Latest Mining News

Global Uranium and Enrichment Limited has entered a new funding agreement with Summit Strategies LLC, raising an additional A$2.5 million through convertible notes to support its ongoing operations and merger obligations with Snow Lake Resources.

Power Minerals Limited updates its acquisition of the Gamma Heavy Rare Earths Project in California, clarifying historical data limitations and securing $4.1 million to fund exploration activities.

Lincoln Minerals Limited has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed information is driving the activity.

Tambourah Metals has identified a significant gold anomaly at its Beatty Park South project through ultrafine soil sampling, prompting plans for follow-up RC drilling to test high-grade mineralisation.

Altair Minerals has raised A$13 million through an institutional placement led by 1832 Asset Management, fully funding an extensive drilling program at its Greater Oko Project set to begin early next year.

Gibb River Diamonds has commenced mining at its Neta Gold Prospect in WA, with ore processing agreements in place and first cashflow anticipated by early 2026. The company also outlines ambitious exploration plans for its broader portfolio.

Dart Mining’s first drill hole at Great Divide Mining’s Coonambula project reveals impressive high-grade antimony and gold assays, validating the joint venture’s exploration strategy and promising further resource development.

SSH Group has completed a $2.53 million strategic placement with Xinhai Mining Services, welcoming the global EPC+M+O leader as a 15.5% cornerstone shareholder and setting the stage for accelerated growth.

Arika Resources reports compelling extensional drilling results at its Yundamindra Gold Project, confirming significant strike and depth extensions at the Landed at Last Prospect and advancing resource potential.

Flagship Minerals has achieved a critical milestone with the approval of the ENAPAC Ruta Este desalination pipeline, securing a sustainable water supply for its Pantanillo Gold Project in Chile’s Maricunga Gold Belt. This development significantly reduces a major operational risk as the company advances its resource upgrade and project studies.

West Wits Mining has issued over 100 million unlisted options to Absa Bank to settle loan fees, reflecting a deepening partnership and shared confidence in the Qala Shallows gold project.

Ballymore Resources has kicked off drilling at the Torpy’s Crooked Creek silver-lead-zinc mine near Chillagoe, targeting extensions of a historically rich deposit with promising modern geophysical data.