Latest Ore Processing News

Valiant Gold has successfully re-entered the Comet Underground Mine, uncovering better-than-expected conditions that could accelerate the mine's restart timeline. The company is progressing engineering and site works targeting 304,000 ounces from its 3.77Mt resource.

Caravel Minerals has completed the mining component of its Definitive Feasibility Study for the Caravel Copper Project, underpinning an updated Ore Reserve of 597 million tonnes at 0.24% copper. The study outlines a staged open pit operation with plans for autonomous haulage and contractor engagement in early mining.

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Medallion Metals is fast-tracking gold production at its Forrestania Gold Project by launching an Early Production Strategy in Q4 2026, nearly nine months ahead of schedule. This move leverages existing infrastructure to generate cashflow and de-risk the upcoming Ravensthorpe ore processing.

Core Lithium has kicked off open pit mining at Grants and underground development at BP33, backed by strong cash reserves and strategic asset divestment plans.

Genesis Minerals and Vault Minerals have agreed to merge, creating a top-3 Australian gold producer with a pro-forma market cap of about A$12.66 billion and annual production of 600-700koz.

Genesis Minerals and Vault Minerals have agreed to merge in a deal valuing Vault at about A$5.6 billion, creating a top-three Australian gold producer with pro-forma annual production of 600-700koz and estimated synergies of A$2 billion.

Raptor Metals has validated a large-scale copper system at its Chester Project in Canada, delivering some of the broadest and highest-grade intercepts from its maiden diamond drilling program and revealing significant resource expansion potential.

Lodestar Minerals’ recent RC drilling at Ned’s Creek delivers strong high-grade gold results that support its 250,000-300,000 oz Exploration Target and reinforce plans for a maiden resource estimate in 2026.

DPM Metals delivered a robust 102,000 gold equivalent ounces in Q2 2026, driven by Chelopech’s strong grades and Vareš mine’s steady ramp-up. The company also returned over US$49 million to shareholders through share buybacks amid ongoing project developments.

Corazon Mining has secured the Chalice Gold Project from Westgold, marking its shift to a gold developer with a 191,000oz resource and a $16.5 million capital raise to fund an aggressive drilling campaign.

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources to 2 million ounces by acquiring Capricorn Metals' Big Springs project in Nevada for up to $26 million, combining cash, shares, and milestone payments.