Latest Underground Mining Development News

Celsius Resources has obtained a six-month extension to meet funding conditions for its flagship MCB Project, while progressing engineering design and maintaining a stable cash position of A$1.053 million.

Vertex Minerals has completed construction and begun commissioning of its Gravity Gold plant at the Reward Gold Mine, supported by significant capital raises and strategic hires.

Focus Minerals Ltd. reported record ore processing at its Three Mile Hill plant and significant progress on the Bonnie Vale Underground Mine during the December 2024 quarter, supported by a solid cash position of $16.5 million.

Tribune Resources Ltd delivered a robust December 2024 quarter with increased gold production and a strong net cash inflow, underpinned by ongoing exploration and operational advancements.

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.

Liontown Resources has reported a robust December 2024 quarter at its Kathleen Valley Lithium Operation, delivering strong production and financial results that underscore its trajectory towards becoming a world-class lithium producer.