Latest Mining News

Highfield Resources announces the immediate resignation of CEO Ignacio Salazar, who played a pivotal role in advancing the Muga project. The company maintains a trading halt as it prepares to disclose funding arrangements.

Chrysos Corporation has secured a landmark Master Services Agreement with Newmont Corporation, marking its first PhotonAssay unit deployment at the Ahafo mine in Ghana. This deal signals growing adoption of Chrysos’ cutting-edge gold analysis technology among top-tier miners.

Augustus Minerals has executed a binding agreement to acquire a company holding a contested third in line licence application for the Mt Kare Gold Project in Papua New Guinea, a site with a historic resource of over 2 million ounces of gold. The acquisition positions Augustus to actively pursue tenure in a competitive and complex licensing environment.

Arika Resources has expanded its drilling program across its Yundamindra and Kookynie gold projects to 10,000 metres, leveraging a recent $5 million capital raise and securing a versatile drill rig to accelerate exploration.

Culpeo Minerals has secured A$3.02 million through a placement to fund extensive drilling at its promising copper projects in Chile, targeting high-grade zones that could reshape its resource profile.

Verity Resources has launched a targeted aircore drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program focuses on three promising prospects within a prolific gold district.

Jameson Resources has released a 2025 feasibility update for its Crown Mountain Hard Coking Coal Project, confirming reserves and revealing a doubling of project NPV despite inflationary cost pressures.

Forrestania Resources has reported impressive high-grade gold intercepts up to 26g/t Au from its phase 2 drilling at the Ada Ann prospect, extending the mineralisation footprint and confirming strong potential for mining.

DeSoto Resources has expanded its gold-in-soil anomaly at the Dadjan Gold Project to 3.6km and reported promising high-grade gold zones at Timbakouna, reinforcing the prospectivity of its extensive landholdings in Guinea’s Siguiri Basin.

Tempest Minerals Limited has announced a non-renounceable rights issue to raise approximately $1.47 million, aimed at funding exploration at its Yalgoo iron ore project and other assets. The offer includes free-attaching options and carries a potential dilution of up to 33% for non-participating shareholders.

Tempest Minerals has announced a $1.47 million non-renounceable pro-rata entitlement offer to fund its gold and iron ore projects in Western Australia, offering new shares with free-attaching options to existing shareholders.

Coronado Global Resources Inc. posted a $96.2 million net loss for Q1 2025, reflecting weak metallurgical coal prices and ongoing liquidity challenges. The company is navigating covenant waivers and pursuing refinancing amid market uncertainty.