Latest Underground Development News

Brightstar Resources has initiated ore haulage from its Laverton Hub under a key Ore Purchase Agreement, setting the stage for its first gold pour in March 2025 and positioning the company for growth amid record gold prices.

De Grey Mining reports outstanding infill drilling results at the Eagle deposit within the Hemi Gold Project, highlighting significant mineralisation extensions and reinforcing the case for future underground mining development.

Regis Resources delivered a robust December quarter with 101.3koz gold production at $2,317/oz AISC, repaid $300 million debt early, and set a promising Exploration Target at Ben Hur.

Carnavale Resources has expanded its Kookynie Gold Project with the discovery of the Tiptoe lode and significant depth extensions at Swiftsure, enhancing resource potential amid rising gold prices.

Liontown Resources has delivered a robust December quarter, achieving positive net cash flow and record production at its Kathleen Valley lithium project, reinforcing its path to becoming a major sustainable spodumene supplier.

Alkane Resources has reported significant gold intercepts from deep core drilling beneath the San Antonio deposit, revealing promising underground mineralisation potential. The company is advancing a comprehensive exploration program to expand its resource base at Tomingley.