Latest Underground Mining News

True North Copper is expanding its Mt Oxide copper district with the Aquila-Chidna discovery now stretching over 2.3km, while progressing a prefeasibility study at Cloncurry due late 2026.

Great Divide Mining has consolidated and restated a high-grade gold resource at its Adelong Project, confirming 169,700 ounces of contained gold with over half classified as Measured or Indicated.

Many Peaks Minerals has revealed a major down-dip extension of gold mineralisation at its Ouarigue prospect in Côte d’Ivoire, highlighted by a 36m intercept at 2.64g/t gold from 600m depth. The results support ongoing resource growth and underpin plans for an updated Mineral Resource Estimate by the end of September.

Vault Minerals has reported a 9% increase in its 2026 Ore Reserves to 3.9 million ounces of gold, driven by notable gains at its Leonora and Deflector operations, underpinning a robust production outlook through FY29.

CuFe Ltd posted a $5.14 million net loss for FY26, driven by exploration expenses and share-based payments, while making substantial progress on its Tennant Creek Copper Project, buoyed by a $15.4 million strategic investment from Pan African Resources and a $20.75 million capital raise.

Vertex Minerals has revised the Reward Gold Mine resource to 146,900 ounces at 16.68 g/t gold, boosting the Indicated grade by 36% to 21.17 g/t. The update refines geological confidence and outlines three priority underground drilling targets ahead of planned 2027 operations.

Catalyst Metals' latest infill drilling at the Cinnamon gold deposit delivers thick, high-grade intercepts, underpinning plans for bulk underground mining and supporting an imminent Resource and Reserve update.

Meeka Metals has reached a steady-state processing throughput of around 600,000 tonnes per annum, with the ore sorter commissioning set for October 2026 promising to double ore grade and increase milling capacity.

High-Tech Metals has lifted its Mt Fisher gold resource by nearly half, adding a significant underground component beneath the historical pit. This expansion sets the stage for further drilling and development.

West Wits Mining has transitioned from developer to producer with first gold poured at Qala Shallows, backed by a $97 million project finance package and a resource base expanded to 7.24 million ounces.

Maritana Minerals has announced a maiden underground Ore Reserve of 31,600 ounces at Rose Hill, lifting group reserves to 236,000 ounces and setting the stage for gold production in H2 2027.

Liontown Limited (ASX:LTR) has reported its maiden profit and strong cash flow in FY26, completing its transition to fully underground mining at Kathleen Valley and advancing expansion plans with a final investment decision due early FY27.