Latest Mining News

Empire Resources has completed the second tranche of its share placement, raising nearly A$2 million following shareholder approval. This capital boost supports the company’s ongoing exploration ambitions in Western Australia’s gold and copper sectors.

Temas Resources Corp has opted to reduce its financial reporting frequency, moving from quarterly to semi-annual reports under a Canadian Securities Exchange pilot program. This change aligns with its status as a venture issuer and reflects its ongoing focus on proprietary processing technology and mineral projects.

Iluka Resources has set the allocation price for shares issued under its 2025 final dividend DRP at $6.3449, resulting in the issuance of over 41,000 new shares to participating shareholders.

Cobre Limited has completed a $60 million capital raise to acquire majority ownership of the Sierra Atacama Copper Mine in Chile, marking its transition from explorer to producer. Meanwhile, substantial shareholder Sinomine has increased its investment in Cobre’s Botswana copper project.

Sierra Nevada Gold has established a wholly owned Saudi subsidiary, Arabian American Minerals LLC, to spearhead exploration at the As Safra copper-gold project, aligning with Saudi Arabia’s Vision 2030 and preparing for imminent drilling.

Lode Resources has identified a new high-grade silver and antimony prospect, Blocks East, within its Greater Montezuma Project in Tasmania, expanding its strategic foothold in a prolific mining region.

Aeris Resources has expanded its Golden Plateau drilling program to 14,000 metres following a series of strong high-grade gold intersections, reinforcing the deposit’s potential as a key ore source for its Cracow operation.

Variscan Mines announces the resignation of CEO Stewart Dickson and the appointment of Tom Kent as executive director, signaling a strategic shift following the San Jose Mine Restart Study.

QX Resources has obtained the last two exploration licences for its Madaba Uranium Project in Tanzania, paving the way for a high-resolution survey and maiden drilling program. The company is well-funded and advancing environmental assessments to meet regulatory requirements.

American Tungsten & Antimony Ltd has begun a low-cost refurbishment of its Dutch Mountain tungsten mill in Utah, aiming to restart production swiftly and ease regional processing bottlenecks.

Aldoro Resources has reported a significant 50% increase in rare earth and strontium grades across a 525-meter continuous mineralised interval at its Kameelburg deposit in Namibia, reinforcing the project's scale and potential.

Caspin Resources accelerates exploration at its Bygoo Tin Project with promising new targets identified through an innovative Induced Polarisation survey and expanding drilling programs.