Latest Mining News

Audalia Resources has completed a $540,000 placement by issuing 20 million shares, aiming to advance mining design and permits at its Medcalf Project while exploring further funding options.

Gold Mountain Limited has completed the acquisition of Mars Mines’ 25% stake in its Brazil Joint Venture, gaining full ownership and strategic control. This move simplifies the corporate structure and positions the company to accelerate exploration and development in Brazil.

Lithium Universe Limited has completed the second tranche of its share placement, raising $40,000 and issuing over 56 million listed options, as it pushes forward with lithium refinery projects in Québec and Texas.

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Lithium Energy has completed Phase 1 drilling at its high-grade Burke and Mt Dromedary graphite deposits in Queensland, with Phase 2 drilling set to begin in January 2026. The company is also exploring a vertically integrated battery anode material business to capitalize on shifting global supply dynamics.

Global Uranium and Enrichment Limited (GUE) has registered its scheme booklet with ASIC, detailing the proposed acquisition by Snow Lake Resources Ltd. The independent expert report supports the fairness and reasonableness of the deal, with GUE directors unanimously recommending shareholder approval.

Atlantic Lithium has submitted a revised Mining Lease for its Ewoyaa Lithium Project to Ghana's Parliament, incorporating updated royalty rates aligned with new legislation. The lease awaits parliamentary ratification amid evolving fiscal terms.

Unico Silver Limited has more than doubled its Share Purchase Plan to $10.32 million amid overwhelming demand, contributing to a combined $50 million capital raise to advance its Joaquin and Cerro Leon silver projects.

Altamin Limited has completed a $1.003 million placement, bolstering its financial position to progress key projects in Italy amid ongoing permitting and partnership efforts.

Riedel Resources has successfully raised approximately $1.78 million through a pro rata entitlement offer and subsequent shortfall placement, positioning the company to advance its Kingman Gold Project.

Pacgold’s initial drilling at the St George Project in Queensland confirms multiple thick zones of high-grade antimony, revealing a province-scale opportunity spanning over 20km. With further assays pending, the project positions Pacgold strategically in a critical and constrained antimony market.

Silver Mines Limited reports promising results from a recent drilling program at its Tuena Project, revealing significant gold and base metal mineralisation along a key fault corridor in New South Wales.