Latest Underground Mining News

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Perseus Mining reported steady gold production in Q2 FY26 with 88,888 ounces at a higher cost, maintaining a robust cash and bullion balance of US$755 million. The company’s development projects remain on track despite increased royalties and a rejected acquisition bid.
Maxwell Dee
Maxwell Dee
29 Jan 2026
Iluka Resources reported a strong finish to 2025 with record zircon and rutile production, while advancing its Eneabba rare earth refinery and navigating softer zircon prices amid cautious 2026 guidance.
Maxwell Dee
Maxwell Dee
29 Jan 2026
Rand Mining Ltd reported a significant 96% increase in gold mined during the December 2025 quarter, driven by heightened activity at the Hornet open pit and strong processing through Evolution Mining’s Mungari plant. The company also posted improved cash flows amid ongoing exploration efforts.
Maxwell Dee
Maxwell Dee
28 Jan 2026
Tribune Resources Ltd reported a 96% increase in gold mined at its East Kundana Joint Venture in the December 2025 quarter, alongside ongoing exploration progress in Ghana with assay results pending.
Maxwell Dee
Maxwell Dee
28 Jan 2026
True North Copper Limited has released an updated Mineral Resource Estimate for its Wallace North copper-gold deposit, showing a 12% increase in tonnes and supporting ongoing development of the Cloncurry Copper Project in Queensland.
Maxwell Dee
Maxwell Dee
28 Jan 2026
Benz Mining Corp’s latest drilling at the Glenburgh Gold Project reveals ultra high-grade shallow gold lenses and extends a large-scale mineralised system, positioning Glenburgh as a promising new gold district in Western Australia.
Maxwell Dee
Maxwell Dee
28 Jan 2026
29Metals Limited has initiated a fully underwritten $150 million entitlement offer at $0.40 per share, aiming to bolster its growth projects and operational recovery following seismic disruptions. The retail offer opens on 28 January and closes on 11 February 2026.
Maxwell Dee
Maxwell Dee
28 Jan 2026
Grange Resources delivered a robust quarter with increased concentrate output and reduced unit costs at Savage River, while advancing financing for its North Pit Underground project.
Maxwell Dee
Maxwell Dee
28 Jan 2026
Blackstone Minerals reports a Cease & Desist order halting exploration at its Mankayan Copper-Gold Project, while securing key Indigenous and government approvals and undergoing significant board changes.
Maxwell Dee
Maxwell Dee
28 Jan 2026
Meeka Metals delivered a robust December quarter with a 28% jump in gold production and nearly doubled operating cash flow, while exploration at new targets hints at further resource expansion.
Maxwell Dee
Maxwell Dee
28 Jan 2026
WIN Metals has unveiled a robust scoping study for its Butchers Creek Gold Project, confirming a 9-year mine life and solid economics, while exceptional high-grade drilling at its Radio Gold Project points to near-term development potential.
Maxwell Dee
Maxwell Dee
27 Jan 2026
Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.
Maxwell Dee
Maxwell Dee
27 Jan 2026