Latest Mining News

Eclipse Metals reports promising Phase 1 metallurgical test results from its Grønnedal Rare Earth Element Project in Greenland, highlighting over 90% REE recovery in magnetic fractions. These findings lay the groundwork for further optimisation and scale-up testing.

Ramelius Resources reports a statutory loss for H1 FY26 driven by Spartan acquisition expenses, yet underlying EBITDA rises on higher gold prices. Integration of Dalgaranga and progress on Rebecca-Roe signal growth ahead.

St Barbara Limited has increased its gold Mineral Resources by 1 million ounces to 7.9 million ounces as of December 2025, while reporting silver Mineral Resources and Ore Reserves for the first time at its Simberi Operations.

Right Resources Limited has defined compelling high-grade gold and silver Exploration Targets at its Kingston and Mary Read Prospects in New South Wales, highlighting significant upside potential in the New England Region.

PMET Resources has launched a C$137.7 million capital raising via a private flow-through share offer and concurrent placements to fund exploration and development of its Shaakichiuwaanaan lithium project in Quebec.

Mineral Resources Limited reports a dramatic turnaround with a $573 million half-year profit, driven by Onslow Iron’s ramp-up and stronger lithium markets. The company reaffirms FY26 guidance amid strategic joint ventures and balance sheet strengthening.

Basin Energy's maiden drilling at the Sybella Barkly Project confirms a significant sediment-hosted rare earth element system alongside promising uranium mineralisation, setting the stage for expanded exploration in Queensland.

Asara Resources reports a significant 54m intercept at 2.3 g/t gold from its Massan deposit in Guinea, confirming a high-grade northeast structural extension and expanding the inferred resource footprint.

Perseus Mining reported a 5% revenue increase to US$608.5 million for the half-year ended December 2025, despite an 8% drop in net profit and a 26% decline in gold production. The company declared a steady interim dividend and outlined ongoing operational challenges and corporate restructuring.

Rio Tinto reported solid 2025 results with an 8% increase in copper equivalent production and disciplined cost management, driving a 9% rise in underlying EBITDA to $25.4 billion. The company marked major project completions and maintained a strong dividend payout.

Raptor Metals has intersected multiple zones of visual copper mineralisation in the initial two holes of its 2,200m diamond drilling program at the Chester Project, validating its resource base and setting the stage for resource growth.

Forrestania Resources has signed a binding ore purchase agreement with Westgold Resources, marking its official transition to gold production with an initial $7.2 million parcel of ore.