Latest Mining News

Olympio Metals has reported visible gold in the maiden drillhole at its Paquin prospect within the Bousquet Gold Project in Quebec, signaling promising early results ahead of assays expected in mid-July.

Paladin Energy has appointed Paul Hemburrow as its new CEO, effective September 2025, following a planned succession process. The move aims to sustain the company’s growth trajectory in the uranium sector.

Neometals Ltd has released its first JORC-compliant Mineral Resource Estimate for the Ironclad deposit within its 100% owned Barrambie Gold Project, confirming an inferred resource of 13,000 ounces of gold. This milestone validates historic data and sets the stage for near-surface mining development.

Legend Mining has signed binding term sheets to acquire the Pinnacle Well Project near Leonora, marking its first move beyond the Fraser Range with promising gold and base metals prospects.

Indiana Resources Limited has announced a proposed capital return of five cents per share, backed by a draft ATO ruling confirming its tax-efficient status. The company plans a $32.2 million cash distribution, maintaining a strong balance sheet post-payment.

Xanadu Mines has announced that Bastion Mining’s takeover offer is now unconditional, with key shareholders Zijin and CAAF Ltd accepting the bid and the offer period extended to mid-July.

Bastion Mining has surpassed the critical 50.1% ownership threshold in Xanadu Mines, removing key conditions from its takeover bid and declaring the offer unconditional.

Lithium Universe Limited announces a strategic management change with CEO Alex Hanly stepping down to a part-time Chief Development Officer role, maintaining his focus on the Bécancour Lithium Project. This move comes as the company advances its mission to close North America’s lithium conversion gap with a green lithium refinery in Québec.

Olympio Metals has uncovered visible gold in the first hole of its maiden drilling program at the Paquin prospect within Quebec’s prolific Bousquet Gold Project, signaling promising potential ahead of assay results due mid-July.

RareX Limited confirms exceptional high-grade gallium mineralisation at its Cummins Range project, positioning it as a strategic critical minerals asset amid soaring global demand and supply risks.

North Stawell Minerals has completed a $1 million placement, issuing over 33 million shares to fund its exploration efforts in Victoria's Stawell Mineralised Corridor.

Cyprium Metals has obtained crucial environmental and operational approvals to advance the phased redevelopment of its Nifty Copper Complex, setting the stage for a near-term production restart.