Latest Ore Reserve News

Catalyst Metals reports significant drilling intercepts outside the current Trident Gold Project resource, hinting at further resource growth and supporting its ambition to double reserves on the Plutonic Gold Belt.

Burgundy Diamond Mines reported a mixed Q2-2025 with increased ore mined and carats recovered but lower revenue and earnings, prompting a strategic pivot including placing Point Lake on care and maintenance and extending Misery mine life.

Burgundy Diamond Mines has released an updated Life of Mine plan for its Ekati Diamond Mine, extending operations through 2040 with robust economics from the Fox Underground Project. The update includes revised resource and reserve estimates and a deferred Point Lake open pit mining schedule.

New Murchison Gold Limited reports strong operational progress at its Crown Prince Gold Mine, with mining underway and first ore parcel sales to Westgold’s Bluebird plant expected in September 2025.

Savannah Goldfields launches an 80-hole drilling campaign targeting extensions of key gold deposits near its Georgetown plant, aiming to secure near-term oxide gold feed and extend production life.

Savannah Goldfields has announced its maiden Ore Reserve at the Agate Creek Gold Project in Queensland, confirming 36,800 ounces of gold ready for production. This milestone supports the company’s plans to restart mining operations and secure financing.

Savannah Goldfields has updated its Agate Creek Mineral Resource to 422,000 ounces of gold, reflecting improved confidence and a shift to a more robust estimation method. The combined Agate Creek and Georgetown Projects now hold over half a million ounces of gold.

Evolution Mining has delivered a landmark FY25 with record profits and cash flow, tripling its final dividend, while setting a stable production and cost outlook for FY26 amid ongoing project developments and sustainability commitments.

GBM Resources has appointed Daniel Hastings as its new CEO, bringing 25 years of global mining expertise to drive strategic growth and operational excellence.

Lindian Resources has secured a major expansion of its mining licence in Malawi, setting the stage for a significant scale-up of its Kangankunde Rare Earths Project. This regulatory win, coupled with a strategic partnership with Iluka, could transform Lindian into a key player in the global rare earths market.

Astral Resources has reported exceptional high-grade gold assay results within the pit shell at its Kamperman deposit, bolstering the Mandilla Pre-Feasibility Study and highlighting growth potential across its Feysville Gold Project.

Magnetite Mines Limited has updated its Razorback Iron Ore Project, revealing a 6.6 billion tonne mineral resource and progressing key strategic partnerships and approvals to support green steelmaking ambitions.