Latest Mining Minerals News

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

Alma Metals has bolstered its Briggs Copper JV Project with a $1.06 million capital raise and an updated resource estimate that now includes silver. The company is progressing a scoping study and preparing for significant drilling to unlock further value.

American Rare Earths Limited reports strong progress at its Halleck Creek Rare Earths Project, highlighted by exceptional sampling results, key permitting milestones, and a $15 million equity raise to fund development.

American Rare Earths has raised A$15 million through a well-supported placement to accelerate its Halleck Creek rare earths project in Wyoming, signalling a strategic pivot with new leadership focused on U.S. operations.

Nordic Resources has completed a major acquisition of three advanced gold projects in Finland, lifting its total gold equivalent resources to 1.23 million ounces. The company also secured A$3.5 million in institutional funding and appointed a seasoned mining executive as Chairman.

American Rare Earths announces the resignation of CEO Chris Gibbs as leadership transitions to focus on advancing the Halleck Creek Project, with minimal disruption expected.

Strickland Metals has ramped up exploration at its Rogozna Project in Serbia by deploying an eighth diamond drill rig focused on expanding a promising high-grade gold zone within the Shanac Deposit. The company’s strong cash position and recent strategic investment underpin its aggressive growth strategy.

Aurumin Limited has reported impressive high-grade gold assay results from its recent drilling at the Gwendolyn deposit, setting the stage for a resource upgrade and advancing development plans at the Johnson Range Gold Project.

De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.

Viridis Mining and Minerals has raised A$3.5 million through a placement to fund critical development milestones for its Colossus Rare Earth Element project, following a major resource upgrade.

Viridis Mining & Minerals has cleared major environmental and regulatory hurdles for its Colossus Rare Earth Project, securing critical local government endorsements and submitting comprehensive impact assessments that pave the way for construction in 2026.