Latest Mining News

Victory Metals has landed a US$10 million unsecured loan from Saudi Arabia’s sovereign wealth fund, marking a strategic boost for its North Stanmore rare earths project in Western Australia.

Aguia Resources’ latest NI 43-101 Technical Report on the Atocha Property in Colombia reveals significant high-grade gold and silver mineralization, supported by extensive drilling and sampling. The company proposes a CAD$600,000 exploration budget to advance this promising project.

AIC Mines has secured $55 million through a well-supported placement to fund major expansions at its Eloise mine and the development of the Jericho copper project, backed by strategic investor Hawke’s Point.

American West Metals has completed a A$14 million funding round, including a share purchase plan, to accelerate exploration and feasibility studies at its Storm Project. The company is now fully funded to pursue drilling programs targeting copper resources and new discoveries.

Omnia Metals Group has initiated a focused 1,000m reverse circulation drilling campaign at its Salt Creek Project near Kalgoorlie, aiming to unlock high-priority gold targets identified through advanced geophysical analysis.

Warriedar Resources has successfully closed an oversubscribed Share Purchase Plan, raising $9.1 million; well above its initial $2 million target; and securing a total of $21 million in funding to accelerate exploration at its Golden Range Gold Project.

Brightstar Resources reports compelling new gold assay results from its Sandstone Hub drilling, highlighting significant mineralisation at the Bull Oak deposit and promising early-stage findings at Sandstone North.

Koonenberry Gold Limited has revealed a significant 1.6km strike extension to its Sunnyside gold system at the Enmore Gold Project, highlighted by strong surface assay results including high-grade rock chips. The discovery expands the potential strike length to over 2km, setting the stage for an extensive drilling campaign.

New Murchison Gold Limited has requested a voluntary suspension of its ASX securities pending key announcements on the Crown Prince gold project and a capital raising plan.

Polymetals Resources has completed a major refurbishment of its Endeavor processing plant and begun producing saleable silver-lead and zinc concentrates, marking a key milestone in its operational ramp-up.

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Andean Silver’s latest drilling at the Cerro Bayo Project in Chile reveals extensive new high-grade silver and gold mineralisation outside current resources, bolstering its restart and growth strategy.