Latest Mining News

Riedel Resources has exceeded its initial capital raising target through its Share Purchase Plan, prompting an increase in the offer size to $400,000. This follows a recent $1 million placement, underscoring robust shareholder support as the company advances its Kingman Gold Project.

Sunrise Energy Metals reports strong high-grade scandium drill results at Syerston and secures $7.5 million to accelerate project development. The company is updating its feasibility study amid growing market demand and geopolitical supply pressures.

Core Energy Minerals has made promising progress in its maiden drilling campaign at the Cummins Uranium Project in South Australia, identifying uranium mineralisation in both weathered basement and palaeochannel sediments. Initial gamma and scintillometer readings support a developing roll-front uranium model, with assay results pending.

Solis Minerals has intersected visible copper and gold mineralisation in its second diamond drill hole at the Chancho al Palo project in Peru, reinforcing the potential for a significant copper-gold system. Assay results are expected in July/August 2025.

Volt Resources has drawn $0.5 million from a $1 million funding agreement to accelerate development of its graphite projects in Tanzania and the US, positioning itself amid rising US tariffs on Chinese graphite imports.

Future Battery Minerals has wrapped up its initial gold drilling phase at the Miriam Project, setting the stage for assay results and a planned resource estimate later this year.

Advance Metals has entered a binding agreement to earn a 100% interest in the high-grade Guadalupe y Calvo gold-silver project in Mexico, significantly expanding its resource base to over 100 million ounces silver-equivalent across three projects.

Ballard Mining has launched a comprehensive 130,000-metre drilling campaign at its Mt Ida Gold Project, targeting resource expansion and development of the Baldock deposit. Supported by a recent oversubscribed $30 million IPO, the program aims to unlock new exploration targets along a 26km strike in Western Australia’s Goldfields region.

Cannindah Resources has identified promising new mineralised breccia extensions at its Mt Cannindah project, setting the stage for a focused drilling campaign to expand its copper-gold resource.

Killi Resources reports that Gold Fields has exceeded its initial $2 million exploration commitment at the West Tanami Project, advancing geophysical surveys and soil sampling ahead of schedule.

Capricorn Metals has announced a 13% increase in the Mt Gibson Gold Project's resource, including a maiden underground resource of 684,000 ounces at Orion South and a new open pit resource at Highway, boosting total resources to 4.5 million ounces.

Macro Metals Limited and WA Limestone have completed the acquisition of the Derby East Construction Sands Project near Derby, WA, positioning themselves to tap into growing Southeast Asian sand markets. The project offers low-risk mining potential with strong logistics links to the Port of Derby.