Latest Ore Processing News

Forrestania Resources has signed agreements giving it access to up to 2 million tonnes of third-party ore and a five-year framework for future mining services. Initial supply is expected from stockpiles at MEGA Resources’ Taipan open pit, although volumes, timing and financial returns remain uncommitted.

Kingsgate Consolidated has increased Nueva Esperanza’s Ore Reserves by 31% for silver and 37% for gold, extending the assumed reserve life beyond 12 years. The gains are largely driven by higher price assumptions and lower royalties rather than new drilling.

Forrestania Resources has secured a framework to purchase and process up to 2 million tonnes of third-party ore while locking in key laboratory, haulage and reagent arrangements for its Lake Johnston and Edna May hubs. The agreements strengthen restart preparation, although financial terms, margins and delivery timing remain undisclosed.

Manuka Resources has secured A$14.5 million through a placement to fund finishing its silver de-slime circuit and accelerate production at Wonawinta, targeting first gold sales by September and silver revenues from January 2027.

Lunnon Metals has wrapped up mining at Lady Herial ahead of schedule, producing gold volumes and financial outcomes closely matching its January 2026 Feasibility Study, generating approximately $39 million pre-tax free cash flow.

Magnetite Mines has unveiled a revamped scoping study for its Razorback Iron Ore Project, introducing key design changes to reduce capital costs and boost project viability. The company is also actively pursuing funding options including royalty arrangements and strategic partnerships.

St Barbara Limited has declared a fully franked dividend and is progressing construction and exploration across its New Simberi and Nova Scotia gold projects, supported by a strong cash position and no debt.

Javelin Minerals has cleared a major hurdle with final mining approval for its Eureka Gold Project near Kalgoorlie, positioning it for imminent production backed by a $25 million financing deal.

Carnaby Resources has boosted its Greater Duchess project Mineral Resource Estimate by 10%, with a significant 47% jump at the Trekelano deposit, driven by new underground drilling results.

Broken Hill Mines (ASX: BHM) has confirmed a major new discovery of thick, high-grade silver, lead, and zinc mineralisation at its Centenary Zone, extending the resource strike length to 1,600m and significantly exceeding historical estimates.

Manuka Resources has recommenced gold processing at its Wonawinta facility using stockpiled Mt Boppy ore following a five-month upgrade program. Silver production is set to begin in the final quarter of 2026 after further plant enhancements.

Fortescue Ltd delivered a record 201.3 million tonnes of iron ore in FY26, alongside a 3% rise in underlying net profit after tax to US$3.47 billion, despite a significant $750 million impairment charge on its Iron Bridge asset. The miner declared a fully franked final dividend of A$0.46 per share and continues to advance its ambitious decarbonisation and growth agenda.