Latest Ore Reserves News

New Murchison Gold Limited has released its 2025 Mineral Resources and Ore Reserves update for the Crown Prince Gold Mine, reflecting initial mining depletion and confirming the project’s economic viability. The company is now focusing on underground potential and near-mine exploration.

Predictive Discovery Limited has amended its acquisition deal with Robex Resources, creating a combined gold producer with over 400,000 ounces annual output by 2029 and sidelining Perseus Mining’s competing offer.

Predictive Discovery Limited has amended its acquisition terms with Robex Resources, sidelining Perseus Mining’s bid and setting the stage for a combined gold producer targeting over 400,000 ounces annually by 2029.

Fenix Resources unveils a robust three-year plan to ramp up iron ore production from 2.4Mt in FY25 to 6Mtpa by FY28, anchored by its Weld Range Project. The company also raises FY26 guidance and initiates feasibility studies for further expansion.

VRX Silica Limited has expanded its Arrowsmith North project’s offtake commitments by 550,000 tonnes annually and appointed Pareto Securities to manage debt financing, reinforcing its path to production.

St Barbara Limited has completed a compelling restart study for its Touquoy gold project in Nova Scotia, outlining a low-capital, near-term operation with robust economics and a positive permitting outlook.

Astral Resources has successfully raised A$65 million through a strongly supported placement to advance its Mandilla Gold Project and accelerate exploration across its Western Australian gold assets.

Wildcat Resources has significantly extended its Bolt Cutter Central lithium discovery near its Tabba Tabba Project in Western Australia, revealing a large, open-ended pegmatite system with multiple high-grade lithium intercepts.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.

West African Resources reports significant diamond drilling results beneath the M5 North open-pit at Sanbrado, revealing high-grade gold mineralisation and potential to extend mine life beyond current reserves.

St George Mining reports a record 115.65m intercept of high-grade rare earths and niobium from surface at its Araxá Project, underpinning a major resource upgrade and expansion potential.

Northern Star Resources commits A$225 million to its FY26 exploration program, revealing promising drilling results and new prospects across key assets including Kalgoorlie, Yandal, Pogo, and the newly acquired Hemi Development Project.