Latest Mining News

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Mindax Limited has secured $7.75 million through a share placement and acquired strategic stakes in Doublebell Resource Wealth and Cashmere Iron, advancing its vision to develop the Mid-West region into a major iron ore hub.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Mindax Limited reported a $7.75 million equity raise in Q1 2025, maintaining a solid cash position with nearly six quarters of funding available despite ongoing exploration expenditures.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Savannah Goldfields Limited reported a significant AUD 3.3 million cash outflow from operations in Q1 2025, leaving the company with only 2.34 quarters of funding available. The miner’s liquidity position and reliance on multiple loan facilities highlight ongoing financial pressures amid exploration activities.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Savannah Goldfields is gearing up to restart gold production by July at its Georgetown and Agate Creek projects, bolstered by a $5.7 million capital raise and the appointment of a seasoned mining CEO.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Pinnacle Minerals reports significant exploration progress across its Canadian and Australian projects, highlighting multiple lithium pegmatite targets and strong rare earth element assays while maintaining a disciplined cash position.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Evolution Energy Minerals initiates a strategic review and cost-cutting at its Chilalo graphite project while progressing a farm-out deal for its Chikundu Cu-Pb-Zn VHMS prospect with Oscillate plc.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Variscan Mines Limited reported standout high-grade zinc and lead drill results from its Novales-Udias Project in northern Spain, alongside strong governmental support that bolsters its mine restart ambitions.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Freehill Mining reported a constrained cash position for Q1 2025 but has taken decisive steps with a new Chile lease and capital raises to strengthen its financial footing and operational outlook.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Freehill Mining reported a seasonal slowdown in sales and logistical challenges in Q3 FY2025 but strengthened its position with a new site acquisition and a $700,000 capital raise to fuel growth in Chile’s construction materials market.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Austin Metals Limited has secured $1.25 million through a share placement to fund drilling programs at its Austin Gold and Ashburton Gold-Copper projects, reporting promising high-grade gold intercepts that validate significant mineral potential.
Maxwell Dee
Maxwell Dee
30 Apr 2025
St George Mining has completed its acquisition of the Araxá niobium-rare earth project in Brazil, announcing a maiden JORC-compliant resource and securing a strategic EPC+F partnership to fast-track development.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Gullewa Limited reported a positive cash flow quarter ending March 2025 and increased its ownership in Central Iron Ore Limited to 54.46%, signaling strategic consolidation in its iron ore interests.
Maxwell Dee
Maxwell Dee
30 Apr 2025