Latest Underground Development News

Rox Resources has finished dewatering the Youanmi Main Pit and is advancing underground mining and infrastructure, positioning the project on track for production.

Emerald Resources has cleared the final regulatory hurdle for its Dingo Range Gold Project and committed A$30 million to critical equipment purchases, underpinning its ambition to become a multi-mine gold producer across Australia and Cambodia.

Catalyst Metals has finished mining the Trident open pit at its Plutonic Gold Belt project, enabling underground development expected to produce about 60,000 ounces annually from 2027. This milestone supports Catalyst's strategy to double gold output by developing multiple underground mines feeding a central processing plant.

Southern Cross Gold has awarded PYBAR Mining Services the contract to build an underground exploration decline at its Sunday Creek project, enabling a near doubling of drilling rigs and positioning the project as a global pre-development drill-out leader.

Ballymore Resources is raising $3.24 million through a non-renounceable entitlement offer to fund drilling, geophysical surveys, and trial mining across key Queensland projects, including Dittmer and Ruddygore.

Larvotto Resources extends high-grade gold-antimony-tungsten mineralisation at its Metz Mining Centre, with the Midas Gully lode now stretching over 700m and open at depth, supported by new geophysical data.

PC Gold has reported high-grade gold intercepts extending the Main Zone at Spring Hill by 120 metres south, with mineralisation now found within the existing pit shell and drilling ramping up to accelerate resource growth ahead of a June update.

Vertex Minerals accelerated gold production at its Reward Gold Mine to 284 ounces in the March quarter, supported by underground rehabilitation, operational upgrades, and new funding facilities. The company also expanded its exploration footprint with the Dun Dun licence and is pursuing 24/7 underground mining approval.

Adavale Resources reports strong assays from initial drillholes at London-Victoria, revealing high-grade northern lodes and broad southern mineralisation that underpin resource growth potential.

Liontown Limited delivered its strongest financial quarter since production began, achieving a self-funded quarter with a $33 million cash boost and surpassing underground mining targets ahead of schedule, while maintaining FY2026 guidance amid robust lithium market conditions.

QMines Limited reported a busy March quarter with strong drilling results at Mount Mackenzie, a resource upgrade at Develin Creek, and progress on the Mt Chalmers feasibility study, underpinned by a $15 million strategic funding package from QIC.

Medallion Metals has greenlit development at Ravensthorpe following a $50 million loan and environmental approval, while integrating Forrestania assets to underpin a multi-source gold strategy.