Latest Ore Reserves News

Greatland Resources Limited is set to list on the ASX following a corporate reorganisation, showcasing robust production at its Telfer gold-copper mine and advancing development at the Havieron project.

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

AIC Mines Limited has launched a A$55 million equity raise alongside a A$10 million share purchase plan to fund a significant expansion of its Eloise Copper Mine processing capacity and advance the Jericho Copper Mine development.

Saturn Metals reports strong high-grade gold drilling results at Apollo Hill, reinforcing its 2.03 million ounce resource and setting the stage for a resource upgrade and feasibility studies later this year.

Savannah Goldfields Limited is advancing its gold production restart at Georgetown with early ore transport underway, key management hires, and promising new exploration targets.

Catalyst Metals reports positive infill drilling results at its Trident Gold Project, confirming expected mineralisation and enabling development to commence with first ore targeted in late 2025.

St Barbara’s application for early renewal of the Simberi Mining Lease is set for review by Papua New Guinea’s Mining Advisory Council in June, a crucial step toward expanding gold production.

Impact Minerals Limited has released a robust Preliminary Feasibility Study for its Lake Hope High Purity Alumina project, revealing strong economics and a maiden Ore Reserve. The company is advancing towards a Definitive Feasibility Study and pilot plant construction, positioning itself for low-cost, low-carbon HPA production.

Lunnon Metals has completed a detailed Scoping Study for its Lady Herial gold project, highlighting a high-grade open pit opportunity underpinned by predominantly measured resources. The company is advancing commercial negotiations and regulatory approvals, setting the stage for potential near-term development.

VBX Limited is set to raise $10 million through an initial public offering to fund the development of its Wuudagu Bauxite Project in Western Australia, supported by a positive pre-feasibility study and strong market fundamentals driven by China’s growing aluminium demand.

New Murchison Gold Limited has reported further high-grade gold intersections from its Crown Prince Gold Project, reinforcing the potential for a profitable open pit operation at its Garden Gully site near Meekatharra.

Hawsons Iron Limited is raising up to $1 million through a discounted Share Purchase Plan to fund critical project development while continuing strategic investor discussions.