Latest Mining News

Castle Minerals has advanced its West African gold exploration with extensive soil sampling and auger drilling, while strengthening its board and maintaining a solid cash position of approximately A$3 million.

Australian Silica Quartz Group advances metallurgical and high purity quartz projects with promising assay results, while progressing gold exploration at Koolyanobbing. The company strengthens its balance sheet following a rural property sale.

Miramar Resources has kicked off a significant reverse circulation drilling campaign at its Gidji JV Gold Project, targeting promising bedrock gold deposits near Kalgoorlie. The program aims to follow up on earlier discoveries of supergene gold anomalies with deeper exploration.

Berkeley Energia reports promising metallurgical results from its Conchas critical minerals project in Spain while pursuing a US$1 billion arbitration over permitting delays at its Salamanca uranium project.

Perseus Mining reported a mixed December quarter with stable overall production guidance but rising costs and strong cash reserves, while advancing key projects in West Africa and Tanzania.

Metallium Limited has kicked off commissioning at its Texas Technology Campus, sealed a multi-year feedstock deal with Glencore, and bolstered its balance sheet with a A$75 million capital raise, setting the stage for commercialisation in 2026.

Sheffield Resources reported a 7% decline in ore mined and a 15% drop in concentrate production for the December quarter, while maintaining strong zircon concentrate shipments despite challenging market conditions. The company is advancing loan restructuring efforts and preparing for steady production in early 2026.

Aurum Resources has reported significant resource growth and strong drilling results at its Boundiali and Napié gold projects in Côte d’Ivoire, supported by a robust $40 million cash position.

Perseus Mining reported steady gold production in Q2 FY26 with 88,888 ounces at a higher cost, maintaining a robust cash and bullion balance of US$755 million. The company’s development projects remain on track despite increased royalties and a rejected acquisition bid.

Yandal Resources has made significant progress at its Arrakis gold discovery, confirming a large, high-grade mineralised system while securing a strong cash position to fuel accelerated exploration in 2026.

IGO Limited reports a robust quarter with improved safety, higher spodumene production and prices at Greenbushes, successful commissioning of CGP3, and solid performance at Nova. Despite challenges at Kwinana refinery, the group’s underlying EBITDA and cash flow strengthened.

Ora Banda Mining Ltd has reported a record quarterly gold production of 32,036 ounces, alongside significant exploration successes and a $63 million investment in growth projects, while revising its FY26 cost guidance upward due to increased third-party milling expenses.