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Global mining and resource sector developments

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2026-09-29 05:11 UTC → 2026-09-30 06:49 UTC · added removed

Mining and resource companies have reported continue to report various exploration, acquisition, and operational advancements across several regions. In Australia, companies have initiated drilling programs for gold, copper, and manganese, while others exploration activities have expanded significantly. Red Metal Limited applied for new 17 additional tenements in Queensland to expand searches search for iron oxide-copper-gold deposits. Significant resource estimates were reported deposits across 5,800 square kilometres. In South Australia, Broken Hill Gold doubled its footprint to over 1,500 square kilometres by securing licences for tin and tungsten in Tasmania, the Manna Hill and new Waukaringa goldfields. In New South Wales, Orbit Resources identified two broad zones of strong sulphide mineralisation at the Lewis Ponds project, while Larvotto Resources reported high-grade gold and tungsten intercepts at the Hillgrove antimony-gold project. In Western Australia, PLC Resources completed a drilling campaign at the Rochefort gold prospect, intersecting sulphide zones were identified that align with geological models for potential discovery. Operational shifts include Accelerate Resources securing 100 per cent control of its Woodie Woodie North manganese project in New South Wales. the Pilbara, eliminating previous royalty and cash obligations. International developments include Critical Resources reaching an agreement to acquire a majority 90 per cent stake in a the Gonini gold project in Suriname, and an announcement that led to a 29 per cent increase in the company’s share price. Additionally, Dateline Resources is seeking to restart a gold and rare its Colosseum gold-rare earths project in California with California, citing support from United States government departments. departments who argue the project is in the interest of national security.

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  1. 2026-09-30 06:49 UTC Global mining and resource sector developments
  2. 2026-09-29 05:11 UTC Global mining and resource sector developments

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