Latest Storage Facilities News

WA Gold’s scoping study for its Abercromby Gold Project outlines a staged mining plan with modest A$8 million upfront capital, targeting 114,000 ounces from mostly Indicated Resources and projecting A$270 million pre-tax cashflow.

Kaiser Reef reports promising drilling results and key infrastructure upgrades at its Maldon Gold Project, setting the stage for expanded exploration and production in Victoria’s historic gold district.

Sunstone Metals has delivered a robust Scoping Study for its Bramaderos Gold-Copper Project in Ecuador, outlining a 23-year mine life, strong production rates, and a post-tax NPV of US$0.9 billion at a conservative gold price. The study highlights low operating costs and substantial exploration upside, setting the stage for a pre-feasibility study and funding pursuits.

Magnetic Resource NL has submitted an updated Mining Proposal for its Lady Julie Gold Project, incorporating a revised tailings strategy and enhanced technical studies, as it continues to engage with regulators ahead of development.

Barton Gold's recent drilling at the Challenger Gold Project has revealed previously unmodelled high-grade gold mineralisation up to 170.7 g/t Au adjacent to historical open pits, boosting prospects for a low-risk operational restart.

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.

29Metals Limited (ASX:29M) swung to a $24 million net profit in 2025, powered by steady copper output at Golden Grove despite seismic disruptions, cost efficiencies, and key progress on growth projects including Gossan Valley and Capricorn Copper restart.

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.

Stellar Resources has pushed its Heemskirk Tin Project closer to development readiness, reporting a 41% increase in the Queen Hill resource and uncovering new high-grade tin mineralisation below the Severn deposit. The company also secured a key tailings facility agreement and maintains a strong cash position amid volatile tin prices.

Sovereign Metals has delivered a definitive feasibility study (DFS) for its Kasiya Rutile-Graphite Project in Malawi, revealing robust economics, a 25-year mine life, and the potential to become the world’s largest producer of natural rutile and flake graphite, both critical minerals for Western supply chains.

Brightstar Resources has secured a five-year strategic agreement with Aquirian Limited to supply drill and blast services at its Goldfields Hub, leveraging patented technology to optimise open pit mining efficiency and safety.

Native Mineral Resources (ASX:NMR) has resumed mining at Blackjack South, with ore now feeding the processing plant and Podosky mining poised to start late April. Far Fanning drilling is underway, aiming for a 2027 production ramp-up.