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Diamond Mining News

9 articles about diamond mining

Infini Resources begins drilling at Saskatchewan uranium sites

Infini Resources has commenced its initial diamond drilling program at the Reynolds Lake and Reitenbach Lake uranium projects in northern Saskatchewan, Canada. This pivotal campaign involves at least 2,500m of drilling across a minimum of 12 drill-holes, targeting high-priority geophysical and geochemical anomalies in the largely unexplored eastern Athabasca Basin. The program represents a significant move from target generation to direct drill testing for potential high-grade uranium mineralization in one of the world's premier uranium jurisdictions.

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Barrick provides update on North American gold assets IPO

Barrick Mining is moving forward with plans for an Initial Public Offering (IPO) of a minority stake in North American Barrick, a newly formed entity comprising its key gold assets in North America and the Dominican Republic. Expected to complete by the end of 2026 with primary listings in New York and Toronto, this strategic unbundling aims to unlock value from top-tier assets like Carlin, Cortez, Turquoise Ridge, and Pueblo Viejo, which collectively produced around two million ounces of gold in 2025. The initiative, overseen by a dedicated management team, seeks to accelerate momentum and highlight the attractiveness of these assets, while Barrick maintains a controlling interest and engages with Newmont, its joint venture partner in Nevada Gold Mines.

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Oil and gas: how obsolescence management can save you millions of pounds

As of April 23, 2026, the mining industry faces increasing challenges from component obsolescence in its aging assets, a predicament that engineering specialists highlight as a critical risk to safety, production, and profitability. While asset degradation is inevitable, the substantial costs and operational disruptions associated with reactive maintenance can be mitigated through proactive obsolescence management strategies. This approach, which includes early assessment and re-engineering of critical components, offers a path to significant savings and enhanced operational resilience, preventing costly full-system replacements and unplanned downtime.

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Vizsla Silver advances Panuco project with new contract awards

Vizsla Silver's Panuco silver-gold project in Sinaloa, Mexico, is rapidly accelerating towards commercial production following the award of significant engineering, procurement, and construction management (EPCM) and mine design contracts. The company has engaged M3 Engineering & Technology and Mining Plus, respectively, for these crucial roles, underscoring a strategic push complemented by a recent $220 million project finance mandate from Macquarie Bank. These developments mark a pivotal advancement for the high-grade project, outlining a clear path through detailed planning, pre-production development, and eventual commissioning.

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Fredonia begins 10,000m drilling at EDM gold project

Fredonia Mining has launched an extensive 10,000-meter diamond drilling program at its El Dorado–Monserrat (EDM) gold project in Argentina, aiming to significantly expand and enhance the existing 2.25 million ounce gold equivalent resource. Situated in Santa Cruz Province's prolific Deseado Massif, this critical exploration phase will assess high-priority targets, extend known mineralization, and conduct infill drilling to bolster geological confidence ahead of future development studies, signaling a disciplined advance toward unlocking the project's full potential.

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MMD to acquire TraxIQ rights from Anglo American

<p></p> <p>In a significant development for the global mining technology sector, UK-based MMD Group has announced its acquisition of the intellectual property rights for TraxIQ from Anglo American. This strategic move, reported on April 16, 2026, positions MMD to industrialize, commercialize, and deploy TraxIQ, a comprehensive and scalable material handling solution featuring modular vehicle structures, advanced energy management, and autonomous control systems. The acquisition underscores the mining industry’s increasing focus on innovation to enhance productivity, reduce emissions, and lower operational costs amidst rising demand for critical minerals.</p> <p>

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wBullion Gold concludes drilling at Quebec’s Langlade project

<p></p> <p>Bullion Gold Resources has announced the successful conclusion of its diamond drilling program at the fully owned Langlade project in Quebec’s Senneterre area. The 1,771-meter campaign across 11 drill holes yielded encouraging visual observations, including chalcopyrite and sphalerite mineralization alongside significant scapolite alteration, indicators often linked to large-scale gold, silver, copper, and zinc deposits. Assay results, crucial for verifying metal grades and guiding future exploration, are anticipated next month, marking a significant step in understanding the Langlade project's substantial mineral potential.</p> <p>

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Lachlan Star starts drilling at New Waverley Project, WA

Lachlan Star has commenced an initial 1,000-meter diamond drilling program at its New Waverley Gold Project in Western Australia, focusing on historical high-grade quartz reef mineralization in the gold-rich Norseman region. This strategically important move follows the recent acquisition of the project and aims to systematically test a 400-meter mineralized corridor, with a subsequent 2,000-meter reverse circulation drilling phase planned. The program seeks to confirm the continuity and grade of significant gold intercepts, signaling Lachlan Star's commitment to unlocking the project's broader scale potential in a premier gold jurisdiction.

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Zacatecas Silver starts 2026 drilling at El Cristo, Mexico

Zacatecas Silver has commenced its 2026 diamond drilling program at the high-potential El Cristo Project within Mexico’s historic Zacatecas Mining District. The initial hole, completed by Major Drilling Mexico, successfully intersected a mineralized brecciated structure featuring visible sulfides such as galena and sphalerite, validating the company's targeting strategy. This early success signals promising potential for high-grade silver and base metal mineralization in a region renowned for its rich epithermal deposits.

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