Latest Mining News

Athena Resources has produced a 10kg sample of ultra-high-grade magnetite concentrate grading 70.55% iron from its Byro Magnetite Project, positioning the company at the forefront of green steel feedstock supply.

Rox Resources reports metallurgical test results confirming over 94% gold recovery at Youanmi using Albion oxidative leaching, advancing its path to production. The company also appoints Increva to oversee key construction phases.

Northern Star Resources delivered a standout FY25 with soaring revenue and EBITDA, bolstered by the strategic acquisition of De Grey Mining and promising FY26 guidance.

Northern Star Resources has delivered record FY25 financial results, including a landmark dividend and a strengthened balance sheet, while advancing its strategic acquisition of De Grey Mining’s Hemi project.

Northern Star Resources has announced a fully franked dividend of AUD 0.30 per share for the first half of 2025, offering shareholders a Dividend Reinvestment Plan with no discount.

Northern Star Resources reports a remarkable 110% profit increase for FY25 alongside a 30% revenue rise, declaring a fully franked 30-cent final dividend. The acquisition of De Grey Mining marks a strategic expansion amid strong financial momentum.

Vault Minerals reports a robust FY25 with A$1.43 billion revenue and a net profit of A$237 million, driven by full-year integration of Silver Lake Resources and operational advances. The company outlines a strategic two-stage expansion at King of the Hills and maintains a strong cash position post debt repayment.

St Barbara Limited reported a $52 million underlying loss for FY25, driven by investments in its Simberi Expansion Project and operational challenges. The company classified its Atlantic operations as discontinued, recognizing a $38 million impairment, while completing a $100 million capital raise to support growth.

Mount Ridley Mines Limited has announced a pro-rata entitlement offer to raise up to $596,842, accompanied by free attaching options, alongside a $234,000 placement aimed at funding key exploration projects and working capital.

Kaili Resources Limited has resumed trading on the ASX following a suspension triggered by regulatory queries. The company’s prompt response to ASX concerns has cleared the way for its securities to re-enter the market.

Kaili Resources has officially confirmed a change of control with Mr Jianzhong Yang now holding over 60% of shares, alongside a significant board reshuffle. The company remains focused on advancing its rare earth elements exploration in South Australia.

Astron Corporation Limited is set to redomicile from Hong Kong to Australia through a scheme of arrangement, creating a new Australian parent company, Aus NewCo. This move aims to align the corporate structure with its Australian assets and simplify shareholder voting.