Public Company News

Ora Banda Mining has jumped out the gates to kick off the financial year, with a record 30,595-ounce gold quarter. The company banked a hefty $38.5 million in free cash flow, pushing its piles of cash to $122.7 million. Ora Banda says its Sand King underground mine ramp-up is now humming, after FY25's heavy capital injection, where it expects even more gold to flow for the quarter to 2026 ahead.

Lindian Resources has wrapped up early development works program at its giant Kangankunde rare earths project in Malawi with mining of its 23.7Mt at 2.9 per cent total rare earths oxide probable ore reserve scheduled to commence in early January. The reserve is backed by a 61Mt indicated resource at 2.43 per cent total rare earths oxides which includes a high-grade core of 25 million tonnes at 3.26 per cent TREO.

Solara Minerals now has boots on the ground and is soil sampling at its newest Wilgeena gold project in Western Australia's burgeoning Murchison gold region. The company says it is targeting gold anomalism within its Peak Hill schists, host to its neighbouring 114,000-ounce Hermes South deposit as Solara looks to join the regions gold resurgence.

Neometals Limited has started drilling beneath and along strike of the historic Barrambie Ranges gold mine in WA's Murchison after a soil and mapping campaign defined multiple high-priority targets. The company says the 2,000-metre reverse-circulation program will test extensions of previously mined high-grade veins and add new data to its growing Barrambie dataset, which already includes a maiden resource at Ironclad and high-grade hits at Mystery.

Augustus Minerals has wrapped up a 1,173 sample auger soil program at its Music Well gold project north of Leonora in Western Australia, testing extensions at its Clifton Dodd's and St Patricks targets, while running first pass lines across the new Golden Dingo nugget trend Samples are at the lab with multi element results due in weeks, with a Heritage Survey Report pending to clear the path for the company's maiden drilling.

St George Mining has partnered with Brazil's Federal Centre for Technological Education in Minas Gerais for a new pilot plant at its Araxá project to advance high-grade rare earths and niobium processing. The collaboration establishes the St George Technological Centre at the Federal Centre for Technological Education's Araxá campus, focusing on sustainable innovation and downstream studies.

Javelin Minerals is pushing ahead with a new diamond drilling program to bolster its near-term plans to charge into production at the company's historic Eureka gold project, near Western Australia's historic Kalgoorlie mining hub. The drill program will provide valuable geotechnical and metallurgical data and test the potential at the project's northern end to boost indicated resources and add mineable ounces and longevity to the mining operation.

Larvotto Resources has fired the starting gun on an upgrade at its Hillgrove processing plant to 525,000tpa, after inking a project delivery contract. The deal locks in scope, governance and timelines for the work, with early works already underway. Commissioning is targeted for late 2026, at which point the company expects to play a starring role as a key Western supplier of strategic metal antimony, with gold providing an extra kicker.

Siren Gold has expanded the geochemical footprint at its Langdons gold–antimony project in New Zealand to reveal a completely new mineralised zone south of Liberty Reef with extensions detected beneath. The discovery, paired with a newly granted five-year exploration permit, clears the way for a maiden drilling program as the new soil samples and earlier high-grade rock-chip results continue to underscore the project's remarkable potential.

Aurum Resources' infill drilling at its Boundiali BMT3 deposit in West Africa has grown its total Boundiali indicated gold resource by 53% to 0.92Moz gold, with the total project resource remaining at 2.41Moz. The drilling at BMT3 has enabled the conversion of 320,000 ounces of previously “inferred” gold to the higher-confidence “indicated” resource category.

Horizon Minerals has revealed a golden tempest of high-grade one-metre-plus drill hits from its latest drill program at the company's Burbanks gold project, 9km south of Coolgardie in Western Australia's fabled Goldfields. The company kick-started a 30,000-metre drilling blitz in late June, which has delivered multiple standout gold results, including a showstopping 1.55m slice grading over 3 ounces to the tonne gold .

Chilean mining expert David Fowler has joined the Norfolk Metals' board as a non-executive director to help develop the company's recently acquired Carmen copper project near La Serena in Chile. Norfolk has drilled 20 holes in its 50-hole maiden drilling program targeting a near-surface supergene copper resource at Carmen, which may be amenable to heap leaching.