Latest Mining News

ActivEX Limited reports progress on multiple Queensland mineral projects, including a major drilling campaign at Gilberton and advancing rare earth exploration, while managing its portfolio through asset sales and loan facility extensions.

Mount Hope Mining has raised $2.48 million through a placement and share purchase plan to accelerate drilling at its Mt Solitary gold prospect and the broader 7.5km gold corridor in the prolific Cobar Basin.

Scorpion Minerals Limited has resumed trading following a pivotal announcement on drilling results, a new tenement application, and a potential strategic partnership, alongside financing updates.

Scorpion Minerals reports promising shallow gold intercepts at its Pharos Project and announces a strategic collaboration with Gylden Resources, enhancing processing options in Western Australia’s Murchison region.

Diatreme Resources has sold its Clermont Project subsidiaries to Moonlight Resources, receiving shares and cash, while offering its shareholders a priority IPO opportunity with free options.

Greenvale Energy’s recent spectral gamma logging at the Oasis Uranium Project reveals significant high-grade uranium extensions, reinforcing the deposit’s scale potential and prompting a new trenching program.

Ioneer Ltd has enhanced the economics of its Rhyolite Ridge Lithium-Boron Project by cutting leach retention time, boosting lithium and boron production and improving key financial metrics with minimal capital cost increase.

Arika Resources reports significant high-grade gold mineralisation from maiden drilling at new geophysical targets south of Pennyweight Point, validating its exploration strategy at the Yundamindra Gold Project.

Eclipse Metals has advanced its Greenland rare earths project with expanded drilling and a key licence renewal, while preparing for a NASDAQ dual listing to tap North American investors.

Omnia Metals Group has successfully issued 54 million shares, raising $1.08 million as part of a broader $1.58 million placement. The company now looks to shareholders for approval to complete the remaining share and option issues.

Rincon Resources has completed a significant drilling campaign at its Telfer South Gold Project, testing extensions well beyond its initial resource footprint, while early Laverton drilling results show modest gold grades. Assay results expected soon will be pivotal for the company’s next exploration phase.

Dart Mining’s preliminary IP survey at the Coonambula project reveals promising extensions of the Banshee antimony-gold mineralisation, setting the stage for expanded drilling and resource modelling.