Latest Mining News

Austral Gold has released its production guidance for fiscal 2026, forecasting 26,000 to 30,000 gold-equivalent ounces from its Chilean and Argentine operations. The outlook reflects steady output at Guanaco and a restart at Casposo, with a notable toll-processing agreement shaping part of the year’s production.

Cokal Limited has clarified the recent spike in its share price and trading volume, attributing the market activity to a series of operational milestones and strategic partnerships rather than undisclosed information.

Antares Metals Limited has voluntarily suspended trading of its shares pending a significant announcement about a proposed acquisition and capital raising, expected by 8 December 2025.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.

Panther Metals has successfully closed a $502,000 entitlement offer, backed strongly by major shareholders and directors, to fund key exploration projects in Western Australia and the Northern Territory.

Pinnacle Minerals has launched its first modern exploration program at the Antimony Queen Project in Washington State, aiming to unlock the potential of a historic antimony-gold district within a critical US minerals corridor.

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

EQ Resources Limited has successfully raised $34 million through a share placement, aiming to accelerate development at its Carbine Vein project and strengthen its balance sheet amid robust tungsten market conditions.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Mithril Silver and Gold Limited has secured an option to acquire the La Dura gold-silver property adjacent to its flagship Copalquin project in Durango, Mexico, setting the stage for expanded exploration and resource growth.

AusQuest Limited has raised A$10 million through a share placement to expand drilling at its promising Cangallo copper-gold project in Peru, aiming to unlock higher-grade mineralisation.

OD6 Metals has initiated a Downhole Electromagnetic (DHEM) survey at its Gulf Creek Copper Project in NSW, aiming to identify extensions of high-grade copper mineralisation and guide efficient drilling in 2026.