Latest Underground Mining News

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Iluka Resources reported a solid FY 2024 with $1.13 billion in mineral sands revenue and a net profit of $231 million, while advancing key projects like Balranald and Eneabba refinery.
Maxwell Dee
Maxwell Dee
19 Feb 2025
Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.
Maxwell Dee
Maxwell Dee
19 Feb 2025
Artemis Resources has completed the second tranche of a $4 million capital raise, enabling the resumption of drilling at its Karratha Gold Project after cyclone-related delays.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Prodigy Gold NL has unveiled its comprehensive exploration plans for 2025, targeting resource expansion at Hyperion and Tregony deposits while advancing development options at Old Pirate. The company aims to leverage drilling results and metallurgical studies to accelerate project development in the Northern Territory.
Maxwell Dee
Maxwell Dee
17 Feb 2025
New Hope Group delivered a robust quarterly performance with a 21.8% rise in underlying EBITDA and a 33% jump in saleable coal production for the first half of FY25, underpinned by operational efficiencies and strategic investments.
Maxwell Dee
Maxwell Dee
17 Feb 2025
Pantoro Limited reports exceptional high-grade gold intersections from initial drilling in the Southern Mainfield of its Norseman Gold Project, reinforcing its strategy to expand underground mining operations.
Maxwell Dee
Maxwell Dee
17 Feb 2025
Brightstar Resources has entered a strategic earn-in agreement with Cazaly Resources, allowing Cazaly to earn up to 80% of the Goongarrie Gold Project by funding $3 million in exploration. This move streamlines Brightstar’s portfolio, enabling a sharper focus on advancing key development projects.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Evolution Mining Limited has reported a record statutory net profit after tax of $365.1 million for the half-year ended December 31, 2024, driven by strong operational performance and higher gold and copper prices. The company also declared a fully franked interim dividend of 7.0 cents per share, continuing its consistent shareholder returns.
Maxwell Dee
Maxwell Dee
12 Feb 2025
Nexus Minerals has launched an 11,000-metre aircore drilling program at its Wallbrook Gold Project, targeting promising new and existing gold prospects with assay results expected by April 2025.
Maxwell Dee
Maxwell Dee
11 Feb 2025
Southern Hemisphere Mining's 2024 drilling campaign at Llahuin in Chile reveals promising copper-gold grades and extends the Cerro-Ferro system strike, setting the stage for deeper exploration in 2025.
Maxwell Dee
Maxwell Dee
10 Feb 2025
Golden Horse Minerals has reported compelling soil geochemistry results at its Southern Cross Project, revealing multiple significant gold anomalies and securing a strategic mining lease to bolster exploration efforts.
Maxwell Dee
Maxwell Dee
10 Feb 2025