A busy session for mining newsflow saw process and drilling milestones dominate, with Empire Metals (AIM:EEE) and Amaroq (AIM:AMRQ) delivering the most operationally significant updates, a defined titanium processing flowsheet and a commissioned flotation circuit respectively, while drill results from Wishbone Gold (LSE:WSBN), Panther Metals (LSE:PALM), Jangada Mines, and Rockfire Resources added to a day heavy with project-level progress. Bezant Resources (AIM:BZT) rounded out the session with a financing and offtake deal for its Namibian copper asset.
Empire Metals defines flowsheet for 99%+ TiO2 pigment-grade product
Empire Metals (AIM:EEE) announced that bench-scale work at its Pitfield Titanium Project has delivered an integrated processing flowsheet capable of producing a 99%+ TiO2 pigment-grade product, a key technical threshold for commercial viability. The company has set piloting and engineering milestones for the remainder of 2026, with a Q3 pilot programme the next major step. The shares rose 8.18% to 35.7p on the news.
Amaroq commissions Phase 2 flotation at Nalunaq, targeting 90-95% recovery
Amaroq (AIM:AMRQ) commissioned its Phase 2 flotation circuit at the Nalunaq gold mine in Greenland, lifting expected gold recovery from approximately 61% to 90-95% for the remainder of the year. CEO Eldur Olafsson described the milestone as significant, noting the step-change in recovery rates it enables. The stock added 2.02% to 84.68p.
Wishbone starts Red Setter drilling with assays due by end of July
Wishbone Gold Di (AIM:WSBN) confirmed that drilling has commenced at its Red Setter project, with Apex Geoscience Consultants and Core Drilling crews having constructed multiple drill pads, drilled water bores, established a camp, and mobilised track-mounted rigs and ancillary equipment. Assay results are expected by the end of July. The shares slipped 3.03% to 24.0p despite the operational progress.
Bezant Resources locks in US$7m facility and life-of-mine offtake with Hartree
Bezant Resources (AIM:BZT) completed definitive documentation for a US$7m secured convertible prepayment facility alongside a life-of-mine offtake agreement with Hartree Metals for its Hope & Gorob copper project in Namibia. The dual deal provides both near-term financing and a committed route to market for the project's copper output. The shares eased 4.0% to 0.12p.
Panther Metals completes first Awkward diamond hole, moves to Wishbone VMS
Panther Metals (AIM:PALM) finished the first diamond drill hole at the Awkward Conduit target within its Obonga programme in Ontario, and has since commenced a 300-metre test at the Wishbone VMS prospect. The sequential progress across two targets within the same programme underpinned a 5.09% rise in the shares to 155.0p.
Premier African secures funding as Zulu flotation circuit produces first concentrate
Premier African Minerals (AIM:PREM) obtained new funding to support optimisation and working capital at its Zulu lithium and tantalum project in Zimbabwe, following the production of first spodumene concentrate from a newly commissioned flotation circuit. The funding provides a financial bridge as the plant moves through the optimisation phase. The shares were quoted at 0.0205p.
Jangada flags 50,000 oz upside at Paranaíta on high-grade drill intercepts
Jangada Mines (AIM:JAN) reported drilling results from its Paranaíta gold project in Brazil that the company says point to more than 50,000 oz of additional resource upside. Headline intercepts included 1.32m at 43.61 g/t Au and 11.20m at 0.83 g/t Au, with further narrower high-grade hits across the TP2 section. The shares were quoted at 1.125p.
Rockfire finds Molaoi decline reusable, saving up to €5m in development costs
Rockfire Resources (AIM:ROCK) received an engineering appraisal confirming that the historical underground portal at its Molaoi zinc-lead-silver project in Greece is in good condition and potentially reusable. Avoiding the need for approximately 700 metres of new development could save the project up to €5m, a meaningful capital efficiency gain at this stage of development. The shares were quoted at 0.13p.
London BTC stakes Nevada gold-silver project after bonanza-grade rock chips
London BTC Company (AIM:BTC) staked the Amonett-Frank gold-silver project in Pershing County, Nevada, following due-diligence rock-chip sampling that returned grades of up to 52.66 g/t gold and 88.3 g/t silver. The staking marks the company's second Nevada gold project. The shares edged up 1.49% to 1.7p.
