Latest Ore Reserve News

Develop Global Limited's updated Definitive Feasibility Study for its Sulphur Springs Zinc-Copper Project reveals a 76% surge in project valuation and a doubling of free cash flow to A$1.5 billion, setting the stage for final investment decision and construction.

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.

Ariana Resources has commenced heap-leach operations at its Tavşan Mine in Türkiye, marking a significant step toward sustained gold production and enhanced revenue streams.

St Barbara Limited has secured approximately A$58 million through an institutional placement to fund its Simberi Expansion Project and advance the 15-Mile Processing Hub in Nova Scotia. This capital raise supports the company’s growth ambitions amid ongoing regulatory and operational developments.

Sarytogan Graphite Limited has reported strong high-grade graphite intersections from its latest drilling campaign in Kazakhstan, reinforcing its position as the world’s highest-grade graphite resource. These results underpin an upcoming resource and reserve upgrade feeding into the ongoing Definitive Feasibility Study.

Celsius Resources reports significant high-grade copper-gold drill results from its MCB Project in the Philippines, reinforcing confidence in the ongoing feasibility study update.

Horizon Minerals reports outstanding high-grade gold intersections from its ongoing drilling program at the Burbanks project, reinforcing resource confidence and paving the way for future mine development.

Capricorn Metals maintains a robust 4.0 million ounce gold reserve as of June 2025, with significant drilling success at Mt Gibson and ongoing updates planned for both Mt Gibson and Karlawinda projects in FY26.

Predictive Discovery Limited and Robex Resources Inc. have agreed to merge, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

Predictive Discovery and Robex Resources have agreed to merge, creating a mid-tier gold producer in West Africa with expected output surpassing 400,000 ounces annually by 2029.

West Wits Mining Limited has presented a robust update on its flagship Qala Shallows gold project, showcasing a strong Definitive Feasibility Study and secured senior debt funding, targeting first gold production in early 2026.