Latest Mining News

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

Many Peaks Minerals Limited has amended its previous ASX announcement on auger sampling at the Ferké Gold Project to enhance regulatory compliance, while continuing to advance exploration with diamond drilling and planned air core and RC programs.

Matsa Resources has completed the sale of its 20% interest in part of the Lake Rebecca Gold Project to Ramelius Resources, receiving the final payment and solidifying its strategic position.

Bulletin Resources has received the final $0.8 million payment from Ramelius Resources for the partial sale of tenure at its Lake Rebecca Gold Project, completing a transaction that has injected nearly $4.8 million into the company since 2021.

Patriot Battery Metals reported a Q3 net loss of $2.23 million and a nine-month loss of $5.60 million, reflecting heavy investment in its flagship Shaakichiuwaanaan lithium project. A strategic $69 million private placement with Volkswagen post-quarter end underscores growing industry confidence.

Laramide Resources Ltd. has acknowledged a delayed filing of a director's interest notice due to internal illness, prompting an ASX inquiry and procedural upgrades to prevent future lapses.

Macarthur Minerals Limited reported a comprehensive loss of AUD 252,771 for Q4 2024, marking a sharp reversal from the prior year's profit. The company is navigating reduced exploration spending and strategic asset sales while facing ongoing funding challenges.

Macarthur Minerals Limited reported a substantial loss of A$25.6 million for the nine months ending December 31, 2024, driven largely by the sale of its Hematite Project. Despite this setback, the company outlines plans for future funding and operational adjustments to sustain its business.

Golden Horse Minerals has reported promising high-grade gold intercepts from its maiden drilling campaign at the Hakes Find project in Southern Cross, validating historic data and setting the stage for expanded exploration.

Eagle Mountain Mining has issued over 202 million new shares and 50 million options, raising $1.62 million through its recent entitlement offer. The company is poised to complete the underwritten shortfall, potentially increasing its capital base further.

King River Resources Ltd reports robust 2024 assay results from its Kurundi Main and Regional targets, revealing significant high-grade gold and copper mineralization and new structural discoveries that could reshape its Tennant Creek exploration outlook.

Scorpion Minerals Limited has had its trading suspension lifted following an announcement about a potential joint venture and capital raising, signaling renewed market activity.