Latest Underground Mining News

Viking Mines has unveiled a high-grade inferred mineral resource of 19,000 ounces at its historic First Hit Gold Mine, alongside ongoing drilling and a strong cash position following a recent capital raise.

Southern Hemisphere Mining reports robust 2024 drilling results at its Llahuin Copper-Gold-Moly Project in Chile, extending the Cerro-Ferro system strike by 300m and revealing high-grade copper-gold intercepts. The company is advancing towards a Mineral Resource Estimate upgrade in the first half of 2025, with deeper diamond drilling planned.

Bellevue Gold Limited reports a robust December 2024 quarter with rising grades and tonnages, setting the stage for a significant production ramp-up and cost reductions in H2 FY25. The company also advances its commitment to sustainability, aiming for net-zero greenhouse gas emissions by 2026.

De Grey Mining reports outstanding infill drilling results at the Eagle deposit within the Hemi Gold Project, highlighting significant mineralisation extensions and reinforcing the case for future underground mining development.

Gold Road Resources projects a significant production increase at Gruyere in 2025 and has initiated underground drilling to potentially extend mine life beyond 2032.

Stanmore Resources capped off 2024 with record saleable coal production of 13.8 million tonnes, exceeding guidance despite operational headwinds. Strong performances at South Walker Creek and Poitrel, alongside strategic financial moves and a pioneering renewable fuels trial, position the company well for 2025.

Delta Lithium reports promising drilling outcomes at its fully permitted Mt Ida Gold Project, confirming resource growth potential and endorsing a standalone development strategy.

Advance Metals has approved an initial diamond drilling program targeting exceptionally high-grade gold zones at its Myrtleford Project, aiming to unlock significant regional potential following a strategic joint venture acquisition.

Andean Silver has revealed exceptional high-grade mineralisation at its Cerro Bayo project in Chile, including the highest silver equivalent grades in 40 years, with a resource update expected in Q1 2025.

Santana Minerals has reported a robust Pre-feasibility Study for its Bendigo-Ophir Gold Project, lifting the after-tax NPV to A$1.2 billion and IRR to 76%, as it progresses detailed engineering and fast-track permitting in New Zealand.

Mithril Silver and Gold Limited reports compelling high-grade silver and gold intercepts from its ongoing Target 1 drilling campaign in Mexico’s Copalquin District, setting the stage for a resource update and expanded exploration in 2025.

Horizon Gold advances its Gum Creek Gold Project with ongoing diamond drilling and a major upcoming RC drilling campaign aimed at upgrading its 2.14 million ounce gold resource. The company also strengthens its balance sheet following a strategic share sale.