Latest Mining News

Peninsula Energy has reduced its debt by US$4.25 million through a partial conversion of its convertible loan facility, issuing nearly 20 million shares to its lender. This move supports the ongoing restart and ramp-up of its Lance Uranium Project in Wyoming.

Australian Vanadium Limited has responded to an ASX price query following a sharp rise in its share price and trading volume, denying any undisclosed information behind the market activity.

Cobre Limited has had its trading suspension lifted immediately following the announcement of a significant acquisition and capital placement, signalling a pivotal moment for the base metals miner.

Cobre Limited has secured A$60 million to acquire a majority stake in the Sierra Atacama Copper Project in Chile, positioning itself as a significant copper producer with strong expansion potential.

US1 Critical Minerals has provided clarity on the issuance of 50 million fee options to consultants related to its December 2025 placement, reaffirming shareholder approval is pending and no funds will be raised from this issuance.

Enova Mining has successfully raised $2 million through a heavily oversubscribed share placement, enabling accelerated drilling and test work at its East Salinas and Charley Creek projects. This capital injection positions the company to advance its critical minerals exploration amid growing demand for rare earth elements.

Paladin Energy reported a 16% increase in uranium production and a significant rise in sales volumes for the December 2025 quarter, alongside a successful equity raise and debt restructuring that enhance its financial flexibility.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources in a $214 million transaction, while spinning off its remaining assets into a new ASX-listed company, NewCo. The deal offers Peel shareholders immediate value and ongoing exposure to a diversified metals portfolio.

PhosCo Ltd has reported outstanding final assay results from its Gasaat Phosphate Project in Tunisia, setting the stage for maiden resource estimates at the KM and SAB prospects. These high-grade intercepts promise to enhance early project economics and underpin an optimised scoping study.

New Frontier Minerals has executed a binding option to acquire a 90% interest in the Pomme Rare Earth Element and Niobium project in Quebec, partnering with Metallium to leverage advanced processing technology and expand its critical minerals footprint.

Strata Minerals has launched fieldwork at the expanded Zelica South Project following a strategic tenement acquisition, aiming to unlock new high-grade gold targets along an 8km mineralised corridor.

Aguia Resources is poised to commence production at its Tres Estradas phosphate mine with infrastructure nearly complete and key licenses expected imminently. Meanwhile, exploration at the nearby Passo Feio project reveals promising phosphate grades, underpinning a strong market outlook amid global supply constraints.