Latest Mining Sector News

Swift Networks reports solid FY25 results with $17.7 million revenue and launches its next-generation Swift TV platform, backed by a recent $1.6 million capital raise and pre-orders across key sectors.

Rumble Resources’ latest Scoping Study reveals a promising underground gold mining project at Western Queen South with low capital costs and strong financial returns, setting the stage for rapid development and potential resource expansion.

RareX Limited has signed a historic Mining Heritage Protection Agreement with the Jaru people, clearing a major hurdle for the Cummins Range rare earths project and paving the way for a Mining Lease.

Kingsgate Consolidated and the Thai government have mutually agreed to terminate a long-standing arbitration under TAFTA, signaling renewed cooperation and promising benefits for the Chatree gold and silver mine.

AKORA Resources has taken a pivotal step by submitting its application to convert the Bekisopa Iron Ore Project’s exploration licence into a mining licence, leveraging recent political reforms in Madagascar to unlock development and investment opportunities.

Brazilian Critical Minerals Ltd has been served with a writ alleging breach of a convertible loan agreement tied to share issuance and pricing, sparking a legal dispute with a US investment firm.

West African Resources Limited has resumed trading on the ASX following a government request to acquire an additional 35% stake in its Kiaka subsidiary, signaling a notable shift in ownership dynamics.

West African Resources is advancing negotiations with the Burkina Faso Government over equity interests in its Kiaka gold project, proposing alternatives to direct government ownership to boost national benefits without diluting shareholder value.

Nex Metals Explorations reported no exploration spending in Q1 FY26 but made significant strides by finalising a profit-sharing deal for its Kookynie project and entering Egypt’s Eastern Desert mining scene.

Warriedar Resources has officially been acquired by Capricorn Metals through a court-approved scheme, with shareholders exchanging their holdings for Capricorn shares and options. The takeover culminates in Warriedar’s imminent delisting from the ASX.

Warriedar Resources has completed its acquisition by Capricorn Metals through a court-approved scheme, with shareholders exchanging their shares for Capricorn stock. The takeover triggers Warriedar’s removal from the ASX next week.

Iondrive Limited has successfully raised $4 million through a share placement to accelerate the commercialisation of its innovative e-waste recycling technology in the United States.