Latest Underground Mining News

Hawthorn Resources reports exceptional high-grade gold results from a major drilling campaign at its Anglo Saxon project, setting the stage for potential open pit mining development.

Magnetic Resource NL is refining its Lady Julie Gold Project with updated mine designs and infrastructure work, aiming to reduce costs and boost gold recovery ahead of a final optimization report in early 2026.

Westgold Resources is set to demerge its non-core Reedy and Comet gold projects into a new ASX-listed entity, Valiant Gold, aiming to unlock value and fast-track cash flow through a strategic ore purchase agreement.

Medallion Metals has completed a Feasibility Study for its Ravensthorpe Gold Project, confirming robust economics and a clear pathway to near-term gold and copper production leveraging existing infrastructure in Western Australia.

Brightstar Resources has upgraded Mineral Resources at its Menzies Gold Project by 22%, significantly expanding its Indicated gold ounces and setting the stage for near-term mining development. The updated estimates underpin the upcoming Goldfields DFS 2.0 and a targeted Final Investment Decision in early 2026.

Andean Silver Limited reports significant high-grade silver-gold drilling results at its Cerro Bayo Project in Chile, extending mineralisation beyond existing resources near key processing infrastructure. These findings set the stage for a resource update in the first half of 2026.

GreenTech Metals has agreed to acquire up to 80% of the high-grade Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia, consolidating a significant land package and planning a drilling campaign to upgrade the resource by early 2026.

Lunnon Metals reports significant high-grade gold assay results from the Lady Herial deposit, confirming promising mineralisation below and within the planned open pit. The company advances towards regulatory approvals and a final investment decision.

Rand Mining has released a replacement exploration report for the East Kundana Joint Venture, highlighting new JORC disclosures and promising high-grade gold assay results from the Ambition prospect.

Tribune Resources has replaced its initial FY2026 Q1 EKJV exploration report with a more detailed version, revealing promising high-grade gold assay results and enhanced compliance disclosures.

Ramelius Resources launches a substantial A$250 million share buyback program alongside a dividend increase, signaling confidence in its expanding gold production and cash flow profile.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.