Latest Mining News

Red Hill Minerals has agreed to acquire a 1.5% net smelter royalty on the Thomson gold-copper project in New South Wales, expanding its royalty portfolio with a project showing significant exploration potential.

Dreadnought Resources has wrapped up a comprehensive 2,724m drilling campaign across multiple targets at its 100% owned Mangaroon Gold Project, with assay results expected in May and June 2025. This program aims to bolster near-term production ounces and advance the company’s self-funded exploration strategy.

MetalsGrove Mining Limited has completed the acquisition of three gold joint venture permits covering 950 km² in central-west Côte d’Ivoire, positioning itself near the prolific Abujar gold mine. The company plans to initiate exploration soon, leveraging promising geological indicators and regional activity.

Corella Resources has capitalised on strong demand following its recent rights issue by placing an additional 68 million shares and options, boosting total funds raised to over $1 million.

Classic Minerals Limited has completed the sale of its Kat Gap tenements for A$7 million, using the proceeds to retire debt and accelerate exploration at its Lady Ada and Lady Magdalene gold projects within the Forrestania region.

Dateline Resources has gained critical U.S. regulatory approval for its Colosseum Gold-REE Project, unlocking rare earth exploration rights and pursuing an OTCQB listing to engage American investors.

High-Tech Metals Limited has raised $1.26 million through a share placement backed by a cornerstone investment from Ragnar Metals, which now gains board representation. This capital injection aims to accelerate exploration activities across HTM’s project portfolio.

Advance Metals Limited has successfully raised $2.55 million to fund follow-up drilling at its high-grade Myrtleford Project in Victoria and initiate maiden drilling at its Yoquivo Silver-Gold Project in Mexico.

Arika Resources has successfully raised $5 million through an oversubscribed share placement to fast-track drilling and exploration at its Yundamindra and Kookynie gold projects in Western Australia.

Red Mountain Mining has raised $400,000 through convertible notes to fund drilling at its Kiabye Gold Project in Western Australia and further exploration at the Armidale Antimony-Gold Project in New South Wales.

Equinox Resources has successfully raised A$3 million through a strategic placement to fund key milestones across its titanium, antimony, and iron ore assets. The capital injection aims to drive resource estimation, drilling, and legal progress in multiple jurisdictions.

Codrus Minerals has obtained a significant drilling permit for its Bull Run Gold Project in Oregon, reviving exploration at a historically productive site with promising past results and strong government support.