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Showing posts from August, 2026

Culpeo Minerals Advances Vista Montana Drilling Plans Colitco Mining Update

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  Culpeo Minerals is preparing to advance exploration at its Vista Montana Project, with a planned 2,000-metre maiden diamond drilling program marking an important step in the company’s exploration strategy. The upcoming drilling campaign is expected to provide further information about the project’s mineralisation potential. The development is attracting attention from investors following the company’s progress in Chile and its broader copper exploration portfolio. Culpeo Minerals Prepares for 2,000m Drilling Program The Vista Montana Project is set to undergo a maiden diamond drilling campaign designed to test priority targets identified through previous exploration work. The planned program will involve approximately 2,000 metres of drilling across four holes. The campaign is expected to provide geological information that could help the company better understand the scale, structure and potential continuity of mineralisation at the project. For an exploration company...

ASX Gold Player Resolute Mining Delivers Profit Breakout Amid Rising Production Costs Colitco Mining Update

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  Resolute Mining is attracting renewed attention in the Australian gold sector after delivering a stronger financial performance despite rising production costs. The company’s latest results highlight the impact of higher gold prices and continued operational activity across its mining portfolio. For investors tracking Australian gold companies, Resolute Mining’s performance provides an interesting example of how strong commodity prices can support profitability even while mining costs remain under pressure. Resolute Mining Delivers Stronger Profit Performance Resolute Mining has continued to focus on improving its operating performance while managing the challenges associated with higher production costs. The company’s financial progress comes at a time when the global gold market remains closely watched by investors. Higher gold prices can provide additional revenue support for producers, potentially helping offset increases in labour, energy, equipment and other mining...

Global Lithium Advances Manna Project Colitco Mining Update

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  Global Lithium Resources is continuing to advance its Manna Lithium Project following key approvals that support the company’s progression toward construction. The latest developments are drawing attention from the mining sector and investors monitoring Australia’s growing lithium industry. Global Lithium Strengthens Manna Development The Manna Lithium Project represents an important part of Global Lithium’s growth strategy. Progress on approvals provides greater certainty for the project as the company works toward construction and future development activities. Manna is positioned within Western Australia’s lithium-rich environment, giving Global Lithium exposure to an important battery-minerals market. Continued project advancement could become an important catalyst as the company moves through its development timeline. Investors Watching Global Lithium Share Price With the project moving forward, attention is also focused on the Global Lithium share price . Investo...

Prospect Resources Advances Mumbezhi Copper Project With Phase 3 Drilling

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  Prospect Resources Limited (ASX: PSC) is accelerating exploration at its Mumbezhi Copper Project in Zambia, with Phase 3 drilling targeting resource extensions, new copper discoveries and additional growth opportunities across the project area. The exploration programme is focused on expanding the known copper system at Nyungu Central while testing several regional targets that could potentially add new mineralised zones to the broader Mumbezhi project. Drilling Progress at Nyungu Central Nyungu Central remains the primary focus of the current programme. During the early stages of Phase 3, Prospect completed approximately 20% of its planned diamond drilling and around 35% of its budgeted aircore drilling. Geological observations from the diamond drilling indicated visible copper mineralisation extending beyond the existing Mineral Resource boundaries. One notable hole, NCDD026, intersected approximately 40 metres of visually mineralised chalcopyrite-chalcocite sulph...

Prospect Resources Delivers High-Quality Copper Concentrates from Kabikupa Testing

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  Prospect Resources Limited (ASX: PSC) has received encouraging metallurgical testwork results from the Kabikupa deposit at its Mumbezhi Copper Project in north-west Zambia, with testing producing high-grade copper concentrates and strong recoveries. The results provide additional support for Prospect's proposed processing strategy at Mumbezhi and contribute to the technical data being developed for the project's upcoming Scoping Study. Strong Copper Concentrate Grades Metallurgical testing of Kabikupa transition material produced a copper concentrate grading 31.9% copper at a recovery of 94.7%. Testing of low-grade fresh material also delivered positive results, producing a concentrate grading 25.0% copper at 94.3% recovery. Both results were achieved after only a single cleaning stage. The results demonstrate that Kabikupa material can potentially produce a saleable-quality copper concentrate through a relatively straightforward processing route. Coarse Grindi...

Prospect Resources Extends Nyungu Central Copper Mineralisation Beyond Existing Resource

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  Prospect Resources Limited (ASX: PSC) is continuing to expand the scale of its Mumbezhi Copper Project in Zambia, with recent step-out drilling at the Nyungu Central deposit extending copper mineralisation beyond the existing Mineral Resource boundary. The latest drilling has delivered wide copper intersections, including 44 metres at 0.60% copper from 270 metres and 17 metres at 0.57% copper from 186 metres. These results indicate that mineralisation continues beyond the current resource envelope and remains open toward the southeast. Drilling Expands the Nyungu Central System Nyungu Central is the flagship deposit within the broader Mumbezhi Copper Project and remains a major focus of Prospect's exploration programme. The latest step-out drilling forms part of Phase 3 exploration, with 13 diamond drill holes covering approximately 4,043 metres completed at the southern end of the deposit. Additional assay results remain pending, while drilling continues to test shallow...

Prospect Resources Expands Mumbezhi Copper Resource to 208.1Mt as Exploration Momentum Builds

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Prospect Resources Limited (ASX: PSC) has strengthened the growth outlook for its Mumbezhi Copper Project in north-west Zambia after increasing the project’s Mineral Resource Estimate to 208.1 million tonnes. The updated resource is reported at 0.42% copper and 0.49% copper equivalent, containing approximately 877,100 tonnes of copper. The latest estimate represents a 20% increase in resource tonnage compared with the February 2026 estimate, while contained copper increased by 14%. Contained gold also increased significantly, adding further potential value to the project. Three Deposits Support the Growing Resource The expanded Mumbezhi resource comprises three main deposits: Nyungu Central, Kabikupa and West Mwombezhi. Nyungu Central remains the largest component, with approximately 154.4Mt at 0.42% copper. Kabikupa contributes around 23.0Mt at 0.48% copper, while West Mwombezhi adds approximately 30.7Mt at 0.37% copper. Importantly, all three defined resources remain open along str...

Monadelphous Expands Infrastructure Portfolio with BHP Contract

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  Engineering Expertise Drives Major Mining Infrastructure Projects Engineering services play a vital role in Australia's mining industry, providing the infrastructure required to support efficient resource production. Monadelphous continues to strengthen its position in this sector through major construction and maintenance contracts with leading mining companies, including BHP. The recently awarded project associated with BHP's Nelson Point operations highlights the growing demand for experienced engineering contractors capable of delivering complex industrial infrastructure. Major mining facilities require specialized expertise across civil, mechanical, structural, electrical, and instrumentation disciplines. Large-scale infrastructure upgrades improve operational efficiency , equipment reliability, and workplace safety. Modern mining operations increasingly invest in replacing aging equipment with advanced systems designed to improve productivity while reducing main...

Monadelphous Expands Infrastructure Portfolio with BHP Contract

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  Engineering Expertise Drives Major Mining Infrastructure Projects Engineering services play a vital role in Australia's mining industry, providing the infrastructure required to support efficient resource production. Monadelphous continues to strengthen its position in this sector through major construction and maintenance contracts with leading mining companies, including BHP. The recently awarded project associated with BHP's Nelson Point operations highlights the growing demand for experienced engineering contractors capable of delivering complex industrial infrastructure. Major mining facilities require specialized expertise across civil, mechanical, structural, electrical, and instrumentation disciplines. Large-scale infrastructure upgrades improve operational efficiency , equipment reliability, and workplace safety. Modern mining operations increasingly invest in replacing aging equipment with advanced systems designed to improve productivity while reducing main...

Southern Cross Gold Advances Sunday Creek Exploration Target

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  Sunday Creek Project Highlights Australia's Exploration Potential Australia continues to produce world-class mineral discoveries, and the Sunday Creek Project has become one of the country's most closely watched gold exploration assets. Southern Cross Gold continues to expand exploration activities aimed at unlocking the project's significant gold and antimony potential. Located in Victoria, the Sunday Creek Project has attracted attention because of its high-grade drill results and expanding exploration footprint. Ongoing drilling programs continue to improve geological understanding while extending known mineralized zones. An exploration target represents an estimate of potential mineralization based on available geological information. Although it is not yet classified as a mineral resource, it provides an important framework for guiding future drilling programs. As exploration advances, additional drilling may eventually support formal resource estimates if s...