Latest Mining News

Lithium Energy has acquired the Mt Dromedary Graphite Project, merging it with its Burke deposit to form a world-class high-grade graphite inventory, setting the stage for a vertically integrated battery anode material business in Queensland.

Nimy Resources has initiated a $2.5 million Share Purchase Plan offering eligible shareholders shares at a 15.28% discount, aiming to fund key resource projects and working capital.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, validating historical data and supporting a resource upgrade. Phase 2 drilling is underway to expand high-grade zones along a largely untested 20km trend.

Medallion Metals has successfully completed the public comment phase under the EPBC Act for its Ravensthorpe Gold Project, advancing a critical regulatory milestone with no objections received. The company aims to submit final documentation in October and expects a decision before year-end, paving the way for its sulphide development strategy.

Western Yilgarn Limited has announced the discovery of significant surface cobalt-copper-nickel-lead-manganese mineralisation at its Ida Holmes Junction Project in Western Australia, with rock chip samples returning high-grade cobalt assays up to 1.68%.

Great Boulder Resources has raised $5 million through a strategic placement led by Tribeca Investment Partners, positioning the company to accelerate exploration and target a one million ounce gold resource at its Side Well project.

Hot Chili Limited has initiated a second phase of diamond drilling at its La Verde copper-gold porphyry discovery in Chile, aiming to significantly enlarge the known mineralised footprint. This follows a successful initial drilling campaign that confirmed substantial copper mineralisation open at depth and laterally.

S2 Resources is set to begin diamond drilling within weeks at its Warraweena project in northern New South Wales, following promising historical drill results and an ongoing gravity survey extension. The project targets multiple mineralisation styles, including gold, copper, nickel, and base metals.

Savannah Goldfields has secured crucial environmental approvals to restart gold production at its Georgetown Gold Project, with mining at Big Reef set to begin in October 2025. The company also received approval for a tailings storage facility expansion to support future processing.

PMET Resources has successfully produced marketable tantalite concentrate from waste streams at its Shaakichiuwaanaan lithium project, signaling a promising new by-product revenue stream alongside lithium.

ENRG Elements Limited has announced a renounceable entitlement offer to raise approximately A$1.63 million through the issue of new shares and attaching options, partially underwritten by Mahe Capital Pty Limited. The capital raise aims to fund exploration and corporate activities amid ongoing geopolitical and market risks.

AuKing Mining’s latest airborne survey at its Myoff Creek project in British Columbia reveals promising extensions of niobium and rare earth mineralisation, setting the stage for expanded exploration.