Latest Mining News

Orion Minerals has completed critical Black Economic Empowerment transactions, unlocking the path to project financing for its Okiep Copper Project. Definitive Feasibility Studies for its flagship Flat Mines and Prieska Copper Zinc projects are in final review stages, promising stronger project metrics.

IGO's December quarter report reveals robust performance at Greenbushes lithium mine but significant setbacks at Kwinana and Nova, culminating in a $79 million EBITDA loss and a strategic halt on Kwinana’s Plant 2.

QPM Energy reported a 21.3% rise in electricity and gas sales revenue to $30.8 million in the December 2024 quarter, driven by strong electricity prices and strategic asset acquisition. The company also advanced its drilling program and optimized gas production despite a decline in third-party supply.

Champion Iron Limited reported robust financial results for the nine months ended December 31, 2024, alongside a strategic partnership to develop its Kami Project with Nippon Steel and Sojitz.

Flagship Minerals has identified six new copper targets through a stream sediment survey at its Rosario Copper Project in Chile, with three targets ranked as high priority, confirming extensive copper mineralisation across the site.

Southern Cross Gold Consolidated has reported exceptional high-grade gold intersections from deep drilling at its Christina prospect, confirming robust mineralization extending 350 metres below previous hits and expanding the Sunday Creek project's footprint.

Olympio Metals has identified multiple coincident EM and IP anomalies at its Dasserat prospect in Quebec, setting the stage for a drilling campaign planned for early February 2025.

Strickland Metals has reported exceptional drilling results from its Rogozna Project in Serbia and Yandal Project in Western Australia, alongside a robust financial footing to support ongoing exploration.

Lanthanein Resources has completed initial drilling phases at its Lady Grey Project and secured a six-month extension on its farm-in agreement, positioning the company for a critical assessment of its gold exploration prospects.

Titan Minerals reports standout drilling results at its Dynasty Gold Project’s Iguana prospect, confirming resource growth potential with significant gold and silver intercepts. The company is advancing its 10,000m drilling campaign backed by a strong balance sheet.

Champion Iron reports solid operational progress with 3.6 million wmt production and key partnerships, despite a sharp net income decline in Q3 FY2025.

Magnetite Mines Limited has made significant strides in advancing its Razorback Iron Ore Project, securing a $7 million funding facility and progressing strategic partnerships with JFE Shoji Australia. The company is also preparing to submit its Mining Lease Proposal to the South Australian Government amid a streamlined board and cost-cutting measures.