Latest Ore Reserve Estimates News

Australian Strategic Materials unveils a transformative heap leach approach for its Dubbo Project, cutting upfront capital costs by over half and accelerating rare earth oxide production amid rising global demand.

Challenger Gold advances its Hualilan Gold Project with final metallurgical testwork underway, confirming heap leach processing can economically recover low-grade gold previously deemed waste. This development promises to expand the project’s scale and improve its economics ahead of the full-scale Pre-Feasibility Study.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Magnetite Mines Limited has updated its Razorback Iron Ore Project Mineral Resource Estimate, increasing tonnage by 600 million tonnes through a revised cut-off grade that aligns with Ore Reserves. This reinforces the project's strategic position in South Australia's Braemar iron province.

Cavalier Resources appoints Colin Bald as General Manager Operations and releases an updated Pre-Feasibility Study for its Crawford Gold Project, highlighting robust financial metrics and a clear path to production.

Greatland Resources Limited is set to list on the ASX following a corporate reorganisation, showcasing robust production at its Telfer gold-copper mine and advancing development at the Havieron project.

Lunnon Metals has completed a detailed Scoping Study for its Lady Herial gold project, highlighting a high-grade open pit opportunity underpinned by predominantly measured resources. The company is advancing commercial negotiations and regulatory approvals, setting the stage for potential near-term development.

Macarthur Minerals has canceled its non-renounceable entitlement offer and will instead launch a renounceable pro-rata entitlement offer, adjusting its capital raising approach while maintaining project fundamentals.

Sarytogan Graphite Limited’s flagship deposit in Kazakhstan has been designated a Strategic Project under the EU’s Critical Raw Materials Act, positioning it as a key supplier for Europe’s battery and industrial sectors.

Black Cat Syndicate reports promising underground drilling results at its Paulsens Gold Operation, with development progressing faster than planned in the newly targeted Gabbro Veins. The company is poised to ramp up production as exploration continues.

Genesis Minerals has secured the Laverton Gold Project from Focus Minerals for A$250 million, significantly expanding its resource base near its Laverton mill and advancing its ASPIRE 400 growth strategy.

West African Resources reports exceptional high-grade gold intercepts from diamond drilling below existing reserves at its M1 South underground mine, signaling a potential boost to its resource base and long-term production outlook.