Latest Mining News

Piche Resources has expanded its Ashburton Uranium Project in Western Australia by applying for a new tenement adjoining its existing holdings, following strong 2024 drilling results that confirmed significant uranium mineralisation.

Everest Metals has been accepted into the US Defence Industrial Base Consortium, unlocking strategic collaboration and funding opportunities for its Mt Edon Rubidium Project in Western Australia. This milestone advances Australia’s first commercial rubidium production, addressing critical global supply shortages.

Metal Hawk Limited has secured Aboriginal heritage approval to launch a significant reverse circulation drilling program targeting high-grade gold veins at its Leinster South Project in Western Australia.

The Australian Taxation Office has issued a binding ruling clarifying the tax treatment for De Grey Mining shareholders following Northern Star Resources’ acquisition. The ruling confirms capital gains tax deferral options for eligible investors.

Blackstone Minerals has completed its acquisition of IDM International, gaining full control of the Mankayan copper-gold project in the Philippines. The scheme of arrangement is now effective, marking a significant expansion of Blackstone’s Southeast Asia portfolio.

Carbine Resources has successfully raised $1.78 million through a pro-rata entitlement offer and shortfall placement, setting the stage for further shareholder approval in August.

Canadian Phosphate Limited has obtained a 10,000-tonne bulk sample permit for its Barnes deposit at the Fernie Project, marking a significant step toward establishing a domestic phosphate supply in British Columbia. Additional permits are underway, supporting the company’s growth and critical minerals strategy.

Freehill Mining Limited has successfully raised approximately $509,736 through a near-complete entitlement offer, signaling strong shareholder confidence in its expansion plans across Chile’s aggregates and magnetite sectors.

Lithium Energy Limited has completed a 38km passive seismic survey at its White Plains Lithium Brine Project in Utah, revealing a promising Half Graben Basin structure up to 600 metres deep. This milestone sets the stage for advanced geophysical surveys and targeted drilling to define lithium resources.

S2 Resources Ltd invites eligible shareholders to participate in a Share Purchase Plan offering new shares at $0.072 each, accompanied by free options exercisable until mid-2027. The plan aims to raise up to $0.5 million, subject to scale back if oversubscribed.

S2 Resources Limited launches a discounted Share Purchase Plan allowing eligible shareholders to invest up to $30,000, accompanied by free attaching options exercisable at $0.11. The capital raise supports exploration across key Australian projects.

Krakatoa Resources secures $1.3 million via placement to fund a maiden diamond drilling campaign at its Zopkhito Project in Georgia, aiming to upgrade foreign resource estimates to JORC standards.