Latest Underground Mining News

Zimplats delivered steady mined and milled volumes in Q1 FY2026 with improved safety performance and significant cost increases. Major capital projects remain on track despite operational challenges.

Meeka Metals reports exceptional underground gold grades exceeding 100 g/t at its Andy Well mine, accelerating development and production at the Murchison Gold Project.

SSH Group Ltd reports a robust 17% revenue increase for Q3 2025, bolstered by a $2.53 million strategic placement from Xinhai Mining Services, advancing key gold projects and expanding its mining services footprint in Western Australia.

Rand Mining reported steady gold production and promising exploration results in the September 2025 quarter, alongside an improved cash position despite rising operating costs.

Carnavale Resources has significantly upgraded its Kookynie Gold Project with a new resource estimate and scoping study, underpinning strong economics and a clear path to production. A $3 million placement and a $4.09 million entitlement offer support advancing to a Bankable Feasibility Study in 2026.

Ballard Mining accelerates exploration at its fully permitted Mt Ida Gold Project, revealing a substantial new exploration target alongside a robust existing resource base.

Dreadnought Resources has upgraded its scoping study for the Star of Mangaroon gold project, increasing the initial production target by 24% to approximately 24,700 ounces at 8.3 g/t gold, while halving the maximum cash drawdown to $5.4 million.

Capricorn Metals delivered record gold production and cash flow in Q1 FY26, progressing its Karlawinda Expansion Project and securing a key acquisition to bolster its resource base.

Siren Gold Limited has bolstered its leadership and financial position while delivering encouraging exploration results across its New Zealand gold and antimony projects, setting the stage for resource expansion and development progress.

Truscott Mining Corporation advances exploration at Westminster and Barkly Projects, confirming new mineralised zones and refining structural models to guide targeted drilling. The company is also progressing site preparations and exploring funding options to support phased development.

Aeris Resources has announced a maiden open pit Probable Ore Reserve for its Constellation Project in New South Wales, underpinning a 5-to-7-year mine life and leveraging existing Tritton processing infrastructure.

SQX Resources is set to acquire an 80% stake in AM6 Pty Ltd, gaining control of high-grade gold and silver projects in Montana and Arizona, with drilling programs slated to commence in December 2025.