Latest Mining News

Octava Minerals reports encouraging early-stage bioleaching results from CSIRO on its Byro REE and lithium project, signaling potential for cost-effective and environmentally friendly metal extraction.

Brightstar Resources has unveiled spectacular high-grade gold results from its Sandstone Hub drilling program, including a standout 10m intercept averaging 43.8g/t Au. These findings bolster the company’s resource upgrade ambitions ahead of a planned Pre-Feasibility Study.

Resouro Strategic Metals’ Tiros Project in Brazil has been selected for a major Brazilian government funding initiative aimed at advancing critical mineral production. This endorsement could accelerate the project’s development and bolster its role in the clean energy transition.

ENRG Elements Limited announces significant board reshuffle, appointing seasoned mining executives to key leadership roles while two directors resign.

Adavale Resources has been granted exploration license EL9785, including the high-grade Koh-I-Noor gold mine, adjacent to its Parkes Project in NSW. The company plans detailed exploration and a maiden drilling campaign in 2025 to unlock further mineral potential.

E79 Gold Mines has significantly increased its Mountain Home Project footprint in the Northern Territory, acquiring nearly 500 square kilometres of mineral rights and gearing up for a government-backed exploration push in 2025.

Marimaca Copper has successfully closed the second tranche of a US$17.7 million private placement, bolstering funds to advance its flagship copper project in Chile. This capital injection marks a significant step in progressing the Marimaca Copper Project’s feasibility and exploration activities.

Tempest Minerals Ltd (TEM) has reported further metallurgical test results from its Remorse iron ore discovery in Western Australia, confirming high-grade iron concentrate with low impurities. These findings reinforce the project’s potential as a significant iron ore development within the Yalgoo region.

Globe Metals & Mining announces the resignation of CEO Paul Smith and appoints CFO Charles Altshuler as Interim CEO, who will retain his CFO duties while steering the company forward.

Dundee Precious Metals has agreed to acquire Adriatic Metals in a recommended £924 million share and cash offer, valuing Adriatic at approximately US$1.25 billion and delivering a premium of over 47% to recent trading prices.

VBX Limited is set to raise $10 million through an initial public offering to fund the development of its Wuudagu Bauxite Project in Western Australia, supported by a positive pre-feasibility study and strong market fundamentals driven by China’s growing aluminium demand.

Macarthur Minerals has clarified key details regarding its recent convertible note funding, confirming the counterparty is an independent entity and highlighting the need for shareholder approval before issuing shares on conversion.