Latest Resource And Reserve Updates News

CuFe’s expanded scoping study for its Orlando copper-gold project integrates underground mining and new bismuth and silver revenue streams, lifting project NPV to A$908 million at spot prices and shortening payback to 10 months.

Astron Limited has updated its Donald Rare Earth and Mineral Sands Project with a refreshed Bankable Feasibility Study showing a pre-tax NPV8 of AUD 759 million, strengthened Indigenous agreements, and a targeted Final Investment Decision in Q2 2026.

EQ Resources has launched a significant drilling campaign at its Mt Carbine Tungsten Mine aiming to upgrade resources and support mine life extension amid rising tungsten prices.

AIC Mines reports significant growth in Mineral Resources and Ore Reserves at its Eloise Copper Mine and Jericho Copper Project, underpinning potential mine-life extensions and production growth.

Challenger Gold has initiated ore haulage from its Hualilán Mine to the Casposo Plant, marking a pivotal step in its toll milling strategy aimed at near-term production and cash flow. The company also reports robust resource and reserve updates alongside key infrastructure advancements.

West African Resources has reported significant diamond drilling results extending high-grade gold mineralisation well below its current resource at Sanbrado, Burkina Faso, setting the stage for a major resource update in Q2 2026.

Kaiser Reef Limited reported a robust December quarter with nearly 7,000 ounces of gold produced at Henty, a 29% increase in gold reserves, and a strengthened cash position of A$43.1 million.

Beacon Minerals has reported robust assay results from 104 reverse circulation drill holes at its Iguana Deposit, confirming strong high-grade gold mineralisation at depth and reinforcing confidence in its geological model.

Astral Resources confirms robust high-grade gold zones at Theia Deposit and discovers a promising new target west of Theia, advancing its Mandilla Gold Project development.

Metals X Limited has updated its Renison Tin Operations Ore Reserve, reporting a 7.5 million tonne reserve with 102,720 tonnes of contained tin, reflecting an 8.5% decline from last year but affirming a near-decade mine life.

Bowen Coking Coal Ltd has released its mid-2025 update on coal resources and reserves across key Queensland projects, confirming 11 million tonnes of run-of-mine coal reserves at Ellensfield South and Plumtree North. The report also highlights a significant resource increase at Hillalong South and a steady reserve position at Broadmeadow East amid ongoing administration.

Ramelius Resources has announced a maiden 1.6 million ounce ore reserve at its Never Never underground deposit, alongside plans to expand the Mt Magnet processing plant to 5 million tonnes per annum, underpinning a robust 11-year mine life and strong financial outlook.