Latest Mining News

BPM Minerals has secured the Forelands Gold Project with promising high-grade intercepts and divested its Claw Gold Project to Capricorn Metals, bolstering its cash position ahead of upcoming drilling.

Belararox Limited has kicked off its field season at the Toro-Malambo-Tambo Project in Argentina, initiating geophysical surveys to sharpen drill targets ahead of a planned Q4 drilling campaign.

Tyranna Resources has acquired a controlling interest in the expansive Chinguar Gold Project in Angola, positioning itself to explore a region rich in artisanal gold workings with promising geological data.

Ora Banda Mining Ltd reported a record September quarter with a 39% surge in gold production and a 37% rise in gold sales, underpinned by strong operational performance and exploration success.

Black Canyon Limited has upgraded the JORC classification of its KR2 manganese deposit to 90% Indicated, enhancing resource confidence and supporting improved mine planning for its Balfour Manganese Field project.

Australian Vanadium Limited is seeking shareholder approval for a 25 – 1 share consolidation aimed at streamlining its capital structure and enhancing investor appeal without altering shareholder value.

Sarama Resources has completed the third tranche of its A$2.7 million equity placement, raising A$100,000 to advance exploration at its Cosmo Gold Project and support ongoing arbitration efforts.

Sultan Resources has increased its capital raising to $1.1 million through additional investor interest, with key approvals pending at the upcoming AGM. The funds aim to accelerate exploration at its promising projects in Namibia and Western Australia.

Besra Gold has disclosed a significant reduction in its Mineral Resource Estimate to 2.28 million ounces, addressing ASX concerns over recent unusual trading activity. Despite the downgrade, the company’s share price has risen sharply, leaving investors questioning the market dynamics.

Besra Gold Inc has updated its Bau Gold Project mineral resource to 2.28 million ounces, reflecting refined assumptions and a more robust project foundation despite a reduction in total ounces. This revision sets the stage for a detailed technical review and lease renewal negotiations.

Sunrise Energy Metals secures renewed interest from the US Export-Import Bank for substantial debt financing, reinforcing the strategic importance of its Syerston Scandium Project amid a landmark US-Australia minerals pact.

Western Yilgarn has launched ground exploration at its Ida Holmes Junction and New Norcia projects, aiming to expand high-grade gallium mineralisation critical for semiconductor and green energy technologies.