Latest Mining News

Eagle Mountain Mining has formalised a joint venture with Nittetsu Mining for the Oracle Ridge copper project in Arizona, with Nittetsu committing US$20 million to advance exploration and development while managing the operation.

Great Divide Mining has transitioned its Challenger Gold Mine in NSW from commissioning to commercial production, targeting a gold concentrate grade of 30 grams per tonne from historic tailings with minimal capital expenditure.

Bayan Mining has pinpointed two high-priority exploration targets at its 100% owned Bayan Springs North Project in Nevada, leveraging newly interpreted USGS airborne magnetic and radiometric data. Both targets display promising geophysical and geochemical signatures reminiscent of the adjacent Maverick Springs mineral system.

GoldArc Resources has wrapped up its biggest ever drilling effort at Leonora South, completing 15,260m across multiple programs including partner-funded development drilling. Assay results expected by late May will be pivotal for advancing resource definition and new discoveries.

DeSoto Resources significantly increased its exploration ground in Guinea's Siguiri Basin, adding 532km2 and identifying a 9km-long artisanal gold zone with assays up to 15.2g/t Au. The company maintains a robust cash position of A$11 million to support accelerated exploration.

Rox Resources reports strong underground progress and high-grade gold intercepts at Youanmi, reinforcing confidence in hitting production targets on schedule.

Ora Banda Mining’s latest drilling at Golden Pole within the Waihi Project has delivered multiple thick, high-grade gold intersections, validating the lode’s underground mining prospects and setting the stage for its debut in the upcoming June resource and reserve estimates.

Magnetic Resource NL has submitted an updated Mining Proposal for its Lady Julie Gold Project, incorporating a revised tailings strategy and enhanced technical studies, as it continues to engage with regulators ahead of development.

Xpedra Resources has reported promising initial assay results from its maiden drilling at the Springfield Gold Deposit, revealing significant shallow gold mineralisation and setting the stage for further exploration.

Rua Gold has lodged a Fast-Track Referral application for its Auld Creek gold and antimony project in New Zealand's Reefton Goldfield, aiming to speed up permitting and development under new government legislation.

Rio Tinto (ASX: RIO) has updated details on its fully franked 2025 final dividend, confirming the dividend reinvestment plan (DRP) price and share allocation date. The USD 2.54 per share dividend is payable in multiple currencies with no discount applied to DRP shares.

Yancoal’s March quarter report reveals stable coal output amid rising diesel prices pushing operating costs higher, alongside progress on its $2.6 billion Kestrel Coal Mine acquisition. The company’s safety performance improved and market coal prices gained momentum, with realized price benefits expected from Q2.