Latest Mining News

Horizon Minerals has successfully raised A$175 million through a two-tranche institutional placement, complemented by a planned A$10 million share purchase plan, to fund the development of its Black Swan Processing Hub near Kalgoorlie.

Golden Dragon Mining has resumed drilling at its Coodardy gold target, aiming to extend a newly defined high-grade gold trend over a 700m strike in Western Australia’s Cue Gold Project. The program also initiates exploration at the promising Behring Bore target.

Catalina Resources is launching a focused 12-hole drilling campaign at its Breakaway Dam Copper Project, aiming to unlock thicker, higher-grade sulphide zones within a promising volcanogenic massive sulphide system.

Zenith Minerals has announced a maiden Inferred Mineral Resource of 675,000 ounces of gold across its Consolidated Dulcie Gold Project in Western Australia, more than doubling previous estimates and setting the stage for accelerated development.

Peninsula Energy confirms it remains on track to meet its 2026 uranium production targets despite temporary mechanical setbacks at its Wyoming processing plant, with promising early results from its key MU-4 wellfield.

Australian Vanadium Limited has broadened its Optimised Feasibility Study to include high purity vanadium products aimed at aerospace, defence, and advanced manufacturing sectors, aligning with evolving critical minerals demand without delaying project timelines.

Marimaca Copper has successfully raised C$409 million through a dual Canadian and Australian equity offering, positioning the company to advance its flagship Marimaca Project and exploration at Pampa Medina.

Magnum Mining has confirmed that its Piracanjuba Prospect hosts an Ionic Adsorption Clay rare earth element system, revealing high recoveries of strategic metals under mild leaching conditions. This discovery could pave the way for a large-scale, low-cost rare earth operation in Brazil’s Azimuth REE Project.

Viking Mines has revealed promising high-grade tungsten intercepts from digitised historical drilling at its Linka Project in Nevada, accelerating exploration plans amid a bullish tungsten market.

Dart Mining NL has reported record assay results for gold, silver, and antimony from its ongoing drilling at the Banshee prospect in Central Queensland, extending mineralisation and advancing towards a maiden resource estimate.

Osmond Resources has reported compelling high-grade assay results from its Orión EU Critical Minerals Project in Spain, confirming the potential for a large-scale deposit of titanium, zircon, and rare earth elements. These findings reinforce the project's strategic importance amid growing EU demand for critical minerals.

Whitehaven Coal reported a 28% revenue decline to $2.48 billion and a net profit of $69 million for H1 FY26 amid softer coal prices and reduced equity sales. The company declared a fully franked 4 cent interim dividend and outlined ongoing development projects despite market headwinds.