Latest Underground Mining News

Group 6 Metals reported a $23 million loss for H1 2024 amid operational setbacks but completed a major $81 million debt-to-equity recapitalisation, setting the stage for a strategic turnaround.

Alkane Resources has met its FY2025 gold production guidance with 70,120 ounces from Tomingley, while significantly strengthening its cash and investment position.

Iltani Resources reports continued high-grade silver-indium intersections from recent drilling at its Orient West project, reinforcing its status as Australia’s premier silver-indium discovery. The company is on track to deliver an initial JORC Resource estimate by the end of July 2025.

Emmerson Resources has initiated critical geotechnical drilling at its White Devil Gold Deposit, progressing towards a feasibility study following a comprehensive reverse circulation drill campaign. The company’s scoping study signals strong potential for a major mine designation.

Dart Mining's latest drilling at the Triumph Gold Project reveals multiple new high-grade gold zones, supporting a resource upgrade and expanding mining potential.

Santana Minerals has released an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, showcasing higher gold grades, reduced capital costs, and robust financial returns that position the project as a compelling new gold mine in New Zealand.

Meeka Metals has poured its first gold at the Murchison Gold Project on schedule, marking a significant milestone within 12 months of breaking ground. The company is now progressing steadily towards its targeted annual production of 80,000 ounces.

Medallion Metals has taken a crucial step by acquiring 258 hectares near Ravensthorpe to meet environmental offset requirements, advancing its gold project approvals under federal law.

Adriatic Metals has officially declared commercial production at its Vareš Silver Operation in Bosnia and Herzegovina, overcoming earlier operational hurdles. This milestone sets the stage for steady output and stronger cash flow.

Santana Minerals has unveiled an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, revealing lower capital costs, higher gold grades, and robust financial returns that position the project as a low-cost, high-margin operation in New Zealand.

Santana Minerals has released an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, showcasing robust economics with a 13.8-year mine life and strong production profile. The study highlights significant capital efficiency improvements and a refined mining strategy.

Brightstar Resources has unveiled a definitive feasibility study for its Laverton-Menzies gold projects, outlining a clear growth trajectory targeting 70,000 ounces annually over five years and aiming for 200,000 ounces by 2029.