Latest Regional Development News

True North Copper (ASX:TNC) reported robust drilling results confirming the high-grade Aquila discovery at Mt Oxide, a 7% resource increase at Cloncurry, and a strategic JV acquisition with Glencore, setting the stage for a pivotal 2026.

St Barbara has given the final investment nod to restart its Touquoy gold operation in Nova Scotia, signing major local contracts and aiming to resume ore processing by the end of 2026.

Macro Metals’ subsidiary Macro Mining Services has landed an exclusive 36-month mining services contract with Metal Logic, supporting the rollout of innovative modular smelting technology in the East Pilbara. The first work package at Poondano Mine is set to start mid-2026, promising regional economic and Indigenous engagement benefits.

Barton Gold has launched a ~3,000m diamond drilling campaign at its Tunkillia project, aiming to upgrade resources and support a Mining Lease application by the end of 2026. The project builds on a strong May 2025 study projecting robust returns amid rising gold and silver prices.

Fenix Resources shipped 974,000 tonnes of iron ore in March quarter at a low A$70/wmt cash cost despite cyclone disruptions and diesel supply constraints, boosting cash to A$86.3 million and advancing key projects.

Barton Gold has reported significant high-grade gold assays up to 60g/t from recent drilling at its Challenger West open pit, reinforcing prospects for a low-risk restart of its Central Gawler Mill operations. The results form part of an 8,065m drilling program supporting an ongoing Definitive Feasibility Study targeting near-surface feed.

Recce Pharmaceuticals has cleared a critical regulatory hurdle in Indonesia with a successful inspection of its Phase 3 clinical trial site for diabetic foot infections, paving the way for potential approval in 2026 amid a large and growing market.

Barton Gold has wrapped up diamond and reverse circulation drilling at its Challenger Gold Project, advancing a Definitive Feasibility Study targeting a low-risk Stage 1 open pit operation by the second half of 2026.

Forrestania Resources has started transporting ore from its British Hill gold deposit to the Lake Johnston processing facility, moving closer to production as plant refurbishment advances. The company is also partnering with local authorities to upgrade regional infrastructure.

Yancoal Australia is set to acquire an 80% stake in the Kestrel Coal Mine for US$1.85 billion upfront plus up to US$550 million in contingent payments, significantly boosting its metallurgical coal portfolio and production scale in Queensland.

Redcastle Resources has delivered robust assay results from infill drilling at its Queen Alexandra deposit, confirming mineralisation continuity and expansion below the current pit design. The company plans a substantial grade control drilling program to sharpen mine planning within a 1.7 km gold corridor.

Athena Resources has entered a strategic joint venture with Terra Mining and Fenix Resources to accelerate development of premium magnetite concentrate at the Narryer Prospect, aiming for production by early 2028.