Latest Mining News

Mindax Limited has raised $1.6 million through a discounted share placement to fund development and exploration activities at its Mt Forrest Iron Project and gold assets.

G50 Corp has confirmed a significant new precious metals discovery at its Golconda Project in Arizona, revealing extensive gold, silver, and zinc mineralization from its latest drilling program. The results also highlight notable gallium mineralization, underscoring the project's strategic value.

Victory Metals has significantly enhanced its North Stanmore resource with Gallium inclusion and secured major financing commitments exceeding US$200 million, positioning itself as a strategic supplier amid global rare earths tensions.

Australian Rare Earths Limited (ASX, AR3) has acquired exploration license EL6895, adding 972 km² to its Overland Uranium Project and uncovering significant near-surface uranium potential from historic data. Drilling is set to resume in July 2025 to test this promising new target alongside existing deeper uranium prospects.

Osmond Resources has significantly expanded its Orion EU Critical Minerals Project by 160%, with promising assay results and a planned drilling program to confirm mineral continuity. The company is positioning itself to benefit from strong EU demand for rare earths, titanium, and silicon metals.

Pacgold has identified a compelling IP chargeability anomaly coincident with a magnetic bullseye at its White Lion Prospect, echoing signatures seen at the Mt Leyshon gold deposit. Drilling is planned for Q4 2025 following heritage clearances.

American West Metals reports promising visual copper mineralisation from deep drilling and identifies multiple new targets via advanced geophysics at its Storm Copper Project in Nunavut, Canada.

Kinterra Infrastructure has increased its takeover offer for New World Resources shares to A$0.063, with a potential rise to A$0.064 if it secures over 30% ownership. This move intensifies the takeover battle against rival CAML, promising quicker payments and stronger funding assurances.

Caravel Minerals has initiated the engineering tendering process for its Caravel Copper Project, aiming to award contracts from August 2025. This follows a simplified plant design and a $15 million loan facility, positioning the project for streamlined development.

Ragnar Metals has significantly expanded its exploration footprint in Southern Sweden, revealing promising Iron Oxide Copper Gold (IOCG)-style mineralisation through initial sampling at multiple prospects.

OD6 Metals has resolved a regulatory investigation with a minor penalty, paving the way for renewed exploration at its Gulf Creek Copper Project. The company is set to advance drilling campaigns targeting high-grade copper, zinc, and silver mineralisation.

Tesoro Gold reveals a large new gold mineralised zone at its El Zorro Project in Chile, with surface sampling returning high-grade assays up to 22.10 g/t Au. The discovery sets the stage for upcoming drilling campaigns.