Latest Underground Mining News

Larvotto Resources has released a definitive feasibility study for its Hillgrove Antimony-Gold Project, confirming robust economics and a targeted production start in 2026. The study outlines an 8-year mine life with strong margins and advanced project financing talks.

Pacgold Limited has announced a maiden JORC-compliant Mineral Resource Estimate of 854,000 ounces of gold at its Alice River Gold Project in North Queensland, underpinning an aggressive 10,000m drilling campaign to expand and upgrade the resource.

Global Uranium and Enrichment Limited has completed a scoping study for its Hansen Deposit in Colorado, revealing strong economic potential through innovative mining and beneficiation methods.

Liontown Resources has successfully ramped up production at its Kathleen Valley Lithium Operation, marking a milestone as Australia’s first underground lithium mine begins ahead of schedule. The company reports strong operational and financial performance amid robust lithium demand.

Brightstar Resources has locked in a US$11.5 million revolving finance facility with Ocean Partners, bolstering working capital to fuel production expansion and exploration across its Western Australian gold projects in 2025.

Turaco Gold Limited has updated its Afema Project mineral resource estimate to 3.55 million ounces of gold, marking a 40% increase since August 2024, while retracting a prior production target due to regulatory compliance concerns.

Aguia Resources has marked significant progress at its Santa Barbara gold project in Colombia, achieving maiden gold pours and initiating extensive drill testing. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise, positioning itself for expanded production.

Brightstar Resources has reported significant gold assay results from a 5,300m drilling campaign at its Sandstone Hub, confirming high-grade mineralisation continuity and open extensions that underpin ongoing resource upgrades and development studies.

Viking Mines has reported a standout high-grade gold intercept with visible gold at its Riverina East Project, highlighting significant exploration upside in a prolific gold district. The discovery at the Bifrost Target opens new avenues for follow-up drilling and resource expansion.

MetalsTech Limited has received the first tranche of a $3.3 million strategic investment to advance its Sturec Gold Project in Slovakia, underpinning a robust project outlook ahead of its Pre-Feasibility Study completion.

Burgundy Diamond Mines reported a challenging Q1-2025 with lower ore mined and revenue, yet continues to progress development at Point Lake and Misery mines while strengthening its financial position.

Meeka Metals has achieved a key milestone with first ore mined from its Murchison Gold Project open pits, setting the stage for process plant commissioning in June 2025. Mining at multiple high-grade oxide pits is underway alongside significant processing plant and power upgrades.