Latest Mining Infrastructure News

James Bay Minerals has commissioned a scoping study to explore near-surface oxide gold development at its Independence Project in Nevada, targeting a low-capex open-pit heap leach operation. The project also holds a substantial high-grade skarn gold resource, hinting at significant future growth potential.

Solstice Minerals secures a $2.13 million strategic placement from Paradice Investment Management, making Paradice its largest shareholder and fueling exploration at key Western Australian projects.

Tesoro Gold has reported significant new gold mineralisation outside the current Ternera deposit boundary at its El Zorro project in Chile, reinforcing prospects for resource expansion. Ongoing drilling continues to delineate promising zones that could boost the upcoming Mineral Resource Estimate.

Solstice Minerals has delivered promising first-ever Reverse Circulation drilling results at its Edjudina Range gold discovery in Western Australia, confirming significant gold mineralisation and setting the stage for accelerated exploration.

Lycopodium Limited has secured a significant A$40 million contract to deliver engineering and construction management services for Osino’s Twin Hills Gold Project in Namibia, aiming for first gold production in early 2027.

Yari Minerals has completed the acquisition of the Rolleston South Coal Project, adding a significant 78.9 million tonne inferred coal resource in Queensland’s Bowen Basin. The company plans to expand and upgrade this resource through upcoming drilling campaigns.

Zenith Minerals has completed a pivotal drilling campaign at its Dulcie Far North Gold Project, confirming substantial gold mineralisation and extending resource potential. An updated Mineral Resource Estimate is expected soon, underpinning the company’s development ambitions.

Almonty Industries reported a sharp increase in net loss for Q1 2025 despite stable revenues, driven by significant non-cash charges on warrant and derivative liabilities. The company secured additional financing to support ongoing operations and project development.

Sierra Nevada Gold (ASX: SNX) has acquired 100% ownership of the historic New Pass Gold Mine in Nevada, extinguishing royalties and setting the stage for trial mining of its high-grade Superior Vein.

Mt Malcolm Mines NL is set to begin a fully funded 3,000-metre RC drilling program targeting high-grade gold at its Golden Crown and Dumbarton prospects near Leonora, aiming to define a maiden JORC resource and advance development plans.

Yari Minerals has agreed to acquire the Rolleston South Coal Project, adding a JORC-compliant inferred resource of 78.9 million tonnes in Queensland’s Bowen Basin. The deal includes shares and performance rights, with plans to expand and upgrade the resource through drilling.

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.