Latest Australian Mining News

Pearl Gull Iron has completed the sale of its Cockatoo Island Project, receiving $4.5 million in cash, a 4% indirect stake in Crestlink Pty Ltd, and ongoing royalties. The transaction positions the company to pursue new growth opportunities while maintaining exposure to the project’s future upside.

GBM Resources has partially completed its $8 million placement to Wise Walkers but faces delays in receiving the remaining funds due to Chinese foreign exchange controls. Shareholder approval for the balance is now pending.

Medallion Metals has completed a Feasibility Study for its Ravensthorpe Gold Project, confirming robust economics and a clear pathway to near-term gold and copper production leveraging existing infrastructure in Western Australia.

Emeco Group reveals a robust FY25 with $785 million revenue, nearly half from its expanding maintenance services, underpinned by advanced asset management technology and a strategic push into new sectors.

Larvotto Resources has acquired Elemission’s advanced ECORE core scanning system to accelerate exploration and metallurgical development at its Hillgrove Antimony-Gold Project, aiming to enhance processing efficiency and project growth.

Aureka Limited has forged a capital-light land access deal and welcomed RDI Mining as a strategic partner, enhancing its exploration capabilities at key Victorian gold projects.

MGX Resources has received Foreign Investment Review Board approval to acquire a 50% interest in the Central Tanami Gold Project, marking a pivotal step toward becoming a long-life Australian gold producer.

Odyssey Gold’s latest drilling at the Tuckanarra Project delivers strong, consistent gold grades, reinforcing the Highway Deposit’s potential for resource upgrade and open pit mining development.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares in Venus Metals Corporation Limited at a 21% premium, aiming to consolidate control and potentially delist the explorer.

New Frontier Minerals advances its Harts Range heavy rare earths project with imminent drilling and secures a strategic alliance to develop its NWQ copper assets, positioning itself strongly in critical minerals supply.

Corazon Mining has formalised a key land access agreement with the Marputu Aboriginal Corporation, securing tenure and advancing exploration plans at its Two Pools Gold Project in Western Australia.

Alfabs Australia Limited reported robust financial gains in FY2025, including a maiden dividend and major contract completion, while signaling cautious optimism for 2026 amid softer markets and uncertain project pipelines.