Latest Mining News

Stanmore Resources has released an updated maiden Reserves Statement for its Isaac Downs Extension metallurgical coal project, confirming 52 million tonnes of Run of Mine coal reserves and a robust +20-year mine life supported by existing infrastructure.

Cazaly Resources has issued a replacement Appendix 5B for the March 2025 quarter to correct an administrative error, reaffirming a solid cash position with over six quarters of funding available.

Southern Cross Gold Consolidated Ltd has successfully arranged an upsized C$143 million funding round to fast-track its Sunday Creek Gold-Antimony Project in Victoria, Australia. This capital injection positions the company to advance drilling, underground development, and economic assessments over the coming years.

Alvo Minerals has extended the closing date for its pro-rata entitlement offer to 13 May 2025, giving shareholders additional time to subscribe to new shares and options. This move aims to support the company’s ongoing exploration ambitions in Brazil’s base and rare earth metals sectors.

Ark Mines Ltd has successfully raised A$1.5 million through a fully subscribed placement, enabling a faster development of its rare earth project in North Queensland.

Pantoro Gold is set to become debt free by repaying its US$6.26 million Convertible Loan Facility ahead of schedule, reducing shareholder dilution and saving on interest payments.

Andromeda Metals has successfully produced ultra-high purity alumina (HPA) at 99.9985% purity using a novel, cost-effective, and lower carbon process from kaolin sourced at its Great White Project. Independent validation confirms the breakthrough, positioning the company to capitalize on growing global demand.

Kore Potash Plc's shares have been suspended from trading on the ASX after the company missed its deadline to lodge a draft financing proposal for the Kola Project. The suspension follows a prior trading halt and will remain until regulatory compliance is restored.

Dreadnought Resources has partnered with Teck Resources in a $15 million farm-in and joint venture to advance the Money Intrusion Ni-Cu-Co-PGE prospect at Mangaroon, WA. This deal brings a major global player into the project, accelerating exploration while preserving Dreadnought’s gold ambitions.

Southern Cross Gold Consolidated Ltd has successfully arranged a C$143 million private placement, positioning the company to accelerate development of its Sunday Creek Gold-Antimony Project in Victoria, Australia.

Blackstone Minerals and IDM International have reported impressive assay results from drillhole CDH-61 at the Mankayan copper-gold porphyry project, confirming over 300 metres of high-grade mineralisation and a robust high-grade core. This milestone reinforces Mankayan's status as a world-class undeveloped copper-gold asset with significant development optionality.

Perpetual Resources has appointed ServDrill Brazil to begin its inaugural lithium drilling campaign at the promising Igrejinha Project in Brazil’s Lithium Valley, targeting high-grade spodumene mineralisation along a 1.4km pegmatite corridor.