Latest Mining News

Orpheus Uranium has secured a binding agreement to acquire seven exploration licences from Adavale Resources, significantly expanding its Marree Project landholding in South Australia’s Northern Flinders Ranges and advancing the project to advanced exploration status.

Anson Resources and POSCO Holdings have inked a binding agreement for POSCO to design and operate a $7.2 million Direct Lithium Extraction demonstration plant at the Green River Lithium Project in Utah, aiming to validate proprietary lithium extraction technology and strengthen U.S. battery supply chains.

West Cobar Metals (ASX: WC1) has struck a deal to acquire the Baxter Fluorspar Project in Nevada, a site with a rich history of premium acid-grade fluorspar production. Backed by a $1.05 million placement, the acquisition positions WC1 within a critical US supply chain for fluorspar, a mineral vital for semiconductor and defence industries.

Meteoric Resources has reported exceptional pilot plant performance at its Caldeira Rare Earth Project in Brazil, achieving magnet rare earth oxide recoveries of 80% in May and exceeding pre-feasibility study targets.

GoldArc Resources has delivered its widest and some of its highest-grade gold intercepts yet at Mt Stirling, advancing the project towards open-pit mine planning with over 60% of a partner-funded grade control drilling program completed.

Lion Rock Minerals has reported robust drilling results from its expansive Minta Project in Cameroon, reinforcing its ambition to become a major global producer of rutile and monazite. The company targets a maiden Mineral Resource Estimate later this year amid promising assay outcomes from key tenements.

Waratah Minerals reveals substantial high-grade gold extensions at its Spur Gold Project, with drilling extending mineralisation up to 160m and confirming a district-scale system.

Ore Resources’ Phase 4 diamond drilling at the Forrest prospect reveals significant strike and depth extensions, expanding the gold system to over 1km strike and 250m depth, with further growth potential identified by geophysical surveys.

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Critical Resources Limited’s initial sampling at the Croesus Project in New Zealand has verified a high-grade gold-antimony system with assays up to 13.3 g/t gold and 6,990 ppm antimony, underpinning its exploration model and setting the stage for follow-up work.

Piche Resources’ maiden RC drilling at Cerro Chacón reveals a widespread low-sulphidation epithermal gold-silver system, with assays confirming mineralisation over 10 km² at Toro Hosco and promising high-grade silver and gold intercepts.

Belararox has locked in a further A$2 million through a placement priced 25% above its current shares, boosting funds for copper exploration in Botswana and Argentina.