Latest Mining News

Magnum Mining & Exploration has partnered with Homerun Resources to explore innovative, environmentally friendly rare earth element separation technology using ultra-pure silica sand and graphite. This collaboration could reshape processing methods for Magnum’s Brazilian REE projects.

Thunderbird Resources reports promising due diligence results on the Springfield Gold Deposit in NSW, revealing a potentially extensive gold system with strong exploration prospects. Systematic soil sampling and drilling programs are set to begin soon, pending shareholder approval.

Loyal Metals has intersected an extensive 132.5-meter zone of massive sulphides in its first drill hole at the Highway Reward Copper-Gold Mine, marking a significant milestone in exploration after two decades. This discovery highlights promising copper-gold mineralisation close to the open pit, with follow-up drilling underway.

Advance Metals has intersected visible gold at a record depth of 465 metres at its Happy Valley deposit, suggesting a high-grade gold system extending over 500 metres vertically and open in all directions. Assay results are pending, with further drilling fully funded by a recent $13 million capital raise.

Ragusa Minerals has agreed to acquire a controlling stake in Pegasus Tel Inc., gaining access to the Purple Pansy manganese-gold project in Arizona, a critical asset aligned with US strategic mineral priorities.

Novo Resources reported a narrowed Q3 2025 net loss amid active exploration in Western Australia and New South Wales, boosted by a significant share sale that enhanced liquidity.

Novo Resources Corp. reported a reduced net loss of CAD 9.7 million for the nine months to September 2025, supported by lower operating cash outflows and a significant post-period sale of San Cristobel Mining shares. The company maintains a cautious outlook amid ongoing funding needs.

Voltaic Strategic Resources has identified new gold mineralised corridors at Meekatharra and confirmed rare earth potential at Paddys Well, while maintaining a robust cash position of A$7.9 million.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Canada and completed maiden drilling at its Amoco Gold-Antimony Project in Australia, while also acquiring a large gold-antimony portfolio in New Zealand. The company raised $1.8 million to fund exploration and appointed Tim Wither as Managing Director.

Lynas Rare Earths is set to boost its Heavy Rare Earths production with a new separation plant in Malaysia, aiming to meet rising global demand outside China. The A$180 million project will leverage Lynas’ Mt Weld deposit and local resources to supply critical materials for advanced manufacturing.

Miramar Resources advances its exploration portfolio with a new joint venture with Sumitomo Metal Mining and promising drilling results at key projects in Western Australia.

Black Cat Syndicate Limited reported a record gold production quarter, boosting its cash, bullion, and investments to $90 million, while unveiling promising new high-grade discoveries and strategic board changes.