Latest Mining News

Great Divide Mining and Dart Mining have reported the highest gold grades ever recorded at the Banshee Antimony Mine within the Coonambula Project, highlighting a promising mineralised system in Central Queensland.

Zenith Minerals has confirmed the lateral and depth expansion of its Red Mountain gold system in Queensland, with strong results from recent reverse circulation drilling and the commencement of diamond drilling to target high-grade zones.

Moho Resources has completed its maiden drilling at the Bush Chook Project’s Swan Prospect, identifying promising alteration minerals linked to gold, while acquiring 15 new prospecting licences that add six drill-ready targets.

Boab Metals has successfully raised A$60 million through a two-tranche placement and launched a Share Purchase Plan to complete funding for its Sorby Hills Lead-Silver Project in Western Australia.

Pure Resources Limited has raised $1.7 million through a share placement and option issuance to advance its Garnet Hills graphite project, highlighting promising jumbo flake graphite findings.

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Galan Lithium advances its Hombre Muerto West project with key infrastructure in transit and construction progressing ahead of schedule, targeting lithium chloride production in the first half of 2026.

Western Yilgarn NL has secured critical access rights for its Cardea 2 Bauxite Project, enabling immediate fieldwork, while simultaneously initiating ground exploration at the Ida Holmes Junction Project targeting key critical minerals.

Dart Mining has reported its highest gold assay results to date from the Banshee antimony-gold mine in Queensland, revealing promising mineralisation that could signal a significant gold-rich system. The ongoing drilling program and forthcoming assays are set to further define the project's potential.

Ballymore Resources has reported compelling high-grade silver-lead-zinc-indium mineralisation from recent drilling at its Torpy’s and Little Torpy’s prospects in north Queensland, highlighting the potential for a significant shallow polymetallic deposit.

Medallion Metals has raised $60 million through a placement and share purchase plan to advance its integrated gold-copper development strategy, targeting first production in early 2027.

The ASX has suspended trading of Olympio Metals and Thorney Technologies shares due to delayed periodic report filings, highlighting ongoing compliance challenges for both companies.