Latest Mining News

Arafura Rare Earths has completed the second tranche of its A$80 million capital raising, issuing over 51 million shares and raising approximately A$9.8 million. The company is also progressing a share purchase plan aimed at raising an additional A$5 million.

Magnum Mining & Exploration reports exceptional rare earth element recoveries from early leach tests at its Palmares REE Project in Brazil, highlighting strong potential for high-value magnet materials and a tier-one discovery.

NexGen Energy has launched a dual equity offering, raising approximately C$400 million in North America and AUD 400 million in Australia to advance its flagship Rook I uranium project and support corporate growth.

Octava Minerals reports impressive bioleaching recoveries of critical minerals from its Byro project, prompting plans to acquire full ownership and expand exploration activities.

American Uranium Limited confirms the start of phase one resource drilling at its Lo Herma uranium project in the U.S. this October, aiming to grow its mineral resource and support a 2026 scoping study update.

QMines Limited has announced a fully underwritten $1.5 million Share Purchase Plan for existing shareholders, complementing a recent $7.5 million placement to fund exploration at its Mt Mackenzie gold and silver project.

Orion Minerals Ltd has been reinstated to ASX quotation following the release of its 2025 annual report and a new capital raising announcement, ending its trading suspension.

Orion Minerals has expanded its capital raising from $5 million to $7.7 million, reflecting robust demand from sophisticated investors. The company plans to issue approximately 515 million shares at 1.5 cents each.

Cobalt Blue Holdings has fully repaid its $1 million promissory note to American Rare Earths, unencumbering its flagship Broken Hill Cobalt Project amid a strengthening cobalt market.

James Bay Minerals has entered a binding agreement to acquire the high-grade Shafter Silver Project in Texas, featuring substantial existing infrastructure and a rich production history. The acquisition is backed by a $30 million capital raise and signals a strategic expansion into a premier US mining jurisdiction.

Global Uranium and Enrichment Limited reports promising drilling outcomes and regulatory progress at its Pine Ridge Uranium Project in Wyoming, reinforcing its potential amid a strengthening uranium market.

Pantera Lithium has completed the $40 million sale of its Smackover Project to EnergyX, gaining immediate cash and significant equity exposure while setting sights on expanding its U.S. critical minerals portfolio.