Latest Mining News

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project, unlocking nearly 1,000 square kilometres of historic copper and silver mining territory in Spain. The company is accelerating exploration with geological mapping and airborne geophysics ahead of planned drilling later this year.

Norfolk Metals has cleared all hurdles to begin Stage 1 of its earn-in agreement for the Carmen Copper Project in Chile, committing $3 million over three years to secure a 70% stake. The company has also completed a key share issuance following shareholder approval.

Miramar Resources has partnered with Topdrill in a drill-for-equity agreement to fund significant drilling at the promising 8 Mile gold target within its Gidji JV Project near Kalgoorlie. Drilling is set to begin in July, aiming to explore extensions of a known gold deposit.

Great Boulder Resources reports striking high-grade gold assays extending the Ironbark deposit at its Side Well Gold Project, signaling a potential resource upgrade and advancing development plans.

New Murchison Gold Limited has reported further high-grade gold intersections from its Crown Prince Gold Project, reinforcing the potential for a profitable open pit operation at its Garden Gully site near Meekatharra.

NexGen Energy has secured regulatory approval for a significant infrastructure upgrade at its Rook I uranium project, setting the stage for expanded exploration and operational efficiency in 2025.

FireFly Metals Ltd has announced a flow-through share offer aiming to raise approximately A$11.2 million, targeting Canadian investors to fund regional exploration drilling. This offer complements a broader capital raising strategy to advance development at the Ming Mine and other key projects.

Larvotto Resources has reported impressive high-grade gold and antimony intercepts from its ongoing diamond drilling at the Hillgrove Project in NSW, signaling a promising update to its resource base and mine planning.

Peninsula Energy has resolved outstanding claims with its EPC contractor and is advancing a reset plan for its Lance uranium project, including revised production guidance and funding strategies.

Aureka Limited has raised $3 million through a share placement to accelerate exploration and secure land access at its key gold projects in Victoria, signalling strong investor confidence in its growth strategy.

Hawsons Iron Ltd has been reinstated to ASX trading following an announcement of a proposed capital raising, signaling renewed investor interest.

Hawsons Iron Limited is raising up to $1 million through a discounted Share Purchase Plan to fund critical project development while continuing strategic investor discussions.