Latest Mining News

Toubani Resources has locked in a transformative A$395 million funding package to advance its Kobada Gold Project in Mali, setting the stage for production to commence by the third quarter of 2027.

DeSoto Resources has raised A$14 million in a strongly supported placement to fund its maiden drilling program in Guinea’s prolific Siguiri Basin, backed by a notable cornerstone investor and institutional interest.

Pacgold Limited’s trading suspension has been lifted following its announcement of a capital raising, signaling renewed market activity for the gold explorer.

Pacgold Limited announces acquisition and phased restart of the White Dam gold project, targeting near-term production and resource expansion with a $12.4 million funding plan.

Polymetals Resources has advanced its Endeavor Mine ramp-up, producing over 15,000 tonnes of concentrates and scheduling its first zinc shipment. The company also reduced debt and strengthened its cash position, signaling progress toward steady-state operations.

Pacgold Limited has raised $13 million through a two-tranche placement to acquire and restart the White Dam Gold Project, aiming for near-term production and exploration growth.

Locksley Resources has expanded the Desert Antimony Mine target at its Mojave Project by 400%, revealing a new parallel structural zone and boosting the project's potential as a critical U.S. minerals hub.

Kairos Minerals has finalized a pivotal mineral rights agreement with Pilbara Minerals, granting it extensive rights over key Pilbara licences and setting the stage for a significant drilling campaign to expand its Mt York gold resource.

Kingsgate Consolidated updates its 2025 Mineral Resources and Ore Reserves, introducing a maiden estimate for the Chatree South-East Complex while reporting modest declines in overall Ore Reserves.

Legacy Minerals has confirmed significant high-grade gold and silver mineralisation at its Mascotte prospect and commenced diamond drilling at the Battery prospect within the Mt Carrington Project in NSW.

Dart Mining reports outstanding surface rock chip sampling results from its Coonambula project in Queensland, revealing high-grade antimony, gold, and silver assays that underscore the site's exploration potential.

Western Mines Group has been awarded a $180,000 government grant to fund further drilling at its Mulga Tank nickel project, targeting a promising komatiite mineral system. This funding supports the company’s ongoing exploration efforts to delineate a significant nickel sulphide deposit in Western Australia.