Latest Mining News

West Cobar Metals has successfully raised $1.25 million through a discounted share placement, aiming to boost drilling and testwork across its gold and critical minerals projects.

Benz Mining reports thick, continuous gold mineralisation at the Icon Prospect, highlighting a major bulk tonnage opportunity within the Glenburgh Gold Project. Recent drilling reveals a new higher-grade Central Lens, reinforcing the project’s tier-1 potential.

Taruga Minerals has secured three contiguous exploration permits in Western Australia's Gascoyne province, unlocking access to historically high-grade base and precious metal sites with no prior modern drilling. This move sets the stage for a broader regional exploration campaign.

MLG has delivered a robust FY2025 financial performance, marked by strong revenue growth, improved profitability, and a healthier balance sheet. The company’s strategic investments and contract wins underpin a confident outlook in the gold and iron ore sectors.

MLG Oz Limited reported a 15.5% increase in revenue to $548.3 million and a 10.7% rise in net profit after tax to $12.1 million for FY2025, driven by new contract wins and improved margins in the second half. Despite strong financials, the company declared no dividend for the year.

Sunshine Metals is set to commence diamond drilling at its Sybil epithermal gold project in Queensland, following impressive high-grade surface gold assays and detailed topographic surveys. The upcoming drill program aims to unlock the potential of multiple undrilled prospects within this underexplored gold system.

Orpheus Uranium Limited has completed the acquisition of key exploration licenses in South Australia's Pirie Basin, expanding its uranium exploration footprint in a promising sedimentary uranium province.

European Lithium Ltd reports robust 2024 diamond drill results from its Tanbreez Rare Earth Project in Greenland, confirming consistent high-grade rare earth mineralisation with significant heavy rare earth content and promising associated metals.

Stavely Minerals has launched a new phase of drilling at its Fairview North gold prospect following impressive high-grade assay results, aiming to expand known mineralisation along strike. Concurrent soil sampling at Fairview South is set to guide further exploration.

Viridis Mining and Minerals has announced a maiden JORC Probable Ore Reserve of 200.6 million tonnes at the Colossus Rare Earth Project, underpinning a 40-year mine life with exceptional grades and sustainable mining practices.

Pioneer Lithium has completed extensive sampling at its Skull Creek Uranium Project in Colorado, revealing large-scale radiometric anomalies that suggest significant uranium potential. The company is now awaiting assay results and preparing for drilling amid supportive US uranium policies.

AIC Mines has announced promising drilling results at its Jericho copper deposit in Queensland, confirming continuity in key mineralised shoots and revealing a new mineralised lens, J0, that extends over one kilometre and remains open for further exploration.