Latest Mining News

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

Maronan Metals has released a robust Preliminary Economic Assessment for its Starter Zone, highlighting strong economics and a promising 10-year mine life, while securing $16 million in fresh capital to propel development.

GoldArc Resources has signed a Letter of Intent with Mineral Mining Services to jointly develop the Leonora South gold project, aiming to accelerate production with minimal capital outlay. The deal includes a drill-for-equity arrangement to preserve cash for exploration.

Future Battery Minerals Ltd reports significant gold intercepts from its Miriam Project drilling and advances exploration at Burbanks East, while securing an option to acquire the Randalls Gold Project, reinforcing its position in Western Australia’s goldfields.

Rimfire Pacific Mining has announced a maiden inferred scandium resource at its Currajong prospect, boosting its total scandium inventory by 61%. The company also identified new base metal drill targets at Broken Hill and completed a $3.5 million equity raise to fund ongoing exploration.

Black Rock Mining has secured A$14 million through a placement and oversubscribed share purchase plan to kickstart early construction at its Mahenge Graphite Project in Tanzania, backed by strong government and industry support.

Marmota Limited has initiated detailed mine planning for its Gawler Gold project, focusing on the high-potential Aurora Tank deposit. This marks a key step towards unlocking low-cost gold production in South Australia.

Bayan Mining and Minerals Limited reports significant progress in its rare earth and gold exploration projects, highlighted by high-grade assay results and strategic land acquisitions in California and Nevada.

Ramelius Resources has released a Definitive Feasibility Study for its Rebecca-Roe Gold Project, confirming strong economics with a post-tax NPV of A$692 million and average annual production of 130,000 ounces over nine years.

Tennant Minerals has announced a maiden high-grade copper-gold-silver-bismuth Mineral Resource at its Bluebird discovery, revealing strong early open-pit potential and significant underground upside. New geophysical modelling points to major extensions, underpinning plans for long-term development within the Tennant Creek Copper Alliance.

Ramelius Resources has announced a maiden 1.6 million ounce ore reserve at its Never Never underground deposit, alongside plans to expand the Mt Magnet processing plant to 5 million tonnes per annum, underpinning a robust 11-year mine life and strong financial outlook.

Tambourah Metals has reported significant gold, silver, copper, and notably high-grade antimony results from its Speewah North project, setting the stage for imminent drilling activities targeting critical minerals.