Neta and maintains a strong cash position to support further growth.

Medallion Metals has greenlit development at Ravensthorpe following a $50 million loan and environmental approval, while integrating Forrestania assets to underpin a multi-source gold strategy.

St Barbara Limited has closed a A$389 million investment deal with Lingbao Gold Group, greenlighting a US$333 million expansion of the New Simberi Gold Project and securing key environmental approvals for its Nova Scotia operations.