Latest Mining News

Brockman Mining has regained full control of its Ophthalmia Project after Polaris Metals surrendered its joint venture interest, ending a loan obligation and opening new development options.

Castile Resources has released a robust 2026 Scoping Study for its Rover 1 IOCG project, showcasing strong financial metrics and the strategic inclusion of bismuth as a new revenue stream.

Prodigy Gold NL is transitioning from exploration to development, underpinned by a robust scoping study at Hyperion and progressing approvals to restart mining at Twin Bonanza's Old Pirate mine.

Cygnus Metals has sent out the Scheme Booklet to shareholders detailing the proposed acquisition by Central Asia Metals, with directors recommending approval ahead of the September vote.

InVert Graphite has secured full ownership of RapidGraphite, gaining exclusive rights to RapidPulse technology that promises to transform graphite processing with a rapid, sustainable method. The company raised A$2.5 million to fund scaled-up trials, aiming to integrate this breakthrough with its Tanzanian graphite assets.

Vault Minerals delivered a standout FY26 with a 54% jump in underlying EBITDA to $953 million, underpinned by strong gold prices and operational discipline. The company is on track to merge with Genesis Minerals, setting the stage for a new Australian gold powerhouse.

WhiteRock Lithium Corp. reported a CAD 5.96 million net loss for 2025, deepening its accumulated deficit amid dwindling cash reserves and a material going concern warning from auditors. The company disposed of its Chavamond property and extended warrant expiry dates in a bid to manage liquidity and capital structure.

Genesis Minerals (ASX:GMD) reported a 172% jump in net profit to A$601.8 million for FY26, backed by record production and a major acquisition. The company declared its first fully franked dividend and set sights on completing a transformative merger with Vault Minerals.

Loyal Metals Limited shareholders have given the green light to a scheme of arrangement for PT Bumi Resources to acquire the company at A$0.45 per share, pending final court approval and other conditions.

Vertex Minerals secures key approval for round-the-clock underground mining and blasting at Reward Gold Mine, advancing its path to commercial production.

Medallion Metals has raised A$60 million through a targeted placement, boosting its liquidity to about A$175 million and enabling accelerated development of its Ravensthorpe Gold Project and drilling programs in Western Australia.

Genesis Resources’ recent rock chip sampling at its Arltunga tenement in the Northern Territory has revealed multiple high-grade gold assays, including a standout 28.8 g/t Au at WP-10, prompting plans for targeted drilling in 2027. Sampling at Alice Springs was limited by weather but flagged a significant copper anomaly.