Latest Mining News

Terrain Minerals has completed a $1.42 million placement in December, topping up an earlier October raise to fully fund its upcoming drilling campaigns and maiden JORC resource estimate.

Somerset Minerals has raised A$3.7 million through a dual placement to fund an aggressive 2026 drilling campaign at its Coppermine Project in Nunavut, targeting high-grade copper extensions and new discoveries across a vast landholding.

High-Tech Metals has commenced a 3,000m drilling program at its high-grade Wagtail gold deposit, while identifying promising new regional targets at Mt Fisher and Mt Eureka for early 2026 exploration.

Pursuit Minerals has completed the acquisition of the Sascha Marcelina Gold Project in Argentina, setting the stage for a high-impact drilling campaign while simultaneously advancing its lithium development at Rio Grande Sur.

Power Minerals has completed a cutting-edge drone magnetic survey over its Santa Anna project in Brazil, revealing new exploration targets and setting the stage for a significant drilling campaign aimed at defining a maiden resource.

Lindian Resources has completed its final payment to acquire 100% ownership of the Kangankunde Rare Earths Project in Malawi, accelerating its path to production and consolidating control over one of the world’s highest-grade rare earth deposits.

Hot Chili Limited's latest drilling at La Verde confirms a growing higher-grade copper-gold core near surface, promising to enhance the Costa Fuego project's economics and scale.

Sunshine Metals has identified seven promising volcanogenic massive sulphide targets at its Ravenswood Consolidated Project, highlighted by exceptional gold-in-soil grades reaching 8.45 g/t at Truncheon East. The findings, supported by a Queensland Government grant, set the stage for intensified exploration in 2026.

Bindi Metals has identified several promising gold prospects along a 2.5 km corridor at its Ravni Gold Project in Serbia, supported by extensive sampling and historic data. A detailed geophysical survey and drilling program are set to follow, aiming to refine and test these targets.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

Riversgold Limited has identified promising shallow gold mineralisation in a previously undrilled area at its Northern Zone Gold Project near Kalgoorlie, expanding the potential footprint ahead of planned mining in 2026.

Meteoric Resources has successfully produced its inaugural batch of Mixed Rare Earth Carbonate at its Caldeira Pilot Plant in Brazil, marking a significant milestone in its rare earths project development.