Latest Ore Reserve News

Savannah Goldfields Limited is poised to restart gold production in 2025 at its Georgetown and Agate Creek sites, backed by solid ore reserves and ambitious exploration plans to extend mine life.

Gold Road Resources reports a robust half-year profit surge driven by higher gold prices and sales, while advancing a proposed acquisition by Gold Fields with a shareholder vote set for September.

Core Lithium Ltd has launched a non-underwritten equity raising to secure approximately A$60 million, aiming to advance its Finniss Lithium Project to a final investment decision. The capital raise includes a two-tranche placement and a share purchase plan, supporting operational readiness and strategic funding efforts.

EQ Resources has successfully commissioned a third XRT ore sorter at its Saloro tungsten operation, increasing sorting capacity by 50% and improving processing efficiency. An updated ore reserve estimate is expected in early Q4 2025, reflecting operational gains and stronger tungsten prices.

Ora Banda Mining's initial drilling at Round Dam Trend reveals multiple high-grade gold lodes, highlighting significant open pit and underground mining prospects.

Sandfire Resources reports a consolidated update on its Motheo copper-silver asset in Botswana, revealing declines in mineral resources and ore reserves due to mining depletion and remodelling. The company plans to declare a maiden ore reserve for the A1 deposit by mid-2026, aiming to extend mine life.

Mineral Resources Limited has released its inaugural Mineral Resources and Ore Reserves statements for the Pilbara Hub, revealing a substantial 161 million tonnes resource and 50.7 million tonnes reserve at robust iron grades. The inclusion of the Lamb Creek deposit promises to extend the hub’s production profile by five years, pending approvals.

Brightstar Resources has kicked off a significant underground drilling campaign at its Fish Mine, aiming to extend mine life and upgrade mineral resources for future production growth.

Emerald Resources NL has posted a record after-tax profit of A$87.6 million for FY25, driven by robust gold prices and steady output at its Okvau Gold Mine. The company also reported significant resource expansions at its Memot and Dingo Range projects, while achieving a debt-free status.

Sayona Mining reports a 124% surge in Ore Reserves at its North American Lithium operation, alongside an 8% Mineral Resource increase, reinforcing its position in the North American lithium market.

Havilah Resources has unveiled detailed plans for developing two significant copper deposits in South Australia’s Curnamona Province, highlighting robust resource bases and strategic infrastructure advantages.

Lake Resources N.L. has updated its Kachi Phase One DFS Addendum, showcasing improved lithium brine grades, enhanced extraction technology, and stronger project economics, positioning the Kachi lithium project closer to development.