Latest Mining News

BPM Minerals has resumed exploration at its Forelands Gold Project in WA, launching a 7,500m drilling campaign at Beachcomber and advancing Bonnie & Clyde towards maiden drilling. The project shows strong potential for a Tropicana-style gold discovery.

Pioneer Minerals reports a remarkable 17.6-fold upgrade in tungsten grade from historic tailings at its Springfield Tungsten Mine, advancing its North Pine Project in Idaho with promising metallurgical test results.

Pantoro Gold has reported a robust first half of FY2026 with record EBITDA and cash flow, while revising full-year production guidance due to weather and operational transitions. The appointment of Redpath as sole underground contractor signals a strategic move to streamline operations and support future growth.

Avenira Limited has obtained a $5 million unsecured loan to fund key mining projects and maintain working capital while awaiting a strategic investment approval.

Novo Resources Corp. has issued a prospectus offering free New Options to recent placement participants and joint lead managers, aiming to support its exploration projects in Western Australia and Victoria. The options, exercisable at A$0.15 and expiring in three years, could raise significant capital upon exercise, subject to shareholder approval.

OM Holdings has declared a special dividend following the sale of its 26% interest in Ntsimbintle Mining, signalling a strategic return of capital to shareholders.

Mineral Commodities Limited has completed the sale of its Skaland Graphite Project in Norway for USD 8.75 million as part of its voluntary administration process. The transaction marks a significant step in the company’s restructuring efforts.

Burgundy Diamond Mines’ Canadian subsidiary has expanded its tariff-related loan facility by C$60 million, reinforcing its financial resilience amid ongoing trade tensions.

Caprice Resources has raised $12.74 million in a strongly supported placement to accelerate exploration drilling across its Murchison Gold Projects, positioning the company for a busy period of assay results and new targets.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Polymetals Resources has begun mining high-grade silver ore at its Endeavor mine, revealing silver grades significantly above expectations and initiating a direct shipping ore trial to capitalise on newfound value.

Toubani Resources has given the green light to its Kobada Gold Project in Mali, marking a significant milestone with construction now underway and first gold production targeted for late 2027.