Latest Mining News

29Metals delivered a solid December 2024 quarter, meeting production and cost targets while strengthening its balance sheet through a $180 million equity raising and senior debt refinancing. The company is poised to extend its Golden Grove mine life with the Gossan Valley investment.

Pilbara Minerals reported a 14% drop in spodumene concentrate production for December Quarter FY25 amid operational shifts, yet revenue rose 3% driven by higher prices. The company advances its P1000 Project and secures approval to acquire Latin Resources, signaling growth ambitions.

Regener8 Resources has completed maiden drilling at its East Ponton project, confirming Mulga Rock-style polymetallic mineralisation with notable gold, nickel, and cobalt intercepts. The company now shifts its exploration focus to the promising North Achilles project in New South Wales.

Burley Minerals has reported robust iron assay results from its Cane Bore Iron Project, significantly enlarging prospective drilling areas and advancing towards a maiden drilling program pending heritage and regulatory approvals.

Australian Gold and Copper Ltd (AGC) has reported strong silver assay results from its Achilles deposit, extending the high-grade silver zone to more than 600 metres in strike length and open at depth. A major drilling campaign is set to further explore this promising discovery in the South Cobar Project, NSW.

Black Cat Syndicate reports successful commissioning of the Paulsens Gold Operation processing facility, achieving over 92% gold recovery and initiating high-grade ore processing as it prepares for first stoping in February 2025.

Argent Minerals has reported compelling high-grade gold, silver, copper, indium, lead, and zinc mineralisation at its Wood Gully Gossan Prospect near Kempfield, NSW, confirming significant polymetallic potential and setting the stage for expanded exploration.

Hamelin Gold's latest soil sampling at the Anderson project in WA reveals strong gold anomalism, identifying new bedrock sources and expanding the project area to 500km². Further sampling aims to refine drill targets in this promising Wheatbelt region.

Asara Resources has resumed exploration activities at its flagship Kada Gold Project in Guinea, appointing key technical consultants and preparing for a targeted drilling program to upgrade its mineral resource estimate.

Vault Minerals delivers a robust December quarter with nearly 98,000 ounces of gold produced and strong cash flow, while committing $80 million to expand its King of the Hills processing facility.

Antipa Minerals Ltd reports multiple high-grade gold and copper intersections from its Minyari Dome Project, reinforcing the potential for significant resource expansion. The latest drilling results highlight near-surface mineralisation and set the stage for an advanced economic study.

Terrain Minerals has reopened its strategic placement to raise an additional $150,000 at a premium price, attracting a specialist micro-cap fund and reinforcing confidence in its gallium and base metals projects.