Latest Ore Reserves News

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Catalyst Metals has agreed to sell its Henty gold mine, focusing resources on expanding its Plutonic Gold Belt projects with promising exploration results and first ore from Plutonic East. The company maintains a strong cash position of A$98 million while advancing low-capital developments to double production.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Ramelius Resources delivered a record underlying free cash flow of A$223 million in the March 2025 quarter, upgraded its full-year gold production guidance, and advanced a transformational acquisition of Spartan Resources to create a leading Australian gold producer.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Image Resources NL has achieved a key milestone with first heavy mineral concentrate production and shipment from its Atlas project, setting the stage for positive operating cash flow in the coming quarter.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Ardea Resources reports robust progress on its Kalgoorlie Nickel Project – Goongarrie Hub, highlighted by significant drilling outcomes, major engineering contracts awarded, and a $98.5 million DFS funding commitment from a Japanese consortium.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Vault Minerals reported robust March quarter results with 87,110 ounces of gold produced and significant progress on the King of the Hills plant upgrade, underpinning its medium to long-term growth strategy.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Deep Yellow Limited has deferred the Final Investment Decision for its flagship Tumas uranium project due to current uranium prices, while continuing detailed engineering and early works. The company remains confident in the project's robust economics and is progressing financing and development at its Mulga Rock project.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Genesis Minerals has reported a 12% increase in Ore Reserves to 3.7 million ounces, including a maiden 370,000-ounce Reserve at Westralia open pit, underpinning its 'ASPIRE 400' strategy to boost production ahead of schedule.
Maxwell Dee
Maxwell Dee
8 Apr 2025
De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.
Maxwell Dee
Maxwell Dee
11 Mar 2025
Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.
Maxwell Dee
Maxwell Dee
19 Feb 2025
Ardea Resources Limited has made significant progress on its Kalgoorlie Nickel Project (KNP) Goongarrie Hub, supported by a fully funded $98.5 million Definitive Feasibility Study (DFS) led by a Japanese consortium. The project is positioned as a long-life, low-cost nickel-cobalt operation critical to the global battery supply chain.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Pantoro Limited reports exceptional high-grade gold intersections from initial drilling in the Southern Mainfield of its Norseman Gold Project, reinforcing its strategy to expand underground mining operations.
Maxwell Dee
Maxwell Dee
17 Feb 2025
Patriot Battery Metals reported a Q3 net loss of $2.23 million and a nine-month loss of $5.60 million, reflecting heavy investment in its flagship Shaakichiuwaanaan lithium project. A strategic $69 million private placement with Volkswagen post-quarter end underscores growing industry confidence.
Maxwell Dee
Maxwell Dee
14 Feb 2025