Latest Mining News

Meeka Metals Limited reports a strong cash position of $55.259 million as of December 31, 2024, underpinning its exploration activities with nearly 30 quarters of funding available. Despite ongoing cash outflows from exploration and corporate costs, the company’s financial footing remains robust.

Warriedar Resources has reported promising assay results from its maiden aircore drilling program at the Golden Range Project, successfully delineating major shear zones and revealing high-grade gold mineralisation that could signal new regional discoveries.

29Metals Limited delivered a robust December Quarter 2024 update, marked by significant operational progress including high-grade copper discoveries at Europa and a successful debt refinancing that strengthens its financial footing.

Berkeley Energia's latest drilling at the Conchas Project in Spain reveals consistent, shallow lithium and rubidium mineralisation, underscoring the project's critical minerals potential. Metallurgical testing and 3D modelling are next steps to unlock value.

MAC Copper Limited delivered a record quarterly copper production of 11,320 tonnes in Q4 2024, alongside a 12% reduction in cash costs to US$1.66/lb, setting the stage for ambitious growth targets by 2026.

29Metals delivered a solid December 2024 quarter, meeting production and cost targets while strengthening its balance sheet through a $180 million equity raising and senior debt refinancing. The company is poised to extend its Golden Grove mine life with the Gossan Valley investment.

Pilbara Minerals reported a 14% drop in spodumene concentrate production for December Quarter FY25 amid operational shifts, yet revenue rose 3% driven by higher prices. The company advances its P1000 Project and secures approval to acquire Latin Resources, signaling growth ambitions.

Regener8 Resources has completed maiden drilling at its East Ponton project, confirming Mulga Rock-style polymetallic mineralisation with notable gold, nickel, and cobalt intercepts. The company now shifts its exploration focus to the promising North Achilles project in New South Wales.

Burley Minerals has reported robust iron assay results from its Cane Bore Iron Project, significantly enlarging prospective drilling areas and advancing towards a maiden drilling program pending heritage and regulatory approvals.

Australian Gold and Copper Ltd (AGC) has reported strong silver assay results from its Achilles deposit, extending the high-grade silver zone to more than 600 metres in strike length and open at depth. A major drilling campaign is set to further explore this promising discovery in the South Cobar Project, NSW.

Black Cat Syndicate reports successful commissioning of the Paulsens Gold Operation processing facility, achieving over 92% gold recovery and initiating high-grade ore processing as it prepares for first stoping in February 2025.

Argent Minerals has reported compelling high-grade gold, silver, copper, indium, lead, and zinc mineralisation at its Wood Gully Gossan Prospect near Kempfield, NSW, confirming significant polymetallic potential and setting the stage for expanded exploration.