Latest Mining News

Ballymore Resources has confirmed significant high-grade silver-lead-zinc mineralisation in its first step-out drill hole at Little Torpy’s, 600 metres south of the main Torpy’s workings, underscoring the potential for a large-scale project in north Queensland.

MGX Resources has completed its $50 million acquisition of a 50% stake in the Central Tanami Gold Project, positioning itself for a major push in one of Australia's highest-grade gold ventures.

Impact Minerals has identified a promising standalone process to produce sulphate of potash and hydrochloric acid from lake clays in Western Australia, potentially reducing reliance on imports and addressing local industrial demand.

Rio Tinto has officially ended merger discussions with Glencore, citing an inability to reach a deal that benefits shareholders. The decision underscores Rio Tinto’s disciplined approach to long-term value creation.

New Age Exploration Limited has issued a prospectus to facilitate secondary trading of new options issued under a recent $3.75 million placement, offering 1,000 new options at $0.01 each. The move aims to remove trading restrictions and improve liquidity for option holders.

DGR Global, a major SolGold shareholder, has announced its current intention to back Jiangxi Copper's 28p per share offer, pending no better bids emerge. The SolGold board unanimously supports the scheme, with a shareholder vote set for 23 February 2026.

Manuka Resources’ subsidiary Trans-Tasman Resources has received a draft decision proposing to decline consent for its Taranaki VTM iron sands project, challenging the company’s plans to develop a critical minerals supply in New Zealand.

US1 Critical Minerals Limited has launched a substantial options offer to existing shareholders and institutional investors, aiming to raise up to $5.9 million upon exercise, while navigating ongoing litigation and capital challenges.

US1 Critical Minerals announces a bonus issue of options to shareholders and a $1.5 million placement with free attaching options, pending shareholder approval.

West Coast Silver Limited is undertaking a detailed technical review at its Elizabeth Hill Silver Project to refine exploration targets and development plans for 2026, supported by a solid $6.2 million cash reserve.

Lotus Resources has launched a A$81 million equity raising to support the ramp-up of its Kayelekera uranium mine to steady state production targeted in Q2 2026, while advancing development of its Letlhakane project.

Lotus Resources has launched a A$76 million placement alongside a A$5 million share purchase plan to fund the ramp-up of uranium production at its Kayelekera mine, aiming for steady-state output by mid-2026 amid strong market fundamentals.