Latest Mining News

Magmatic Resources has responded to ASX queries over a recent spike in its share price and trading volume, confirming no undisclosed information exists. The company points to pending assay results from its Weebo Gold Project drilling as the likely catalyst for market interest.

Taiton Resources has completed a significant share placement, issuing over 13 million new shares to sophisticated investors and granting employee options, aiming to advance its promising South Australian exploration projects.

Snow Lake Resources is set to acquire Global Uranium, creating a leading U.S.-focused uranium developer with a diversified portfolio and enhanced market presence. The merger promises scale, strategic synergies, and exposure to critical nuclear fuel cycle technologies amid supportive U.S. policies.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.

Renegade Exploration Limited has had its trading suspension lifted following an announcement on the status of its recently lodged mining claims, signaling renewed market activity.

Renegade Exploration Limited has encountered competing mining claims over its recently staked ground in California’s Mountain Pass, prompting investigations into claim validity and potential legal action.

Juno Minerals has completed the sale of its Mount Mason DSO Hematite Project to Gold Valley Yilgarn for A$6 million cash plus a 2% royalty, with production set to start mid-2026. The deal strengthens Juno’s cash position while allowing focus on its flagship Mount Ida Magnetite Project.

Caspin Resources has successfully completed the initial $2.5 million tranche of its $4.6 million capital raising, issuing over 33 million shares to investors. The company now awaits shareholder approval to complete the remaining funding at its upcoming AGM.

Patronus Resources has completed a major surface sampling program at its Pine Creek Project, revealing extensive gold anomalies including a standout 7km by 1.5km target. These findings set the stage for focused drilling campaigns in 2026.

Emu NL has lifted its trading suspension following the appointment of a new director, meeting regulatory requirements and restoring market confidence.

European Lithium Limited is set to expire over 211 million options next month but offers a new replacement options plan with director underwriting, extending exercise rights into 2026.

Sheffield Resources has reported a record quarter at its Thunderbird Mineral Sands Mine, with significant increases in ore mined and concentrate production, signaling a strong operational turnaround.