Latest Underground Mining News

Ballard Mining reports strong progress on its Phase 1 infill drilling at the Baldock gold deposit, confirming high-grade gold intersections and advancing towards a maiden Ore Reserve by mid-2026.

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.

Larvotto Resources’ maiden drilling at Freehold confirms robust antimony-gold mineralisation with notable tungsten by-product potential, underscoring growth prospects at Hillgrove.

Metals X Limited has updated its Renison Tin Operations Ore Reserve, reporting a 7.5 million tonne reserve with 102,720 tonnes of contained tin, reflecting an 8.5% decline from last year but affirming a near-decade mine life.

Artemis Resources is progressing its Carlow Gold and Copper Project with a new conceptual mining study and planned extensional drilling, aiming to capitalise on rising gold and copper prices.

Predictive Discovery Limited’s definitive feasibility study for the Bankan Gold Project in Guinea reveals a substantial 2.95 million ounce gold reserve and strong project economics, supported by comprehensive environmental and social approvals.

Delta Lithium has updated its Mt Ida Mineral Resource Estimate to include a high-grade rubidium oxide resource, enhancing the project's critical mineral credentials and economic potential.

Kairos Minerals reports strong gold intercepts from 14 new diamond drill holes at its Mt York Gold Project, extending high-grade zones and confirming the system remains open at depth. The company plans to deliver an updated Mineral Resource Estimate in Q1 2026 following its largest drilling campaign to date.

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.

Rox Resources has released a Definitive Feasibility Study for its Youanmi Gold Project, revealing a high-grade reserve and strong financial metrics underpinning a planned 7-year mine life with significant growth potential.

Rox Resources confirms the technical and economic viability of its Youanmi Gold Project, targeting 117,000 ounces of gold annually over seven years at a low cost. The Definitive Feasibility Study outlines robust financial returns and a clear path to production by mid-2027.

Kingston Resources has announced a substantial 29% increase in its Mineral Hill Project resources, including a maiden resource for the high-grade Red Terror deposit, enhancing confidence in future mine planning and production.