Latest Underground Mining Development News

Black Cat Syndicate has officially commenced underground mining at its Majestic deposit within the Kal East Gold Operation, marking a significant step in its growth strategy. With Macmahon Underground contracted and initial production targets set, the company is poised to boost gold output in the coming years.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Northern Star Resources confirms steady Ore Reserves at KCGM and outlines robust FY26 production guidance amid ongoing mill expansion. The company highlights strategic underground development and exploration efforts supporting future growth.

Aguia Resources reported steady progress in its June 2025 quarter, highlighting underground gold production in Colombia and development milestones in Brazil’s phosphate project, alongside strategic capital raises and operational restructuring.

Meeka Metals has successfully poured first gold at its Murchison Gold Project, marking a key milestone achieved within nine months of construction start. The company is accelerating both open pit and underground mining operations, supported by expanded capital expenditure and strong drilling results.

Rand Mining Ltd reported solid gold production of 8,916 ounces in the June 2025 quarter, alongside improved cash flow and ongoing exploration success at key Western Australian projects.

Focus Minerals reported a record gold pour in June 2025 at its Three Mile Hill plant, alongside significant mining progress and infrastructure upgrades at Coolgardie. The company also completed a $250 million sale of its Laverton Gold Project, strengthening its balance sheet.

Greatland Resources reports strong FY25 results with gold and copper production meeting guidance and costs significantly below expectations. The company advances Havieron feasibility and outlines ambitious FY26 growth capital plans to extend mine life and boost production.

Hillgrove Resources reported operational gains and exploration success in Q2 2025, despite lower copper output due to grade variability. The Nugent acceleration project is progressing ahead of schedule, setting the stage for increased throughput and cost efficiencies in 2026.

Iltani Resources continues to impress with broad, high-grade silver and base metals intersections from its Orient West drilling program in Queensland, setting the stage for a significant JORC Resource estimate.

Brightstar Resources has kicked off its second ore processing campaign under a key agreement with Genesis Minerals, while development at its Fish underground mine remains on track for first ore in June. The company is poised for growth with a near-complete feasibility study and increased drilling activity.

Brightstar Resources has locked in a US$11.5 million revolving finance facility with Ocean Partners, bolstering working capital to fuel production expansion and exploration across its Western Australian gold projects in 2025.