Latest Mining News

North Stawell Minerals’ latest surface geochemistry results at Caledonia reveal a coherent gold anomaly aligned with the Darlington-Caledonia trend, boosting confidence in high-grade mineralisation potential beneath shallow cover.

Minbos Resources has appointed Rob Newbold as Acting CEO following the resignation of Lindsay Reed, while grappling with administrative and shareholder challenges delaying its key phosphate project in Angola.

Rox Resources has appointed MACA Interquip Mintrex as the preferred EPC contractor for its Youanmi Processing Plant, marking a key milestone as the project advances towards production. Early engineering and procurement works are underway, with construction set to begin following a Final Investment Decision expected in late Q1 2026.

Auravelle Metals has completed a key heritage survey at its Crown Gold Project in Western Australia, setting the stage for targeted soil sampling and follow-up aircore drilling to refine gold exploration targets.

Hot Chili Limited has successfully closed a A$40 million private placement, bolstering funding to accelerate development of its Costa Fuego copper-gold project in Chile. Major shareholders and institutional investors backed the oversubscribed raise, positioning the company for near-term production milestones.

Kalgoorlie Gold Mining’s recent diamond drilling at Kirgella Gift and Providence deposits reveals thick gold mineralisation extending well below previous resource estimates, signalling promising vertical growth potential.

Accelerate Resources has revealed a new northwest-trending gold structure at its Balagundi Project, expanding the known mineralised footprint with encouraging aircore drilling results. Follow-up drilling is set to test the extent and continuity of this discovery.

SQX Resources has more than doubled its ground position at the Williams Gold-Silver Project in Montana, securing extensive strike extensions of historically high-grade veins. This expansion sets the stage for a major exploration push in 2026.

Verity Resources Limited has announced a pro-rata entitlement issue to raise up to $2.05 million, partially underwritten by entities linked to its directors. The capital raise aims to fund exploration and technical studies across its key projects, including the Monument Gold Project.

Bannerman Energy has secured a landmark $321.5 million strategic investment from CNNC Overseas Limited to jointly develop the Etango Uranium Project in Namibia, enabling debt-free construction and a market-priced offtake agreement with a Tier-1 nuclear utility.

MetalsGrove Mining has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed material information exists and providing an update on its ongoing gold exploration in Côte d’Ivoire.

Northern Star Resources has reported a robust half-year result with a 41% jump in net profit, driven by soaring gold prices despite operational setbacks. The company also announced a fully franked interim dividend of 25 cents per share.