Latest Mine Operations News

Magmatic Resources has reported promising high-grade gold intersections from its maiden drilling at the Weebo Gold Project in Western Australia, confirming extensive shallow mineralisation and planning follow-up drilling to expand on these early successes.

Matsa Resources has successfully completed its initial processing campaign at the Devon Pit Gold Mine, aligning with budget and schedule, and is now gearing up for its second phase of mining and processing.

Elementos Limited has executed a binding option agreement to acquire half of Iberian Smelting SL, owner of the Robledollano Tin Smelter in Spain, setting the stage for the EU's first vertically integrated primary tin supply chain.

Locksley Resources has upgraded its U.S. trading status to the OTCQX Best Market, enhancing its visibility among American investors and reinforcing its strategic focus on critical minerals at the Mojave Project in California.

RPMGlobal Holdings Limited has agreed to be acquired by Caterpillar Inc. through a Scheme of Arrangement valuing the company at over $1.1 billion, offering shareholders a 32.6% premium. The deal awaits regulatory and shareholder approvals, marking a significant consolidation in mining software technology.

Terrain Minerals reports compelling silver assay results alongside high-grade gold at its Lightning Prospect, reinforcing the economic potential of its Smokebush Project in Western Australia.

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

Alkane Resources reported a solid September quarter with 36,407 gold equivalent ounces produced following its merger with Mandalay Resources, maintaining its full-year 2026 production guidance despite one-off merger costs.

Greenwing Resources has unveiled a scoping study for its Que River polymetallic project in Tasmania, outlining a low capital expenditure route to potentially generate A$63 million in cash flow within a year. The study leverages existing infrastructure and highlights significant exploration upside beneath existing pits.

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.

Lindian Resources has successfully completed early development works at its Kangankunde Rare Earths Project in Malawi on time and within budget, setting the stage for mining operations to begin in early 2026. The company has also secured key mining equipment and is progressing with infrastructure and process plant preparations.

Black Cat Syndicate has commenced mining at its Fingals open pit, marking a significant step in its Kal East gold operation with expected strong gold production and ongoing resource expansion.