Latest Mining News

AuKing Mining has agreed to acquire 100% of Orion Resources, gaining full ownership of the Cloncurry Gold Project, a move that positions the company for near-term production and significant exploration upside.

Metal Hawk Limited’s maiden drilling campaign at Leinster South reveals multiple high-grade gold zones, prompting plans for diamond drilling and advanced geophysical surveys to explore deeper mineralisation.

Encounter Resources’ recent airborne electromagnetic survey has pinpointed promising new drill targets at its Aileron Project, including high-grade niobium-rare earth zones and a key copper-gold prospect slated for drilling in October 2025.

Somerset Minerals reports extensive visible copper mineralisation in two new drill holes at its Coppermine Project, extending known zones below previous intercepts and hinting at a larger system at depth. Assay results are expected soon, with geophysical surveys underway to guide further exploration.

Brockman Mining reported a HK$34.6 million loss for FY2025 driven by exploration costs, while progressing key studies and approvals for its flagship Marillana iron ore project in Western Australia. The Group faces liquidity pressures but has secured shareholder loans to support ongoing development.

DY6 Metals has completed a $245,000 placement to directors, with key insiders further demonstrating confidence through on-market share purchases and option exercises totaling over $115,000.

Gold Road Resources has announced a special fully franked dividend of AUD 0.43694 per share, contingent on the approval of its acquisition by Gold Fields Ltd. Key shareholder and court approvals are expected later this month.

Adavale Resources has updated its prospectus to reflect a $3.1 million capital raise through share placements and director participation, reinforcing its funding position amid ongoing exploration efforts.

Tambourah Metals has announced the immediate departure of CEO and exploration manager Terry Topping, while reaffirming its strong funding position to continue advancing its gold and critical minerals projects.

Aspermont Limited has raised an additional $891,210 through its Share Purchase Plan, complementing a recent $1.75 million institutional placement. This capital injection supports the company’s strategic pivot towards data-driven mining intelligence and AI-powered services.

Tolu Minerals has completed a groundbreaking airborne LiDAR survey over its Tolukuma prospects, delivering ultra-precise topographic data to guide targeted drilling and infrastructure planning.

Tolu Minerals’ recent airborne magneto-telluric survey has identified a large, deep porphyry system at Mt. Olom, Papua New Guinea, supported by significant historical copper, molybdenum, gold, and silver mineralisation. The company plans systematic follow-up including drilling to unlock this promising copper-gold opportunity.