Latest Mining News

Emerald Resources NL has posted a record after-tax profit of A$87.6 million for FY25, driven by robust gold prices and steady output at its Okvau Gold Mine. The company also reported significant resource expansions at its Memot and Dingo Range projects, while achieving a debt-free status.

Far East Gold Limited has identified new gold-bearing quartz vein zones at its North Bermol prospect, extending the mineralised corridor and boosting exploration potential within the Idenburg Project.

Fenix Resources reported a strong 22% revenue increase for FY25 but saw net profit tumble 84% amid heavy investment in production expansion. The company declared a fully franked dividend exceeding net profit, balancing shareholder returns with growth ambitions.

Black Canyon Limited reports some of its thickest and highest-grade manganese and iron assay results to date from the Wandanya Project, confirming significant shallow mineralisation over a 2km strike. Phase 3 drilling is underway to expand this promising discovery.

Sayona Mining reports a 124% surge in Ore Reserves at its North American Lithium operation, alongside an 8% Mineral Resource increase, reinforcing its position in the North American lithium market.

Mastermyne Group reported a 27% revenue decline in FY25 amid mine disruptions but maintained steady cash flow and expanded its order book to $314 million, underpinned by improved safety and strategic focus.

Mastermyne Group Limited reported a tough FY2025 with significant revenue and profit declines due to external disruptions, yet strengthened its order book and cash position, positioning itself for future growth.

Mastermyne Group Limited reported a significant 27% decline in revenue and a 96% plunge in profit for FY2025, signaling a challenging year for the coal miner.

Flagship Minerals has secured a comprehensive historical exploration dataset from Anglo American for its Pantanillo Gold Project, positioning the company to fast-track resource development and potentially expand its gold inventory without immediate drilling.

Advance Metals has identified over 6,300 metres of previously unsampled drill core at its Yoquivo Silver-Gold Project, launching a new sampling campaign to unlock hidden mineralisation and update its resource model.

Golden State Mining announces key executive departures and cost-saving measures as part of a strategic cash preservation plan.

Cosmo Metals has delineated a 12-kilometre zone of intense historical gold mining activity within the Bingara Goldfield, centred on the Spring Creek prospect. With high-grade rock chip results and limited prior drilling, the company is advancing permitting for its maiden drilling program to explore this underexplored gold system.