Latest Mining News

Mount Gibson Iron Limited is set to acquire a 50% stake in the Central Tanami Gold Project from Northern Star Resources for $50 million, marking its strategic entry into the precious metals sector. The project boasts a substantial 1.6 million ounce gold resource and significant infrastructure, positioning MGX for potential development within 18 months.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.

Inca Minerals has significantly expanded high-grade gold-antimony zones at its Hurricane Project in Queensland, with rock chip assays revealing new mineralised extensions and multiple vein structures. Preparations for a maiden drilling program are underway, setting the stage for a pivotal exploration phase.

Rio Tinto reports a robust 13% year-on-year increase in copper equivalent production for Q2 2025, alongside record bauxite output and progress on key projects like Simandou and Oyu Tolgoi. The company maintains its 2025 guidance, signaling confidence in its diversified growth strategy.

Sun Silver Limited confirms broad zones of antimony mineralisation at its Maverick Springs Project in Nevada, with grades significantly surpassing comparable US deposits. Ongoing re-assays of historic drill core reveal promising critical mineral potential within a major silver-gold system.

Solstice Minerals reports robust drilling results at its Yarri Gold Project and identifies significant resource extension targets at Nanadie Copper-Gold Project, supported by a $2.1 million strategic placement and a key board appointment.

Orica has successfully raised USD 390 million through a US Private Placement, extending its debt maturity profile and strengthening its balance sheet amid strong investor demand.

West Coast Silver Limited’s inaugural 2025 diamond drilling at Elizabeth Hill delivers exceptional near-surface high-grade silver intercepts, confirming the project’s strong economic potential and setting the stage for further exploration.

Terrain Minerals has wrapped up an expanded nearly 5,000-meter gold drilling campaign at its Lightning and Monza prospects within the Smokebush Project, with assay results expected in August 2025.

Wildcat Resources advances its Tabba Tabba Lithium Project with the Preliminary Feasibility Study nearing completion and strong metallurgical results, supported by a robust cash position of $55.1 million.

Lefroy Exploration has secured a $2.5 million Profit Cash Advance Facility from BML Ventures, fully funding the Lucky Strike Gold Project through to profit-share distributions in early 2026 while avoiding shareholder dilution.

Duketon Mining Limited has executed an option agreement to acquire 100% of the Killarney Gold Project, confirming high-grade gold results from historic and recent sampling. Concurrently, the company updated its nickel resource estimates at Rosie and C2, reinforcing its position in the Mount Magnet region.