Latest Ore Reserves News

Barton Gold Holdings has raised $17.5 million through a placement led by Franklin Templeton and a Share Purchase Plan, aiming to commission its Central Gawler Mill by late 2026 and advance the Tunkillia Gold Project.

Paladin Energy reports a record uranium production quarter at its Langer Heinrich Mine alongside a robust engineering review of its Patterson Lake South Project, supported by a successful A$300 million equity raise.

Ballard Mining’s latest exploration update reveals a surge in gold targets at its Mt Ida Project, with promising drilling results and a new mineralised trend boosting prospects ahead of a Maiden Ore Reserve in 2026.

Core Lithium has significantly increased its Ore Reserves at the Finniss Lithium Project by 42%, secured $54.3 million in fresh capital, and cleared all offtake obligations to advance its restart plans.

Pantoro Gold’s latest underground drilling at the Norseman Gold Project reveals multiple high-grade gold intersections, confirming significant near-term mining potential.

Ardiden Ltd has announced a transformative merger with Lac Gold Limited, combining two significant Canadian gold assets into a well-funded exploration and development company. The deal brings together the advanced-stage Rouyn Gold Project in Quebec and Ardiden’s Pickle Lake Gold Project in Ontario, creating a balanced portfolio with strong growth potential.

Toubani Resources has locked in a comprehensive A$395 million funding package, fully financing the development of its Kobada Gold Project in Mali and positioning itself as a future high-margin West African gold producer.

Kingsgate Consolidated updates its 2025 Mineral Resources and Ore Reserves, introducing a maiden estimate for the Chatree South-East Complex while reporting modest declines in overall Ore Reserves.

Aurumin Limited proposes a scheme of arrangement for acquisition by Brightstar Resources, with an independent expert confirming the deal is fair and reasonable. The transaction offers Aurumin shareholders exposure to a larger gold portfolio and enhanced market presence.

Astral Resources reports strong assay results confirming gold mineralisation extensions at its Spargoville Gold Project, while advancing drilling at Mandilla and completing lithium exploration under a joint venture.

Develop Global Limited's updated Definitive Feasibility Study for its Sulphur Springs Zinc-Copper Project reveals a 76% surge in project valuation and a doubling of free cash flow to A$1.5 billion, setting the stage for final investment decision and construction.

Greenwing Resources has unveiled a scoping study for its Que River polymetallic project in Tasmania, outlining a low capital expenditure route to potentially generate A$63 million in cash flow within a year. The study leverages existing infrastructure and highlights significant exploration upside beneath existing pits.