Latest Ore Reserve News

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St Barbara Limited reported a $52 million underlying loss for FY25, driven by investments in its Simberi Expansion Project and operational challenges. The company classified its Atlantic operations as discontinued, recognizing a $38 million impairment, while completing a $100 million capital raise to support growth.
Maxwell Dee
Maxwell Dee
21 Aug 2025
Lindian Resources has raised A$91.5 million through a strong institutional placement, enabling the final investment decision for the Kangankunde Rare Earths Project’s Stage 1 development with production targeted for late 2026.
Maxwell Dee
Maxwell Dee
20 Aug 2025
Viridis Mining and Minerals has announced a maiden JORC Probable Ore Reserve of 200.6 million tonnes at the Colossus Rare Earth Project, underpinning a 40-year mine life with exceptional grades and sustainable mining practices.
Maxwell Dee
Maxwell Dee
20 Aug 2025
Sarytogan Graphite Limited secures a strategic A$3.6 million investment from Kazakh high-net-worth investor Dias Sarsenov, accelerating its Definitive Feasibility Study for a critical graphite project vital to Europe’s raw materials supply.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Hillgrove Resources has announced the discovery of a new high-grade copper-gold mineralisation zone, the 'Saddle' Zone, at its Kanmantoo Copper Mine, promising near-term resource growth with minimal infrastructure needs.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Challenger Gold’s Argentinian subsidiary has obtained the crucial explosives permit to begin drill and blast operations for toll milling at the Hualilan Gold Project, unlocking near-term cash flow potential. The company’s recent Pre-Feasibility Study underscores robust economics, setting the stage for accelerated development.
Maxwell Dee
Maxwell Dee
19 Aug 2025
Metals Australia has dramatically expanded its Lac Carheil Graphite Project resource in Quebec, tripling contained graphite to 5.1 million tonnes and advancing a pre-feasibility study that positions the project as a key player in North America's critical minerals landscape.
Maxwell Dee
Maxwell Dee
19 Aug 2025
The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.
Maxwell Dee
Maxwell Dee
19 Aug 2025
South Harz Potash Limited has closed its shortfall placement, raising A$180,000 and bringing total equity raised to A$2.58 million to fund its dual-asset strategy in Germany.
Maxwell Dee
Maxwell Dee
18 Aug 2025
VBX Limited strengthens its leadership and advances drilling programs at the Wuudagu bauxite project, setting the stage for a pivotal Definitive Feasibility Study and environmental approvals.
Maxwell Dee
Maxwell Dee
18 Aug 2025
Lindian Resources has secured approval to expand its Kangankunde Rare Earths Project mining licence from 900 to 2,500 hectares, enabling a significant scale-up in production capacity. The company retracts its previous high-end Stage 2 production targets and will commission a new feasibility study to define the next phase.
Maxwell Dee
Maxwell Dee
18 Aug 2025
Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.
Maxwell Dee
Maxwell Dee
15 Aug 2025