Latest Mining And Exploration News

Magnum Mining and Exploration Limited has voluntarily suspended trading of its shares pending a significant capital raise announcement, signaling a pivotal moment for the company.

North Stawell Minerals reports compelling high-grade gold grab samples and promising soil geochemistry at its Darlington Project, reinforcing the potential for significant mineralisation along the Darlington-Caledonia trend.

Peel Mining Limited has launched a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares following a $16.25 million placement. The move aims to bolster funding for exploration and corporate initiatives while giving retail investors a chance to participate.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Gorilla Gold has reported compelling high-grade drill results at its Mulwarrie Gold Project in Western Australia, setting the stage for an ambitious resource expansion drilling campaign starting November 2025.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Black Cat Syndicate has unveiled new, exceptionally high-grade gold lodes at its Paulsens Gold Operation, including a standout 5-meter intercept grading 90.55 grams per tonne. This discovery could accelerate resource growth and production plans at the underground mine.

Quantum Graphite Ltd reported a significant revenue jump alongside a $4.9 million net loss for FY2025, as it pushes forward with its Uley 2 graphite project backed by major infrastructure and funding initiatives.

Variscan Mines has completed a detailed 3D laser survey at its Udías Mine, revealing extensive under-explored zones and confirming a geological connection to the San Jose Mine. This breakthrough supports ongoing drilling and promises to enhance future resource estimates and mine planning.

Nelson Resources confirms robust high-grade gold mineralisation at its Yarri Project through re-assay results, reinforcing earlier findings and hinting at broader mineralisation beyond known host rocks.

North Stawell Minerals (ASX – NSM) advances drilling at its North Stawell Gold Project, revealing promising high-grade gold intercepts and a robust exploration pipeline near the historic Stawell mine.