Latest Mining News

Turnstone Resources has moved A$25,000 of its A$1.1 million placement into the immediately available tranche, reducing the amount still dependent on shareholder approval. The company expects to settle the raising this week, with directors committing A$165,000 to the conditional tranche.

Ordell Minerals has completed about 25,000 metres of drilling at its Barimaia gold project and begun a further 14,000-metre campaign aimed at delivering a maiden Mineral Resource Estimate for McNabs East in the December 2026 quarter. The exploration push comes as the pre-revenue company reports an increased annual loss but a stronger $8.2 million cash balance after equity raisings.

Tali Resources ended its first full year as an ASX-listed explorer with A$5.19 million in cash, a larger West Arunta exploration program and a A$1.48 million loss. The annual report also records a A$516,170 impairment after early drilling returned only moderately anomalous results, keeping the company firmly in the high-risk pre-discovery phase.

Leeuwin Metals has rejected the possibility of undisclosed exploration results driving a sharp rise in its share price, after ASX queried the move from $0.22 to $0.295. The gold explorer pointed instead to recent Marda news, a company-funded research report, stronger gold prices and buying by a substantial holder.

Revolver Resources says it knows of no undisclosed information behind a sharp rise in its shares and trading volume. The company pointed only to ongoing work at the Dianne Copper Mine and progress towards a positive Final Investment Decision.

Clara Resources has converted the sale of its non-core Kildanga nickel-cobalt project into $2.1 million of unconditional cash consideration, including $150,000 already received. The remaining $1.95 million is due by 30 September and is earmarked largely for drilling at Mareeba.

Paterson Resources is set to start an extensive drilling campaign at its Grace Gold Project, aiming to upgrade its 200,000-ounce inferred gold resource and extend high-grade mineralisation along a 1.3km strike in the Paterson Province.

Manuka Resources has secured A$14.5 million through a placement to fund finishing its silver de-slime circuit and accelerate production at Wonawinta, targeting first gold sales by September and silver revenues from January 2027.

Raptor Metals has launched a multi-element assay program on archived drill core at its Chester Project, aiming to unlock the polymetallic potential of its existing copper resource in Canada’s Bathurst Mining Camp.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.

Iltani Resources has reported robust assay results from nine new drill holes at its flagship Orient Silver-Indium Project, confirming continuity and expansion potential across Orient East, West, and Vein One zones. The company targets a resource update in Q4 2026 to underpin a 2027 scoping study.

Kaoko Metals secures $20 million from institutional investors to ramp up diamond drilling and exploration across its Namibian copper-silver and gold-copper-tungsten projects.