Latest Underground Development News

Wildcat Resources is progressing its Definitive Feasibility Study for the Tabba Tabba lithium-tantalum project, targeting accelerated processing plant expansion and incorporating tantalum and petalite to boost project economics.

Ora Banda Mining has significantly expanded its gold resources and reserves at Waihi and Round Dam, while greenlighting a $375 million new mill and Waihi Underground development as part of its DRIVE to 300 growth plan.

Medallion Metals has unveiled multiple high-grade gold-copper-silver intercepts from its Kundip Mining Centre drilling, boosting confidence in early mine plan stages before underground development begins in August 2026.

Grange Resources edges closer to a long-term mining lease extension for its Savage River North Pit Underground Project, but funding challenges emerge as a major shareholder pulls back support amid volatile markets.

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

Core Lithium has secured a $274 million contract with Develop Global to advance underground mining at the BP33 deposit, a cornerstone of its Finniss Lithium Operation, aiming for first ore by mid-2027 and full production in 2028.

Develop Global has landed a substantial A$274 million underground mining contract at Core Lithium’s Finniss Project, marking a major shift from Bellevue Gold and boosting its lithium services portfolio.

Barminco, Perenti's underground mining arm, has landed a significant A$850 million contract at Bellevue Gold Project, expanding its Australian footprint and requiring A$75 million growth capital in FY27.

Ballymore Resources launches a $3.24 million pro-rata entitlement offer priced at 12.5 cents per share, sweetened with free attaching options exercisable at 22 cents, to fund ongoing Queensland exploration and development.

Larvotto Resources has hit a key operational milestone with first ore delivered from its Metz underground mine to surface stockpiles at Hillgrove, maintaining schedule and budget ahead of plant commissioning in August 2026.

Catalyst Metals continues to expand the Trident underground gold deposit with drilling results that extend mineralisation beyond current resources, underpinning a decade-long mine plan at 60,000 ounces per annum.

Medallion Metals has kicked off reverse circulation drilling at Lounge Lizard and Teddy Bear within its Forrestania Gold Project, validating high-grade historical results and targeting a maiden resource by Q3 2026.