Latest Mining News

Encounter Resources has completed the first tranche of its $25 million share placement, raising approximately $24.5 million to advance its mineral exploration projects. The second tranche, involving shares to a company director, awaits shareholder approval.

Tungsten Mining’s latest Scoping Study confirms Mt Mulgine as a globally significant tungsten and molybdenum project, underpinning a preferred 6 Mtpa development with robust economics and a clear path to production.

CZR Resources has secured heritage clearance to begin a significant drilling campaign at its Croydon gold project in Western Australia’s Pilbara, aiming to expand known gold zones and test for new intrusive-related mineralisation near the Hemi deposit.

Mount Hope Mining has issued over six million shares via placement and is set to offer additional shares through a share purchase plan, signaling a strategic capital raise.

Elementos Limited reports significant tungsten grade and recovery improvements at its Cleveland Project in Tasmania, driven by successful XRT ore sorting tests amid soaring tungsten prices.

Orpheus Uranium has executed a Native Title Mining Agreement with the Adnyamathanha Traditional Lands Association, a crucial step toward advancing its Frome and Marree uranium projects in South Australia.

Pivotal Metals is ramping up exploration at its Belleterre projects in Quebec following a successful $5.4 million financing, targeting high-grade gold, copper, nickel, and PGM deposits with drilling planned for late 2025.

Toubani Resources confirms uninterrupted operations at its Kobada Gold Project in Mali despite local fuel and security concerns, while progressing key funding and permitting milestones.

Mineral Commodities Ltd has terminated its sale agreement with Norge Mineraler for the Skaland Graphite Project due to non-payment and is now negotiating a new deal with LNS Holding AS.

Manuka Resources is set to kick off a significant gold exploration drilling campaign in the Cobar Basin this December, targeting deep extensions at Mt Boppy and shallow deposits at Pipeline Ridge. The results, expected early next year, could reshape the company’s production outlook.

Great Southern Mining confirms significant shallow gold mineralisation over a 4.5-kilometre strike at its Amy Clarke prospect, with high-grade assays including 2m at 23.9 g/t Au. Follow-up drilling is planned for early 2026 to further delineate this promising discovery.

Yugo Metals has secured a $385,000 VAT refund from Bosnia-Herzegovina authorities, strengthening its financial position alongside a recent $3.5 million capital raise. This funding boost sets the stage for accelerated exploration at its promising gold targets.