Latest Underground Mining News

Maronan Metals has released a Preliminary Economic Assessment for its Starter Zone project, revealing strong financial metrics and two viable development options – an onsite processing plant and a toll-treatment alternative.

Iltani Resources has reported strong assay results from recent drilling at its Orient East project in Queensland, revealing wide zones of high-grade silver-indium mineralisation. A maiden mineral resource estimate is anticipated by mid-October, potentially reshaping the project's development outlook.

Carnaby Resources has reported a game-changing drill result at its Trek 1 prospect, intersecting 7m at 9.3% copper equivalent, significantly extending known mineralisation beyond the current resource estimate.

Santana Minerals has reported a significant high-grade gold intercept extending the Rise and Shine deposit 250 metres down plunge, suggesting a potentially much larger orebody and longer mine life.

Ballard Mining reports strong infill drilling results at its Baldock gold deposit, confirming and refining a high-grade resource and targeting a maiden reserve by mid-2026. The ongoing program highlights potential resource growth beyond current estimates.

Brightstar Resources has obtained key regulatory approvals for its Lord Byron open pit project, positioning the company to commence mining operations in the second half of 2026. This milestone advances Brightstar’s strategy to boost gold production from its Laverton Hub.

Vault Minerals projects steady gold production in FY26 with growth through FY28, driven by key plant upgrades and the anticipated restart of Sugar Zone operations. The company plans significant capital and exploration investments while preparing to fully unwind its hedge book.

Perseus Mining has secured presidential approval to develop the CMA underground project at Yaouré, marking a pivotal expansion in Côte d’Ivoire’s gold mining sector. The project promises to extend mine life to 2035 with production ramping up by early 2027.

Alligator Energy strengthens its executive team with key appointments as it shifts from exploration to uranium production, closing its Brisbane office and centralising operations in Adelaide.

Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.

Hillgrove Resources has reported significant high-grade copper and gold mineralisation extensions at its Nugent deposit within the Kanmantoo Copper Mine, enhancing resource understanding ahead of first production. Ongoing drilling and an updated resource estimate are set to shape the mine’s near-term development.

New Hope Corporation Limited posted a slight dip in revenue and net profit for FY2025 but achieved a notable 18% rise in saleable coal production, driven by growth at New Acland Mine and steady output at Bengalla Mine.