Latest Mining News

Podium Minerals has unveiled a breakthrough concentrator flowsheet for its Parks Reef Project, achieving approximately 80% recovery of platinum, palladium, and gold from bulk sulphide ore. This innovation promises to unlock multiple commercial pathways and de-risk project development amid tightening global PGM markets.

Podium Minerals has launched a A$12 million capital raising to accelerate development at its Parks Reef platinum group metals project, following a key metallurgical breakthrough and resource upgrades.

Axel REE Limited has announced a significant inferred rare earth mineral resource of 233 million tonnes at its Caladão Project in Brazil, highlighting strong metallurgical recovery prospects that could substantially increase resource size.

G11 Resources Limited has revised the timetable for its planned 10-for-1 security consolidation, affecting ordinary shares and multiple option classes with adjusted exercise prices and quantities.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Kingsgate Consolidated has secured a six-week extension on the arbitral award deadline under the Thailand-Australia Free Trade Agreement, following political changes in Thailand including a new Prime Minister appointment.

Kingsland Minerals has raised $1.6 million through a share placement, with major shareholders increasing stakes, and appointed a new chairman as it prepares to start a pre-feasibility study at its Leliyn Graphite Project.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

Nelson Resources has confirmed it is in confidential negotiations for a Right to Mine contract, explaining recent unusual trading activity in its shares. The company maintains compliance with ASX disclosure rules while awaiting contract finalisation.

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

Redstone Resources has secured $650,000 through a strongly supported placement to fund further exploration at its West Musgrave Copper Project, following encouraging copper and cobalt assay results from recent deep drilling.

Victory Metals has taken a significant step forward by signing a non-binding Letter of Intent with Sumitomo Corporation to supply heavy rare earths from its North Stanmore project, marking a deepening of their strategic partnership.