Latest Project Development News

Antilles Gold has ramped up construction at its Nueva Sabana gold-copper mine in Cuba, with a $35 million funding package in place and production slated for early 2027. The company is also progressing pre-development and exploration activities on multiple Cuban concessions.

Wia Gold is making steady progress on its Kokoseb Gold Project in Namibia, reporting strong high-grade drilling results that bolster underground mining prospects alongside ongoing feasibility studies and strategic leadership appointments.

Brightstar Resources has wrapped up its largest-ever processing campaign under the Genesis Minerals Ore Purchase Agreement, delivering nearly 8,000 ounces of gold and $53 million in gross revenue. This milestone strengthens Brightstar’s financial position ahead of its own processing plant construction and mine restarts in 2027.

Ausgold Limited has expanded its Katanning Gold Project drilling program to 54,000 metres, revealing high-grade mineralisation beyond existing resource limits. The company also secured a key cooperation agreement with the Wagyl Kaip Southern Noongar Aboriginal Corporation, while permitting delays push the final investment decision to Q4 2026.

Winsome Resources has advanced its proposed acquisition by Li-FT Power, with shareholder and optionholder meetings scheduled for 5 May 2026 to decide on the scheme of arrangement. The transaction hinges on court approval following a key condition being met.

Riversgold has secured a new tenement adjoining its Northern Zone Gold Project near Kalgoorlie, boosting its project area to 8.36 km2 and adding key land for infrastructure and exploration.

Nelson Resources has obtained key mining leases at its Yarri Gold Project, unlocking expansion potential in high-grade zones and securing up to A$10 million in funding from MEGA Resources to fast-track development.

Native Mineral Resources (ASX:NMR) has delivered strong diamond drilling results at its Blackjack Mine, Queensland, confirming and exceeding previous gold grades. Mining has resumed with ore processing underway, supported by new infrastructure and ongoing development.

SSH Group Ltd reported a 44% reduction in hire purchase debt alongside $48.4 million in rolling 12-month cash receipts, while progressing high-grade drilling and mining operations at Wagtail and Gold Duke projects.

St Barbara Limited forecasts a sharp rise in gold production to 191 koz by FY30, driven by the New Simberi expansion, Touquoy Restart, and 15-Mile Processing Hub. The company is well-capitalised with over A$500 million in cash and committed capital expenditure plans.

Lindian Resources has secured a fixed-price diesel supply agreement for the Kangankunde Rare Earths Project, removing fuel cost uncertainty through construction and commissioning and reinforcing the project’s low-cost profile.

Lithium Plus Minerals has secured A$2.15 million through a discounted placement, backed by cornerstone investor Suzhou CATH and institutional buyers, to fund development and exploration at its Bynoe lithium project.