Latest Resource Optimisation News

West Wits Mining has been granted a new prospecting right adjacent to its existing mining operations in South Africa, enabling a strategic depth extension of the Qala Shallows Kimberley Reef. Geological modelling and resource reviews are underway to capitalise on the current gold price environment.

Jindalee Lithium has completed its 2025 drilling program at the McDermitt Lithium Project and is advancing plans to list its US subsidiary on a national exchange, extending exclusivity with its merger partner.

Auric Mining has reported strong financial and production results from its inaugural gold processing campaign at the Munda Starter Pit, generating A$16.85 million in sales and netting over A$10.8 million after costs. The company is gearing up for a second campaign in January 2026 as it advances plans for a major expansion.

Larvotto Resources reports a breakthrough 90% tungsten recovery from metallurgical testwork at its Hillgrove project, signaling a new revenue stream alongside gold and antimony production.

Pivotal Metals has delineated multiple new undrilled conductors at its Belleterre copper-gold project in Quebec and secured $5.4 million in equity funding to accelerate exploration. The company also confirmed a robust 37Mt resource at Horden Lake, underpinning its growth strategy.

AVADA Group Limited reported a revenue increase in Q1 FY26 despite ending a major contract, alongside a significant reduction in operating cash outflows and ongoing debt repayments.

QMines Limited has completed the acquisition of the Mt Mackenzie gold-silver project, upgraded its resource base, and advanced drilling at Develin Creek, supported by a $9 million capital raise to fund exploration and development.

Investigator Resources advances its Paris Silver Project with key design optimizations and a $10 million capital raise, while divesting non-core assets to sharpen its silver focus.

Orion Minerals has taken a major step forward by signing a non-binding term sheet with Glencore for up to US$250 million in financing and offtake agreements, advancing its Prieska Copper Zinc Mine towards production.

Kalamazoo Resources has significantly increased the Mt Olympus underground gold resource and identified a substantial exploration target, setting the stage for a potential mine life extension at the Ashburton Gold Project.

Ardea Resources has completed a major infill drilling campaign at its Goongarrie South deposit, confirming premium nickel-cobalt-scandium mineralisation that underpins its Definitive Feasibility Study. The results reinforce the project’s position as Australia’s largest nickel-cobalt resource.

Critica Limited has greenlit a pilot beneficiation plant in Hanoi to upscale its rare earth concentrate production, aiming to validate significant mass rejection and grade uplift ahead of its Scoping Study.