Latest Ore Reserves News

Manuka Resources has launched an $8 million entitlement offer to fund its Cobar Basin production restart, updated reserves at its Wonawinta silver and Mt Boppy gold mines, and reported strong economics for its New Zealand Taranaki VTM iron sands project advancing through fast-track approvals.

Meteoric Resources has announced a maiden Ore Reserve at its Caldeira Project alongside a breakthrough processing partnership and a heavily oversubscribed $42.5 million equity raise, positioning it as a key player in the evolving rare earths market.

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

OzAurum Resources has confirmed and extended high-grade gold mineralisation at its Mulgabbie North project through multiple drilling programs, while appointing a new chairman to guide its next growth phase.

Burgundy Diamond Mines reported a solid Q2 2025 with increased ore production, $52 million in diamond sales, and a significant extension of the Ekati mine life. Strategic shifts and promising project updates set the stage for future growth.

Silver Mines Limited progresses regulatory approvals for its flagship Bowdens Silver Project in NSW while acquiring promising US assets, enhancing its exploration pipeline with minimal upfront costs.

Astral Resources has released a compelling Pre-Feasibility Study for its Mandilla Gold Project, targeting 1.4 million ounces over 19 years with strong financial metrics. The company also advances exploration across its Western Australian assets and integrates Maximus Resources into its portfolio.

Ballard Mining has kicked off an extensive drilling campaign at its Mt Ida Gold Project, confirming high-grade gold resources at the Baldock deposit and advancing exploration across multiple high-priority targets.

Wildcat Resources reports robust final metallurgical assay results from its Tabba Tabba project, revealing significant lithium mineralisation that could enhance project economics and resource confidence.

Admiralty Resources has obtained temporary road transport approval in Chile, enabling the shipment of up to 150,000 tonnes of iron ore concentrate from its Mariposa project. This milestone advances the project closer to full production amid ongoing regulatory progress.

Rand Mining Ltd reports a solid increase in the East Kundana Joint Venture’s mineral resources and ore reserves for 2024, reflecting updated gold price assumptions and operational cost reviews.

Citigold Corporation Limited reports steady progress in exploration and mine design at its Charters Towers Gold Project, while actively pursuing funding partnerships to restart operations.