Latest Underground Mining News

Variscan Mines’ Scoping Study for the San José Mine restart in Spain reveals strong economics, low upfront capital, and an 11-year mine life, setting the stage for zinc and lead production from 2028.

West Coast Silver has kicked off a significant 4,000-metre drilling campaign at its Elizabeth Hill project, aiming to expand the high-grade silver mineralisation near surface along the Munni Munni Fault in Western Australia.

Native Mineral Resources (ASX: NMR) has updated its drilling results at the Podosky deposit in Queensland, confirming shallow, high-grade gold mineralisation that supports near-term open-pit mining plans. Mining activities are targeted to commence in April 2026.

Resources & Energy Group Limited (ASX: REZ) has announced a significant upgrade to the Goodenough Gold Deposit resource at its East Menzies Gold Project, increasing contained gold by over 15,000 ounces to 61,200 ounces. The majority of the resource is now classified as Indicated and remains open for expansion.

Advance Metals has confirmed significant gold mineralisation at the Queen of the Hills Prospect near Happy Valley, with ongoing drilling and metallurgical testing pointing to a promising expansion of the Myrtleford Project’s gold footprint.

Terramin Australia has initiated site preparation at its Tala Hamza Zinc Project in Algeria following the resolution of land access issues, backed by a significant government land acquisition. This milestone signals a shift from delays to active development readiness for one of the world’s largest undeveloped zinc deposits.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

Brightstar Resources has completed a $313 million funding package, fully financing its Goldfields Project to production and advancing the Sandstone Project towards a final investment decision.

Stavely Minerals has unveiled a substantial upgrade to its 2026 Mineral Resource Estimate, more than doubling contained copper and advancing a scoping study that highlights promising production potential.

CuFe Ltd has significantly upgraded the Orlando Copper-Gold Deposit resource classification at Tennant Creek, boosting Indicated tonnes to 87% and enabling underground mining studies. This milestone enhances the project’s economic outlook with critical minerals now factored into upcoming development plans.

Broken Hill Mines reveals a large, continuous zone of exceptionally high-grade silver-lead-zinc mineralisation at its Pinnacles Mine, with grades soaring up to 1,556g/t AgEq. The discovery bolsters plans for accelerated underground development alongside near-term open pit operations.

Barton Gold has commenced a critical drilling program at its Challenger Gold Project, aiming to convert resources to ore reserves and deliver a Stage 1 feasibility study by mid-2026. This marks a pivotal step towards restarting operations and expanding regional development optionality.