Latest Mining News

Tungsten Mining NL’s review of historic drilling at Mt Mulgine confirms significant shallow gold mineralisation, reinforcing its integrated gold-tungsten development approach. The findings highlight near-surface gold potential to offset pre-strip costs and accelerate tungsten extraction.

Rumble Resources has announced a maiden tungsten resource of 13,200 tonnes of WO3 at its Western Queen Project, complementing its existing high-grade gold assets and highlighting significant growth potential.

DY6 Metals has confirmed high-grade titanium dioxide levels in rutile samples from its Central Rutile Project in Cameroon, supporting the calibration of a portable XRF analyser for real-time exploration.

Astral Resources has reported exceptional high-grade gold assay results within the pit shell at its Kamperman deposit, bolstering the Mandilla Pre-Feasibility Study and highlighting growth potential across its Feysville Gold Project.

MAC Copper has secured a crucial regulatory green light from the South African Reserve Bank, advancing Harmony Gold’s proposed acquisition. Shareholders are now gearing up to vote on the deal at meetings scheduled for late August.

Tombador Iron Limited has secured a significant tax refund from Brazil, boosting its cash position as it awaits further approvals on additional claims.

West Coast Silver Limited has responded to an ASX query about recent share price and volume spikes, confirming no undisclosed material information and providing an update on its ongoing exploration assay program.

American West Metals has launched an offer of over 104 million new options to select investors and advisors, potentially raising $6.28 million upon exercise. The move aims to enhance liquidity and support ongoing exploration projects.

Vigorous Resources has secured over 94% of Rey Resources shares and initiated compulsory acquisition, setting the stage for Rey's imminent ASX delisting.

Liontown Resources has raised approximately A$316 million through a combination of institutional and conditional placements, alongside a share purchase plan, to strengthen its balance sheet and support growth at its Kathleen Valley lithium operation.

Astute Metals NL has successfully completed the first tranche of its capital raising, issuing over 92 million shares and securing $1.39 million before costs. The company is preparing to close a second tranche involving key directors and sophisticated investors.

Magnetite Mines Limited has announced a pro rata renounceable rights issue aiming to raise up to $2.65 million to advance its flagship Razorback iron ore project. The capital raise includes free attaching options and is partially underwritten, supporting key development milestones and strategic partnerships.