Latest Underground Mining News

Meeka Metals has encountered visible gold at a record depth of 632.8m in its Turnberry underground project, prompting the mobilisation of a second diamond drill rig to accelerate exploration of this expanding high-grade system.

Ramelius Resources delivered 192,182 ounces of gold in FY26, meeting guidance for the sixth year, while integrating the Spartan acquisition and advancing key projects including the Rebecca-Roe DFS and Mt Magnet plant upgrade.

Regis Resources (ASX:RRL) delivered a landmark FY26 with a 181% surge in net profit to $715 million, underpinned by strong gold production and record prices. The company declared a fully franked 35 cents per share dividend, including a special 5 cents payout from the terminated Vault Minerals merger break fee.

Odyssey Gold’s latest drilling at Tuckanarra confirms continuity and high-grade extensions at Anchor, Maybelle, and Lucknow deposits, underpinning updated resource estimates and mining studies.

Many Peaks Minerals has reported strong reverse circulation drilling results at its Ouarigue prospect in Côte d’Ivoire, confirming continuity and extensions of gold mineralisation over 800 metres of strike. The results bolster prospects for upgrading the resource and expanding its footprint ahead of a planned fourth-quarter Mineral Resource Estimate update.

Resolute Mining’s half year profit more than doubled to $162.6 million, buoyed by soaring gold prices that offset a 31% drop in production. The company advances its Doropo project with key approvals and secures robust local financing.

Freehill Mining has appointed seasoned engineer Marco Meneses to spearhead development at its Blanco y Negro copper-gold project, coinciding with Chile's planned legislative change to double processing thresholds for small miners, enhancing project viability.

BHP Group Limited’s 2026 US Annual Report (Form 20-F) filed with the SEC details robust production across key assets, disciplined capital allocation, and advances in sustainability and leadership transition.

Critica Limited is reshaping its Mt Lindsay Tin-Tungsten Project with an innovative underground mining approach, aiming to reduce surface disturbance and integrate environmental and commercial factors amid strengthening commodity prices.

Andel Resources has exercised its option to enter a binding Right to Mine Agreement with Reach Resources, committing to fully fund mining and processing at the Murchison South Gold Project in Western Australia.

Macmahon Holdings delivered a tenth consecutive year of growth with revenue up 7.9% to $2.6 billion and net profit after tax soaring 36.8% to $101.1 million, underpinned by strong contract wins and operational discipline.

Kaiser Reef has quantified a 77,000-tonne tailings stockpile at its A1 Gold Mine in Victoria, containing an inferred 3,100 ounces of gold at 1.25g/t grade. Plans are underway to reclaim and process this higher-grade material alongside existing operations at Maldon.