Latest Mining News

Peregrine Gold Limited has successfully raised $1.74 million through its recent entitlement offer, securing key shareholder support to advance exploration at its Tin Can Trend project.

Savannah Goldfields Limited has announced a fully underwritten entitlement offer and placements to raise up to $9.91 million, aiming to fund a restart of mining and processing operations alongside debt repayments and exploration.

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.

Savannah Goldfields Limited has launched a $14 million capital raising to fund the restart of gold mining operations at its Agate Creek and Georgetown projects, backed by cornerstone investors including Wes Maas.

Viridis Mining and Minerals Limited has requested an immediate voluntary suspension of its shares pending a capital raising announcement, signaling a pivotal moment for the company.

Perpetual Resources has uncovered a fourth pegmatite trend at its Isabella Lithium Project in Brazil, significantly broadening the scope for high-grade spodumene mineralisation. With drilling approvals secured, the company is poised to advance exploration in one of Lithium Valley's most promising areas.

Centaurus Metals’ Jaguar Nickel Sulphide Project has been selected to join Brazil’s Climate and Ecological Transformation Investment Platform, opening access to a substantial capital pool aimed at supporting sustainable development and decarbonisation.

Flynn Gold Limited has unveiled a maiden exploration target of approximately 0.5 million ounces of gold at its Golden Ridge Project in Tasmania, alongside ongoing drilling programs aimed at expanding its high-grade gold and silver resource base.

Lucapa Diamond Company is grappling with a blockade at its Lulo Alluvial Diamond Mine in Angola, disrupting mining operations and risking first-quarter production. Ongoing talks aim to resolve the standoff amid community demands deemed unreasonable by the company.

Bryah Resources has locked in $1.1 million through a two-tranche placement to fund its copper exploration efforts in the Bryah Basin and support ongoing business development.

Marquee Resources has revealed promising exploration results at its Mt Clement Project, identifying multiple high-grade antimony and lead zones and advancing towards a maiden drilling program in Q1 2025.

Ten Sixty Four Limited has revealed a staggering net loss of US$43 million for the year ended June 2024, alongside a sharp 94% revenue decline and a modified audit opinion, raising fresh questions about its financial stability.