Latest Mining News

WAT Resources Ltd has successfully produced ferroniobium from its Luni niobium concentrate, marking a key milestone in the West Arunta Project’s development. The proof-of-concept testwork confirms the viability of a conventional production process and sets the stage for further optimisation and product diversification.

WIN Metals has reported significant exploration success at its Butchers Creek Gold Project, with step-out drilling confirming the resource remains open at depth and extending mineralisation 260 metres beyond previous limits.

Corazon Mining has completed a comprehensive VTEM™ geophysical survey over its MacBride Base and Precious Metals Project in Canada, revealing multiple conductive anomalies that could signal new massive sulphide deposits. The company is now prioritising drill targets with plans to commence drilling in late Q1 2025.

Mako Gold Limited’s securities have been suspended from ASX trading following Aurum Resources’ dispatch of compulsory acquisition notices, signaling a pivotal ownership transition.

Regis Resources has established a $300 million revolving credit facility, replacing its previous term loan to enhance financial flexibility and liquidity amid a strong banking syndicate backing.

OM Holdings Limited has reported a strong finish to FY24 with production volumes surpassing guidance and outlined robust production targets for FY25 amid shifting market dynamics in ferrosilicon and manganese.

Philsaga Mining Corporation has announced a delay in the completion of its Tigerway decline at the Co-O Mine, citing COVID-19 disruptions and a significant earthquake as key factors. The company is now focusing on horizontal drives to improve ore transport and ventilation, with full decline completion expected by year-end 2025.

Aeris Resources reported steady copper equivalent production and improved cost management in Q2 FY25, overcoming operational challenges at Tritton. The company advances resource development and feasibility studies, positioning for growth.

Peregrine Gold Limited has successfully raised $1.74 million through its recent entitlement offer, securing key shareholder support to advance exploration at its Tin Can Trend project.

Savannah Goldfields Limited has announced a fully underwritten entitlement offer and placements to raise up to $9.91 million, aiming to fund a restart of mining and processing operations alongside debt repayments and exploration.

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.

Savannah Goldfields Limited has launched a $14 million capital raising to fund the restart of gold mining operations at its Agate Creek and Georgetown projects, backed by cornerstone investors including Wes Maas.