Latest Mining News

Rox Resources has successfully completed the first tranche of a $200 million capital raise, issuing 188.7 million shares at 35 cents each. The second tranche, worth $134 million, awaits shareholder approval in December.

Northern Minerals has applied to defer its 2025 AGM as it awaits regulatory review over potential foreign investment breaches, underscoring heightened scrutiny on shareholder compliance.

Mt Malcolm Mine NL has supplemented its October Rights Issue with a $750,000 Placement Offer, updating its capital structure and funding plans to accelerate exploration and repay director loans.

Aurumin Limited’s acquisition by Brightstar Resources has been legally approved, triggering a share exchange and imminent delisting from the ASX.

Genesis Minerals has secured crucial rail agreements that clear the path for developing the Tower Hill open pit gold mine and expanding the Leonora mill, targeting first ore in FY28.

Cobalt Blue Holdings has significantly upgraded the economics of its Kwinana Cobalt Refinery project, driven by a sharp rebound in cobalt prices following market disruptions in the Democratic Republic of Congo. The company is advancing towards a Final Investment Decision with key permits and supply agreements in place.

Elevra Lithium reports a 31% surge in spodumene concentrate production for FY25, alongside significant resource expansions and a clear growth roadmap post-merger.

Ragusa Minerals is advancing its acquisition of a majority stake in Pegasus Tel Inc., gaining control of the Purple Pansy manganese-gold project in Arizona, while exiting its Burracoppin tenement to sharpen its focus on US critical minerals.

Anson Resources has raised A$14 million through a well-supported placement to advance its lithium and uranium projects in Utah, signaling strong investor confidence in its development strategy.

Lodestar Minerals has responded to ASX queries clarifying the timing and disclosure of key assay results from its Ned’s Creek gold project and detailed the procedural steps behind its Arizona Mountain Pass rare earths acquisition.

Mt Malcolm Mines has successfully closed an oversubscribed $2.3 million rights issue and secured an additional $750,000 placement, positioning the company to fast-track exploration and development at its Malcolm Gold Project.

Black Bear Minerals has completed the acquisition of the high-grade Shafter Silver Project in Texas, including $150 million in existing infrastructure, positioning itself strategically amid rising silver demand and geopolitical supply shifts.