Latest Mining News

Legacy Minerals has completed its inaugural drilling campaign at the Thomson Project in north-west NSW, intersecting extensive quartz-sulphide veins indicative of promising intrusion-related gold and copper mineralisation. Assay results are pending, with further drilling approvals underway to explore additional targets.

Arika Resources has launched an expanded 10,000-metre drilling program at its Yundamindra Gold Project in Western Australia, targeting high-grade gold zones at the Landed at Last and Pennyweight Point prospects.

Lachlan Star Limited has reported promising initial gold assay results from its ongoing drilling at the Killaloe Gold Project in Western Australia, revealing new shallow gold-bearing structures near the Duke main trend. The under-explored project shows strong potential for further discoveries as drilling continues.

Syrah Resources has resumed natural graphite production at its Balama mine in Mozambique after restoring site access, aiming to rebuild inventory for large shipments targeting ex-China markets in the coming quarter.

North Stawell Minerals has updated the timetable for its $3.6 million equity raising, delaying the placement settlement but maintaining the entitlement offer schedule.

Aurelia Metals has unveiled a robust growth strategy targeting around 40,000 tonnes of copper equivalent production by fiscal 2028, backed by a strong balance sheet and multiple development projects. The company is advancing key operations in the Cobar region while emphasizing operational discipline and sustainability.

Alkane Resources has secured Swedish regulatory approval for its proposed merger with Mandalay Resources, advancing a significant consolidation in the gold and antimony mining sector. The deal now awaits further approvals before shareholder votes expected in July.

Catalyst Metals has completed its acquisition of the Old Highway Gold Project, setting the stage for a significant expansion across multiple mining sites in Western Australia.

Eclipse Metals confirms a significant inferred resource of rare earth elements at its Grønnedal Project in Greenland, highlighting coarse-grained mineralogy and efficient processing potential that could position it as a key Western supplier.

Aurelia Metals has released its FY26 production, cost, and capital guidance alongside an aspirational outlook for FY27 and FY28, highlighting key operational shifts and investment in the Cobar region.

Red Hill Minerals has completed the acquisition of a 2% gross revenue royalty on Brightstar Resources’ Sandstone Gold Project, coinciding with promising high-grade drilling results that underscore the project’s potential.

Raiden Resources has extended its Phase 2 drilling program at the Vuzel Gold Project in Bulgaria, intersecting a visually distinct potential epithermal feeder zone and expanding near-surface gold mineralisation by 600 metres. Assays are pending to confirm the grade and nature of this promising discovery.