Latest Underground Mining Projects News

Freehill Mining has appointed seasoned engineer Marco Meneses to spearhead development at its Blanco y Negro copper-gold project, coinciding with Chile's planned legislative change to double processing thresholds for small miners, enhancing project viability.

Perenti's subsidiary AMS, through AMAX Ltd, has secured a six-month contract extension at the Iduapriem Gold Mine in Ghana, including the sale of mining equipment valued between A$30 million and A$40 million to AngloGold Ashanti.

Kore Potash made steady progress on its Kola Potash Project in Q1 2026, completing key marine and topographic studies while navigating design revisions and ongoing financing talks. The company’s formal sale process continues with one bidder remaining active and cash reserves at US$8.3 million.

Grange Resources has released its 2025 Annual Mineral Resource and Ore Reserve Statement for its Savage River operation, reporting only minor declines due to mining depletion and ongoing refinement of underground plans.

Greatland Resources reports significant expansion of high-grade gold and copper mineralisation at its West Dome Underground project, advancing towards a maiden resource estimate supported by existing infrastructure.

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

SSH Group has kicked off site preparation at the Mt Fisher Gold Project, setting the stage for drilling and resource upgrades that could unlock significant value from historic stockpiles and tailings.

Core Lithium has launched a $10 million Share Purchase Plan offering eligible shareholders the chance to buy new shares at the same price as a recent institutional placement, aiming to bolster working capital and support key project developments.