Latest Mineral Exploration News

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares of Venus Metals Corporation Limited at $0.17 per share, representing a notable premium to recent trading prices. The offer, which allows immediate acceptance via ASX brokers, signals a potential shift in control and strategy for Venus Metals.

Belararox Ltd announces the immediate resignation of founding Managing Director Arvind Misra, with Chairman Neil Warburton stepping in as interim leader during the search for a new executive director.

The Supreme Court of Western Australia has approved Brightstar Resources’ acquisition of Aurumin Limited, setting the stage for Aurumin’s shares to be suspended and delisted from the ASX by early December.

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Golden Mile Resources announces the immediate resignation of Managing Director Damon Dormer, with the board stepping in to manage operations during the transition.

Fortuna Metals has reported exceptional rutile grades from initial soil sampling at its Mkanda and Kampini projects in Malawi, signaling promising early-stage exploration success near a world-class deposit.

Taiton Resources has received regulatory approval to commence drilling at the Yogi prospect within its Highway Project, targeting promising mineralisation in South Australia’s Gawler Craton. The maiden drill program aims to test a significant gravity anomaly indicative of IOCG or rare earth elements.

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

Tali Resources has identified significant new geophysical anomalies at its West Arunta Project, highlighting two promising prospects and securing a $220,000 grant to advance drilling plans in 2026.

Encounter Resources has completed the first tranche of its $25 million share placement, raising approximately $24.5 million to advance its mineral exploration projects. The second tranche, involving shares to a company director, awaits shareholder approval.

Javelin Minerals Limited secured strong shareholder approval for all 16 resolutions at its 2025 Annual General Meeting, including capital consolidation and multiple share issuances.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon, confirming high-grade rutile mineralisation and securing A$4.625 million to accelerate exploration. The company also initiates a strategic review of its Malawian rare earth portfolio amid growing market interest.