Latest Ore Reserve News

St Barbara has completed a major strategic transaction with Lingbao Gold Group, receiving A$389 million in cash and approving a US$333 million investment to expand the New Simberi Gold Project, setting the stage for a significant production boost.

Grange Resources has released its 2025 Annual Mineral Resource and Ore Reserve Statement for its Savage River operation, reporting only minor declines due to mining depletion and ongoing refinement of underground plans.

Felix Gold’s 2025 drilling at the NW Array prospect confirms extensive near-surface gold mineralisation alongside high-grade antimony, reinforcing its dual-commodity potential at Treasure Creek.

Savannah Goldfields has resumed gold processing at its Georgetown plant following maintenance, with ongoing production and plans to restart mining at Agate Creek pending environmental approval.

Larvotto Resources has reported robust diamond drilling results at its Metz Mining Centre, revealing wide zones of gold, antimony, and tungsten mineralisation that promise to boost the Hillgrove project’s resource base.

Lotus Resources has achieved a key milestone with Orano Chimie-Enrichissement accepting its Kayelekera uranium concentrate, paving the way for first uranium exports in the second quarter of 2026.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

Macarthur Minerals has successfully raised A$1.25 million through an oversubscribed placement, positioning the company to advance exploration and maintain tenements at its Lake Giles Iron Project.

AIC Mines reports significant growth in Mineral Resources and Ore Reserves at its Eloise Copper Mine and Jericho Copper Project, underpinning potential mine-life extensions and production growth.

Astron Limited has completed a Bankable Feasibility Study for Phase 1 of its Donald Rare Earth and Mineral Sands Project, confirming robust economics and advanced financing talks ahead of a targeted Q2 2026 Final Investment Decision.

West African Resources forecasts a record 430,000 to 490,000 ounces of gold production in 2026, driven by full-year output from Kiaka and sustained performance at Sanbrado. The company plans significant drilling and capital investment to extend mine life and enhance growth.

Minerals 260 Limited has reported strong drilling results from its Bullabulling Gold Project in Western Australia, confirming high-grade gold mineralisation and supporting a maiden reserve and resource update due mid-2026.