Latest Mining News

MRG Metals has verified substantial concentrations of valuable heavy minerals including monazite, rutile and zircon in alluvial deposits at its Adriano Rare Earth Project, with a total rare earth oxide content of 1.46%.

Hawk Resources has locked in $5.87 million through a placement and entitlement offer, backing its push into scandium exploration in Western Australia and copper drilling in the US.

Regener8 Resources has formalised its acquisition of the Srebrenica North polymetallic project in Bosnia and Herzegovina, setting the stage for a maiden exploration program targeting high-grade silver and base metals in a prolific European mining district.

Conico Ltd has applied for two extensive exploration licences in East Greenland targeting rare earth elements and gold-PGE mineralisation, significantly boosting its strategic landholding and critical minerals exposure.

Prospect Resources has kicked off an extensive Phase 3 drilling program at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its copper resources with a 26,000-metre campaign supported by geophysical surveys and metallurgical studies.

Paladin Energy Ltd (ASX:PDN) swung to a quarterly profit with US$8.4 million gross profit and bolstered its balance sheet through a A$400 million equity raise, positioning itself for expansion in uranium production and development.

Elevra Lithium has raised A$275 million through a fully underwritten institutional placement to fund its North American Lithium expansion and Moblan project development, supported by strong institutional demand.

Besra Gold has received conditional renewal terms for its critical Bau Gold Project mining lease, marking progress amid ongoing tenure uncertainties and financial commitments.

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.

Core Lithium has secured a $274 million contract with Develop Global to advance underground mining at the BP33 deposit, a cornerstone of its Finniss Lithium Operation, aiming for first ore by mid-2027 and full production in 2028.

Diamond drilling at Aldoro Resources’ Kameelburg project in Namibia confirms a significant niobium-rich zone extending to the northeastern edge of the carbonatite intrusion, refining the mineralised core’s limits ahead of a resource update.

Core Energy Minerals (ASX:CR3) has confirmed significant rare earth oxides with a high magnetic component in early sampling at its Campo Largo project, setting the stage for systematic drilling this quarter.