Latest Mining News

African Gold Limited has entered into a binding agreement for acquisition by Montage Gold Corp. in an all-scrip deal valuing African Gold at a significant premium. The transaction aims to combine key Côte d’Ivoire gold assets under one larger entity.

Ausgold Limited’s latest drilling results from the Katanning Gold Project reveal high-grade gold mineralisation beyond current resources, underscoring significant growth potential. The ongoing 44,000m drilling campaign is validating and expanding the project’s resource base in Western Australia.

Minerals 260 Limited has doubled the Mineral Resource Estimate for its Bullabulling Gold Project to 4.5 million ounces, positioning it among Australia’s top gold assets. The update follows extensive 2025 drilling and sets the stage for a Pre-Feasibility Study targeting production by late 2028.

Thunderbird Resources has appointed Scott Funston as a Non-Executive Director, bringing over two decades of mining and financial expertise, while Robin Wilson steps down but remains a consultant.

Magnum Mining & Exploration has launched a two-rig drilling campaign at its high-grade Feirinha Rare Earth Element Prospect in Brazil, aiming to unlock a potentially low-cost REE discovery. Initial metallurgical tests suggest promising recoverability of these critical minerals.

Evion Group has landed a significant A$1.5 million order to supply expandable graphite to a major US graphite supply chain company, reinforcing its position as a trusted non-Chinese supplier amid growing demand.

GreenTech Metals has agreed to acquire a majority interest in the Munni Munni Platinum Group Elements-Copper-Nickel project in Western Australia, consolidating a large tenure package and positioning itself for a resource upgrade and exploration program.

Nelson Resources secures regulatory approval for a major 11,544m drilling program at its Yarri Gold Project, with MEGA Resources backing the $10 million funding and operational management.

Zenith Minerals’ initial drilling at Dulcie North confirms the continuity and scale of a shear-hosted gold system, aligning closely with its Exploration Target and setting the stage for a maiden JORC resource estimate.

Cauldron Energy has reported further high-grade uranium mineralisation at its Manyingee North prospect, extending the known resource and highlighting the Yanrey Project's growing significance in Australia's uranium landscape.

Venus Metals has flagged potential regulatory concerns after QGold purchased shares above its stated takeover offer price, prompting calls for market clarity ahead of a formal shareholder response.

Manuka Resources has signed a term sheet for a US$22.5 million loan facility to fund the restart of silver and gold production at its Wonawinta Silver Mine, targeting first production in Q2 2026. This financing complements a recent capital raise and aims to strengthen the company’s balance sheet ahead of production.