Latest Mineral Resource And Ore Reserve News

Northern Star Resources reports a substantial 9.4 million ounce increase in group Mineral Resources to 70.7 million ounces and a 1.4 million ounce rise in Ore Reserves to 22.3 million ounces as of March 2025, excluding the newly acquired Hemi Project.

Burgundy Diamond Mines has released its amended 2024 Mineral Resources and Ore Reserves report for the Ekati diamond mine, showing minor depletion due to ongoing mining activities. The update confirms continued compliance with industry standards and robust governance.

Burgundy Diamond Mines reported a challenging Q1-2025 with lower ore mined and revenue, yet continues to progress development at Point Lake and Misery mines while strengthening its financial position.

EQ Resources delivered robust operational gains in Q3 FY2025, boosting mining volumes and processing throughput while advancing key plant upgrades and securing significant funding.

Vanadium Resources Limited has extended its EPC and financing MOU with China Energy and raised A$783,000 via convertible notes, supporting ongoing development of its Steelpoortdrift Vanadium Project amid cost controls and regulatory progress.

Burgundy Diamond Mines has released its 2024 Mineral Resources and Ore Reserves update for the Ekati diamond mine, showing minor depletion consistent with active mining operations. The report underscores the mine’s continued operational strength and adherence to industry standards.

Brightstar Resources is accelerating development of its Sandstone Gold Project with a fully funded 80,000m drilling campaign and a Pre-Feasibility Study targeted for first half 2026. The company aims to establish a new long-life gold production hub in Western Australia, aspiring to produce over 200,000 ounces annually within five years.

St Barbara Limited confirms a robust Simberi Expansion Project with a 13-year life of mine plan delivering 2.2 million ounces of gold and annual production exceeding 220,000 ounces from FY28. The project’s strong economics and infrastructure upgrades position it as a significant growth driver amid regulatory uncertainties.

Genesis Minerals has reported a 12% increase in Ore Reserves to 3.7 million ounces, including a maiden 370,000-ounce Reserve at Westralia open pit, underpinning its 'ASPIRE 400' strategy to boost production ahead of schedule.

Hillgrove Resources has updated its Kanmantoo Mine exploration targets, identifying significant copper-gold potential and planning an extensive 19,000-metre diamond drilling campaign in 2025 to expand its resource base.

Vanadium Resources Limited has raised A$783,000 through a convertible note issue to fund working capital and progress strategic equity partnerships for its Steelpoortdrift Vanadium Project.

Citigold Corporation reports steady progress in restarting its Charters Towers Gold Project, highlighting successful test mining and ongoing exploration while preparing for large-scale production.