Latest Mining News

Australian Gold and Copper Ltd has completed its largest aircore drilling campaign at South Cobar, revealing two major gold-silver trends and setting the stage for further exploration success.

Yandal Resources has kicked off a significant air-core drilling program across its Caladan target area, aiming to unlock a large-scale gold system with promising early signs of mineralisation. Results are expected from July through August, potentially reshaping exploration prospects in Western Australia’s Northeastern Goldfields.

Albion Resources has cleared heritage approvals at its Ives Find prospect and engaged an RC drilling contractor, gearing up for a maiden drilling campaign at Yandal West.

Podium Minerals Limited has announced a fully underwritten entitlement offer to raise approximately A$2.6 million, aimed at advancing metallurgical test work and maintaining its expanded tenement package for the Parks Reef PGM Project.

Asian Battery Metals has intercepted further massive sulphide mineralisation at its Oval copper-nickel project in Mongolia, expanding the known mineralised zone and confirming geological continuity between key areas.

Metal Hawk Limited has expanded its gold mineralised footprint at Leinster South with new high-grade surface assays and is set to commence a significant drilling program supported by government co-funding.

Marimaca Copper Corp. has announced a US$17.7 million private placement led by existing insiders and a new institutional investor to fund exploration and development of its flagship copper project in Chile.

Elevate Uranium has identified a substantial uranium mineralised envelope at its Namib IV tenement, expanding the Koppies Uranium Project and setting the stage for a maiden resource estimate later this year.

Aeris Resources has secured a $60 million Guarantee Facility with Washington H. Soul Pattinson, replacing its ANZ environmental bonding, and extended its $50 million Term Facility to August 2026 under favourable terms.

Titan Minerals Limited has launched a transaction-specific prospectus offering 4 million new options to its underwriter, exercisable at A$0.70 and expiring in January 2027. The offer, which raises no immediate funds, could inject approximately A$2.8 million upon option exercise.

Spartan Resources Limited shareholders are set to vote on a scheme of arrangement for Ramelius Resources Limited to acquire all Spartan shares, creating a leading Australian gold producer with a pro forma market capitalization of $5.3 billion.

Lodestar Minerals has updated its investor presentation highlighting encouraging early drilling results from its Chilean IOCG and porphyry copper projects, alongside a clear roadmap for upcoming exploration activities.