Latest Ore Reserves News

VRX Silica Limited has expanded its Arrowsmith North project’s offtake commitments by 550,000 tonnes annually and appointed Pareto Securities to manage debt financing, reinforcing its path to production.

St Barbara Limited has completed a compelling restart study for its Touquoy gold project in Nova Scotia, outlining a low-capital, near-term operation with robust economics and a positive permitting outlook.

St Barbara Limited’s latest Feasibility Study confirms the Simberi Expansion Project as a long-life, low-cost gold and silver operation with robust economics and a 13-year mine life. The project promises over 2 million ounces of gold production and competitive costs, pending key regulatory approvals.

Astral Resources has successfully raised A$65 million through a strongly supported placement to advance its Mandilla Gold Project and accelerate exploration across its Western Australian gold assets.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Rox Resources has ramped up operations at its Youanmi Gold Project, transitioning to 24-hour mining and completing key infrastructure ahead of production. The company is advancing permitting and financing milestones to maintain its development momentum.

Wildcat Resources has significantly extended its Bolt Cutter Central lithium discovery near its Tabba Tabba Project in Western Australia, revealing a large, open-ended pegmatite system with multiple high-grade lithium intercepts.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.

West African Resources reports significant diamond drilling results beneath the M5 North open-pit at Sanbrado, revealing high-grade gold mineralisation and potential to extend mine life beyond current reserves.

St George Mining reports a record 115.65m intercept of high-grade rare earths and niobium from surface at its Araxá Project, underpinning a major resource upgrade and expansion potential.

Chalice Mining’s Pre-Feasibility Study confirms the Gonneville Project as a globally significant palladium-nickel-copper mine in Western Australia, boasting robust returns and a rapid payback period.