Latest Ore Reserves News

Aeris Resources delivered a standout FY26 with a 78% EBITDA surge to $285 million, boosted by strong copper and gold production and a major expansion of its Tritton Ore Reserves. The company also completed its Peel Mining acquisition and kicked off early works at the Constellation Project.

Greatland Resources (ASX:GGP) exceeded its FY26 production and cost guidance, delivering 329koz of gold at a $2,179/oz AISC and bolstering cash to $1.29 billion. The company advanced key growth projects at Havieron and Telfer, including a major reserve upgrade and promising drilling results at Pinnacles.

High-Tech Metals has released an updated Mineral Resource Estimate for its Wagtail Gold Deposit, boosting geological confidence and underpinning ongoing development work.

Cavalier Resources has lifted the net present value of its Crawford Gold Project by 50%, securing a $23 million financing package and advancing pre-production activities as it moves closer to development.

West African Resources (ASX:WAF) delivered a record quarterly gold production of 125,179 ounces in Q2 2026, maintaining its trajectory toward full-year guidance amid robust cash generation and promising drilling results.

Geopacific Resources has completed a Definitive Feasibility Study for its Woodlark Gold Project, revealing robust economics and a clear path to development with a targeted Final Investment Decision by early 2027.

Vault Minerals delivered on FY26 gold production guidance with strong quarterly output and cash flow, while progressing key projects and announcing a merger with Genesis Minerals to form a top 20 global gold producer.

Alliance Nickel has kicked off vat leach testing at its NiWest Nickel-Cobalt Project, aiming to slash capital costs, while raising $2.4 million through a partial entitlement offer and extending loan facilities to mid-2027.

Aurum Resources has delivered a robust Pre-Feasibility Study and maiden Ore Reserve for its Boundiali Gold Project in Côte d’Ivoire, confirming a large-scale, economically compelling gold development targeting first production in early 2028.

Develop Global (ASX:DVP) posted a record June quarter with Woodlawn copper-zinc production up 47%, supported by a US$400 million Trafigura financing deal that underpins its Sulphur Springs and Pioneer Dome projects.

Auric Mining has kicked off an extensive drilling program at its Munda Gold Mine, aiming to extend resources and advance mine development following a recent 32% resource increase and encouraging Scoping Study results.

St Barbara Limited has increased its 15-Mile Processing Hub Mineral Resources Estimate by 20%, now totaling 2.5 million ounces of gold, driven by updated geological models and integration of extensive historical drilling data.