Latest Underground Mining News

Carnavale Resources advances its high-grade gold exploration at the Kookynie Gold Project with ongoing drilling targeting extensions at Swiftsure and the newly discovered Tiptoe deposit. Assay results due in June will be pivotal for resource expansion and project development.

Red Metal Limited's March 2025 quarterly report reveals robust progress across its rare earth and base metals projects, underpinned by promising drilling results and supportive government funding.

Winsome Resources navigates lithium market headwinds by optimizing capital, progressing the Adina Lithium Project’s regulatory and feasibility milestones, and expanding its strategic footprint with a high-grade cesium-lithium discovery and extended Renard acquisition option.

Burgundy Diamond Mines reported a pivotal Q1 2025, completing the transition to Point Lake open pit mining while securing US$73 million in diamond sales and advancing mine life extension plans to 2030 and beyond.

Burgundy Diamond Mines has released its 2024 Mineral Resources and Ore Reserves update for the Ekati diamond mine, showing minor depletion consistent with active mining operations. The report underscores the mine’s continued operational strength and adherence to industry standards.

New Murchison Gold Limited has confirmed ultra-high-grade gold mineralisation at unprecedented depths below its Crown Prince open pit project, signalling strong underground potential. The latest diamond drilling results include a staggering 0.28m at 17,240 g/t gold, reshaping the project's future development outlook.

Westgold Resources reported robust Q3 FY25 exploration results, drilling 83km and investing $11 million across its Murchison and Southern Goldfields portfolios, highlighting high-grade gold intercepts and advancing the Fortnum Expansion Project.

Capricorn Metals delivered a strong March quarter with rising gold output at Karlawinda, record operational cash flow, and significant progress on Mt Gibson development. The company also closed its gold hedging contracts, increasing exposure to gold price gains.

Ora Banda Mining delivered a robust March quarter with rising gold production and sales, significant exploration breakthroughs including a new greenfields discovery, and a strategic revision to FY25 production and cost guidance.

Coronado Global Resources delivered March quarter production in line with plans despite Queensland rainfall, progressing key expansion projects and implementing significant cost reductions to navigate challenging metallurgical coal markets.

Latitude 66 Limited’s March 2025 quarterly report highlights a compelling Scoping Study for its flagship KSB Gold-Cobalt Project in Finland, confirming strong economics and promising expansion potential. Concurrently, exploration advances at KSB North and Edjudina, alongside strategic corporate developments.

Forrestania Resources delivered strong high-grade gold drilling results at Ada Ann and Lady Lila, while exercising key options to broaden its exploration footprint in Western Australia.