Lundin Gold Announces Record Reserves at Fruta del Norte
Lundin Gold has reported record proven and probable mineral reserves at its flagship Fruta del Norte gold mine in Ecuador. The company now boasts reserves of 5.85 million ounces of gold, effectively offsetting depletion from 2025. Additionally, Lundin Gold’s measured and indicated mineral resources have increased to 7.48 million ounces, largely due to the successful conversion of 0.91 million ounces from inferred resources in the previous year. The inaugural probable mineral reserve for the FDN East project, totaling 0.54 million ounces of gold, has also been incorporated into the life-of-mine plan, providing a promising outlook for future expansion. (Source: Lundin Gold)
Capstone Copper’s 2026 Outlook and Exploration Investment
Capstone Copper has announced its 2026 guidance, highlighting anticipated sulphide copper grades of approximately 0.70%, with an increase to 0.85% expected in the latter part of the year. Pinto Valley’s grades are projected at around 0.29%, with improved throughput compared to 2025. The company plans to invest $70 million in exploration, focusing on the Mantoverde-Santo Domingo district in Chile, with 90% of this expenditure being capitalized. This investment aligns with Capstone’s strategy to enhance production efficiency and resource expansion. (Source: Capstone Copper)
MMG’s Rosebery Mine Reaches 90-Year Milestone
MMG Limited’s Rosebery Mine in Tasmania has marked 90 years of continuous operation as of today. The mine, which began production in 1936, remains a significant contributor to the local economy and is pivotal in the region’s mining sector. As the mine celebrates this milestone, MMG continues to explore ways to extend its operational life and maintain its economic contributions. (Source: Tasmanian Times)
American Lithium Minerals Aims for $20 Million Raise
American Lithium Minerals is seeking to raise up to $20 million to fund its projects in Canada and Chile. This capital raise is expected to support exploration and development activities, positioning the company to leverage the growing demand for lithium in the energy transition. The funds will focus on advancing key projects to meet increasing market needs. (Source: Mining.com.au)
Aris Mining Uplisted to NYSE
Aris Mining has been approved for uplisting to the New York Stock Exchange, effective after market close today. The transition from the NYSE American is expected to enhance the company’s visibility and accessibility to a broader investor base. This strategic move aligns with Aris Mining’s growth objectives and commitment to increasing shareholder value. (Source: OTC Markets)
Commodity Markets and Price Movements
In the commodities market, Westpac’s index has risen nearly 11% since December 2025, led by gold and energy sectors. Notably, the price of silver has adjusted to approximately $70 per ounce after briefly surpassing $100 earlier this year. Meanwhile, copper has gained 12%, reflecting a 39% year-over-year increase. These trends underscore the significant volatility and potential in the commodities market. Analysts suggest these price movements may continue to influence investment strategies in the coming months. (Source: Westpac IQ)
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Editorial Note: This article is an independent analysis based on publicly available information and press releases. MineListings.com is not affiliated with the companies mentioned. The views expressed are those of our editorial team and do not represent the official position of any company discussed. For the most accurate and complete information, readers should refer to the original source materials and company filings.
