Latest Mining News

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme deal, offering Aurumin shareholders a premium and securing $50 million in fresh capital to fast-track development of the Sandstone gold district in Western Australia.

Brightstar Resources has agreed to acquire Aurumin Limited in a $60 million scheme, raising $50 million to accelerate development of the Sandstone gold district in Western Australia. The merger creates a combined entity with nearly 4 million ounces of gold resources and a strong cash position.

Larvotto Resources has successfully raised US$105 million through a senior secured bond to fund the restart of its Hillgrove Gold-Antimony Project in New South Wales, targeting mining operations by mid-2026.

Manhattan Corporation has secured regulatory approvals to begin field activities at its Hook Lake Project in Nunavut, Canada, targeting a historic high-grade gold deposit and polymetallic prospects. Initial work aims to validate past data and prepare for a maiden drilling campaign.

Horizon Gold Limited has reinforced the potential of its Gum Creek Gold Project, boasting a 2.14 million ounce resource and progressing steadily towards a feasibility study completion in early 2026.

Horizon Gold Limited has announced a $7 million non-renounceable entitlement offer alongside a $5 million placement to fund its Gum Creek Gold Project and repay debt. The offer opens on 29 July and closes on 12 August 2025.

Cazaly Resources confirms robust gold mineralisation at Duke of York and discovers a promising new target, Duchess, at its Goongarrie Gold Project. Early drilling results and reprocessed geophysics set the stage for expanded exploration.

Horizon Gold Limited has raised $12 million through a placement and entitlement offer to advance its Gum Creek Gold Project feasibility study and resource drilling, signaling strong investor confidence amid rising gold prices.

Blaze Minerals has completed its acquisition of an 80% interest in the Loulombo Base Metals Project in the Republic of the Congo and is advancing preparations for its maiden drilling campaign.

Beacon Minerals has announced a $12 million on-market share buy-back program aiming to enhance shareholder value and capital efficiency, with purchases starting August 1, 2025.

Antares Metals has validated new copper mineralisation zones at its Surprise Copper Project through Phase 2 drilling assays, setting the stage for an expanded Phase 3 program. The discovery of extensional targets and a separate mineralised zone at Marvel highlights growing potential in the Mt Isa North Project.

Renegade Exploration Limited has announced a $2.29 million placement to fund exploration across its Yukon, Nevada, and Cloncurry projects, alongside partial loan repayment and operational costs.