Latest Underground Mining News

Lunnon Metals has completed a detailed Scoping Study on its Baker and Foster nickel sulphide deposits, highlighting potential economic viability despite ongoing uncertainty over processing arrangements. The study recommends sequential mining starting with the fully permitted Baker deposit, which remains profitable even at current nickel prices.

Pantoro Gold capped FY2025 with robust production and cashflow, eliminating debt and setting ambitious growth targets for FY2026 at its Norseman Gold Project.

Regis Resources closed FY25 with gold production near the top of guidance and a robust cash and bullion position of $517 million. The company’s FY26 outlook maintains steady production while ramping up growth investments amid ongoing legal and exploration developments.

Truscott Mining Corporation has re-established gold production in the Tennant Creek gold field and is progressing the Westminster high-grade gold project through advanced geological research and a structured development plan.

Rox Resources has announced a significant upgrade to the Youanmi Gold Project’s underground resource, boosting contained gold by 21% and increasing grade to 6.0 g/t, setting a robust foundation for its upcoming Definitive Feasibility Study.

Magnetic Resources NL has reported a significant 22% increase in gold resources at its Lady Julie Gold Project, now containing over 2.14 million ounces, while securing a key Native Title Agreement that clears the path for mining leases and development.

Hillgrove Resources reported operational gains and exploration success in Q2 2025, despite lower copper output due to grade variability. The Nugent acceleration project is progressing ahead of schedule, setting the stage for increased throughput and cost efficiencies in 2026.

Yancoal’s June quarter report reveals steady coal production despite weather disruptions and a dip in realised prices, supported by a robust $1.8 billion cash reserve. The company remains confident in hitting upper-end production guidance amid ongoing market volatility.

Adelong Gold Limited has successfully completed its first gold pour at the Challenger Gold Mine, marking its transition from explorer to producer and validating its joint venture strategy.

Santana Minerals reports significant high-grade assay results from drilling at the northern extensions of its Rise and Shine gold deposit, bolstering prospects for resource upgrades and mine life extensions.

Brightstar Resources reports a 25% production increase at its Second Fortune mine and unveils a promising new lode, while ore haulage begins at its Fish underground operation.

Wia Gold Limited has significantly upgraded its Kokoseb Gold Project resource to 2.93 million ounces, advancing steadily toward a Definitive Feasibility Study targeted for late 2026. The company’s accelerated drilling and strong high-grade results underpin its ambition to become Namibia’s fourth commercial gold mine.