Latest Mining News

Zenith Minerals has completed its 2025 deep diamond drilling program at the Red Mountain Gold Project in Queensland, with priority assay results pending that could redefine the project's potential. Meanwhile, the company expands its exploration footprint and prepares for a major drilling campaign at its Consolidated Dulcie Gold Project in Western Australia.

Vault Minerals projects steady gold production in FY26 with growth through FY28, driven by key plant upgrades and the anticipated restart of Sugar Zone operations. The company plans significant capital and exploration investments while preparing to fully unwind its hedge book.

Auric Mining is poised to kick off its first toll milling campaign at Black Cat’s Lakewood Mill in late October, aiming to generate initial gold revenue by November from its Munda Starter Pit.

Morella Corporation has identified 12 new high-priority lithium exploration targets at its Mallina project in Western Australia through a detailed ground gravity survey, setting the stage for further drilling and sampling.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis Prospect, with recent drilling revealing substantial mineralisation in fresh rock over a 2.2km strike. The results highlight the potential scale of this emerging gold system within the Caladan target area.

Ardea Resources has completed a major infill drilling campaign at its Goongarrie South deposit, confirming premium nickel-cobalt-scandium mineralisation that underpins its Definitive Feasibility Study. The results reinforce the project’s position as Australia’s largest nickel-cobalt resource.

Peak Rare Earths Limited shares have been suspended from the ASX following court approval of a scheme of arrangement for acquisition by Shenghe Resources. The suspension precedes the expected delisting later this month.

Everlast Minerals Ltd has issued a Replacement Prospectus for a $4-6 million ASX IPO to fund its mineral sands projects in Bangladesh, focusing on advancing the Gaibandha project towards commercial production.

Advance Metals Limited explains its recent share price jump and trading volume spike as driven by investor relations efforts and an upcoming assay results announcement from its Myrtleford Project.

Peak Rare Earths has secured court approval for its acquisition by Shenghe Resources, marking a pivotal moment with shares set to suspend and delist soon. Shareholders will receive $0.443 per share as the scheme moves toward completion.

The Supreme Court of New South Wales has approved Shenghe Resources’ acquisition scheme for Peak Rare Earths, setting the stage for a significant ownership change and share suspension on the ASX.

Focus Minerals Ltd has responded to an ASX price query following a significant intra-day share price jump, confirming no undisclosed information and compliance with listing rules.