Latest Mining News

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MLG Oz Limited posted a 20.5% increase in revenue to AUD 272.9 million for the half-year ended December 2024, driven by strong gold industry activity. However, net profit after tax fell 42.7% to AUD 4.1 million, reflecting margin pressures and higher depreciation costs.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Polymetals Resources Ltd invites eligible shareholders to participate in a new Share Purchase Plan at $0.80 per share, aiming to raise up to $3.2 million after a successful $35 million institutional placement.
Victor Sage
Victor Sage
18 Feb 2025
Ausmon Resources Limited has launched a Share Purchase Plan aiming to raise up to $540,000 by issuing shares at a discounted price, supporting its exploration and operational funding needs.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Polymetals Resources Ltd has opened a Share Purchase Plan allowing eligible shareholders to invest up to $30,000 each at $0.80 per share, aiming to raise $3.2 million to bolster its balance sheet and fund exploration.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Artemis Resources has completed the second tranche of a $4 million capital raise, enabling the resumption of drilling at its Karratha Gold Project after cyclone-related delays.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Ausmon Resources Limited has announced a Share Purchase Plan offering up to 300 million shares at a discounted price to raise $540,000, aiming to reduce borrowings and fund exploration activities.
Maxwell Dee
Maxwell Dee
18 Feb 2025
BHP Group Limited has announced a fully franked dividend of USD 0.50 per share for the half-year ending December 2024, payable on March 27, 2025, with multiple currency payment options and a Dividend Reinvestment Plan available.
Maxwell Dee
Maxwell Dee
18 Feb 2025
BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.
Maxwell Dee
Maxwell Dee
18 Feb 2025
St Barbara Limited has successfully commissioned the MMD Sizer crusher at its Simberi operation, exceeding performance expectations and boosting SAG mill throughput. The company also appointed Phil Stephenson, a seasoned PNG mining executive, as Operations Advisor to steer operational improvements and strategic decisions.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Adavale Resources is set to launch a detailed geochemical survey at its Ashes and Myalls prospects within the Parkes Project, aiming to refine drilling targets in a highly prospective gold-copper region.
Maxwell Dee
Maxwell Dee
18 Feb 2025
Lincoln Minerals is accelerating development across its diversified portfolio of critical minerals projects in South Australia's Gawler Craton, targeting copper, uranium, graphite, and high-purity iron to meet global electrification and decarbonization demands.
Maxwell Dee
Maxwell Dee
18 Feb 2025