News in Numbers

Star Minerals has signed a right-to-mine agreement with MEGA Resources and its finance arm, Bain Global Resources, for the Tumblegum South gold project, including a 50:50 profit share arrangement between the companies.

Havilah Resources signed a binding term sheet with Sandfire Resources to advance their partnership, allowing Sandfire to earn up to 80% interest in the Kalkaroo project via a two-stage earn-in structure.

Lefroy Exploration has secured final mining and environmental approvals for its Lucky Strike gold project. The deposit has a mineral resource estimate of 1.27 million tonnes (mt) at 1.95g/t of gold for 79,600oz.

29Metals has awarded the Gossan Valley mining contract to Byrnecut after a competitive tender process. The Gossan Valley project has an initial life of six years, with a planned mining rate of up to 585,000 tonnes per annum and ore reserves totalling 1.2mt.

Vault Minerals will shift load-and-haul operations at its King of the Hills open-pit mine in Western Australia to an owner-operator model, effective 1 January 2027, after the expiry of its current mining services contract.