Latest Mining News

Aeris Resources has released its comprehensive 2024 Mineral Resource and Ore Reserve Statement, detailing strategic changes and growth plans across its Tritton, Cracow, Jaguar, North Queensland, and Stockman assets.

Nexus Minerals’ recent RC drilling at the Payns Prospect within the Wallbrook Gold Project confirms extensive gold mineralisation with impressive high-grade intercepts, reinforcing the prospect’s potential to expand the project’s resource base.

Kula Gold reports exceptional high-grade gold intercepts up to 83.6g/t from recent drilling at its Mt Palmer project, reinforcing the asset’s promising development potential.

Perseus Mining reports robust drilling results at its Nyanzaga Gold Project in Tanzania, highlighting significant high-grade gold intercepts and potential for mine life extension beyond the initial 11-year plan.

Genmin Limited has raised an additional A$1 million in unsecured loans from key board members to support working capital for its flagship Baniaka iron ore project in Gabon.

Dreadnought Resources has identified a large, open gold-in-soil anomaly at Steve’s Reward within its 100% owned Mangaroon Gold Project in Western Australia, with drilling underway and assay results expected soon.

Elevate Uranium Ltd has made significant strides in its uranium exploration and development efforts, with its U-pgrade pilot plant nearing shipment and promising drilling results expanding mineralisation at key Namibian projects.

Sheffield Resources reported record quarterly production and positive operating cashflow at its Thunderbird Mine, while progressing its South Atlantic Project in Brazil with a maiden resource estimate and key approvals.

West Coast Silver has revealed impressive silver assay results up to 490 g/t from recent sampling at its Elizabeth Hill project, suggesting expanded mineralisation beyond the historic mine. Follow-up exploration activities are underway to define new targets.

Challenger Gold Limited’s major shareholder, the Elsztain Group, has increased its commitment in the company’s institutional placement, raising the total capital raise to $37.5 million. This move signals strong insider confidence ahead of a shareholder vote.

DY6 Metals has significantly expanded its rutile and heavy mineral sands footprint in Cameroon while uncovering high-grade gallium mineralisation in Malawi, backed by a fresh A$4.625 million capital raise.

Argosy Minerals Limited has launched a $2 million placement accompanied by an offer of up to 40 million options, aiming to bolster development and feasibility efforts at its Rincon Lithium Project in the USA.