Latest Underground Mining Projects News

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

SSH Group has kicked off site preparation at the Mt Fisher Gold Project, setting the stage for drilling and resource upgrades that could unlock significant value from historic stockpiles and tailings.

Core Lithium has launched a $10 million Share Purchase Plan offering eligible shareholders the chance to buy new shares at the same price as a recent institutional placement, aiming to bolster working capital and support key project developments.

Perenti Limited has reported record-breaking financial results for FY25, with revenue surpassing $3.49 billion and a 21% increase in dividends. The company also provided optimistic guidance for FY26, underpinned by strong operational performance and a refreshed growth strategy.

Medallion Metals has taken a crucial step by acquiring 258 hectares near Ravensthorpe to meet environmental offset requirements, advancing its gold project approvals under federal law.