Latest Mining Agreements News

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.

Horseshoe Metals has broadened its Horseshoe Lights project area and entered a strategic agreement with Melody Gold to process gold surface materials, advancing its copper-gold development plans in Western Australia.

Newfield Resources clarifies its $10 million loan facility status, postpones key sampling work, and updates on ongoing dispute with Octea Limited, signaling cautious navigation through financial and operational challenges.

Great Boulder Resources has reported robust exploration results at its Side Well Gold Project, uncovering significant high-grade gold mineralisation and confirming excellent metallurgical recoveries. The company is advancing towards resource growth and mining approvals while progressing the divestment of its Whiteheads project.

Chilwa Minerals has completed a major drilling program at its Mposa deposit and launched a dual commodity strategy targeting both heavy mineral sands and rare earth elements, supported by a fresh $6 million capital raise.

Syrah Resources faces significant operational disruption at its Balama graphite mine due to ongoing protests, declaring force majeure while advancing its US-based Vidalia facility amid strong EV market growth.

Sheffield Resources reported a record quarterly concentrate production of 198,704 tonnes at its Thunderbird mine, alongside a strategic expansion of its zircon concentrate customer base. Despite strong operational performance, the company faces short-term financial pressures amid restructuring efforts.

Pantoro Limited delivered a solid December quarter with gold production within guidance and positive cash flows for the fourth consecutive quarter, prompting an upward revision to its FY2025 production target. The company’s strategic focus on underground expansion and asset optimisation underpins its growth trajectory.