Latest Underground Mining News

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Brightstar Resources has reported a remarkable 91% increase in gold production at its Laverton underground mines for the September quarter, setting a new company record. The ramp-up at the Fish mine and ongoing exploration efforts signal strong growth potential.

Ballard Mining’s latest exploration update reveals a surge in gold targets at its Mt Ida Project, with promising drilling results and a new mineralised trend boosting prospects ahead of a Maiden Ore Reserve in 2026.

Black Cat Syndicate has locked in ore purchase agreements to boost processing at Lakewood, supporting the ramp-up of its Fingals and Majestic mines under its More Gold, Sooner strategy.

Rio Tinto reported robust third quarter 2025 production results, highlighted by record outputs in bauxite and copper, and an upgraded bauxite production forecast. Key projects like Simandou and Oyu Tolgoi continue to progress on schedule, underpinning the company’s growth trajectory.

Pantoro Gold’s latest underground drilling at the Norseman Gold Project reveals multiple high-grade gold intersections, confirming significant near-term mining potential.

Mammoth Minerals has intensified its exploration at the Excelsior Gold-Silver Project with a second drill rig, aiming to deliver its first resource estimate by Q4 2025. A comprehensive magnetics survey further sharpens targeting across multiple mineralised trends.

Broken Hill Mines has commenced mining and processing of the high-grade Blackwoods ore body at its Rasp Mine ahead of schedule, boosting exposure to precious metals amid soaring silver prices.

Develop Global Limited's updated Definitive Feasibility Study for its Sulphur Springs Zinc-Copper Project reveals a 76% surge in project valuation and a doubling of free cash flow to A$1.5 billion, setting the stage for final investment decision and construction.

Wildcat Resources reports a robust Preliminary Feasibility Study for its Tabba Tabba lithium project, alongside a significant new lithium discovery at Bolt Cutter Central, signalling strong growth potential in the Pilbara region.

Black Cat Syndicate has commenced mining at its Fingals open pit, marking a significant step in its Kal East gold operation with expected strong gold production and ongoing resource expansion.

Ora Banda Mining has delivered a record gold production quarter alongside a substantial cash flow boost, setting a strong tone for FY26 growth.