Latest Mining News

Vigorous Resources has initiated an unconditional off-market takeover offer for all shares of Rey Resources at a 155% premium, with unanimous support from the Rey board. The bid, funded by a major shareholder loan, aims to provide immediate cash value to Rey shareholders and could lead to Rey's delisting from ASX.

Bastion Pte. Mining Ltd has secured an 86.8% interest in Xanadu Mines, prompting the board to recommend shareholders accept the takeover offer ahead of its extended July 29 closing date.

Viridis Mining and Minerals is set to reveal key findings from its Pre-Feasibility Study on the Colossus Rare Earth Element Project, highlighting its global significance and strong economic potential.

Manuka Resources Ltd has been reinstated to ASX trading following the announcement of a proposed material capital raising, signaling renewed investor interest.

Manuka Resources has launched a fully underwritten A$8 million entitlement offer to fund the restart of its Wonawinta processing plant and advance its 10-year Cobar Basin Production Plan, targeting silver and gold output by early 2026.

North Stawell Minerals has extended the closing date of its non-renounceable entitlement offer by two weeks, giving shareholders more time to participate in the $2.1 million capital raise.

OzAurum Resources has kicked off a 17-hole Reverse Circulation drilling program targeting high-grade gold at its Mulgabbie North Cross Fault discovery, aiming to build on promising earlier results and recent geological insights.

Orion Minerals has raised approximately A$5.8 million through a share placement and loan conversions, while launching a Share Purchase Plan targeting an additional A$4 million to fund key copper projects.

Ballymore Resources has doubled the strike length of its Dittmer gold corridor to 4km, uncovering significant high-grade gold anomalies in previously unexplored areas south of the historic mine.

Marquee Resources has identified significant gold anomalies across its 106 km² Yindi Gold Project in Western Australia, backed by a thorough review of historical drilling data. The company plans targeted drilling to validate promising intercepts near major gold operations.

Stavely Minerals advances exploration in the Stavely Volcanic Belt with fresh drilling at key gold prospects and a strong copper-gold-silver resource base, signaling potential growth in energy metals.

Kaiser Reef Limited has reported its strongest quarterly gold production to date, driven by the successful acquisition and integration of the Henty Gold Mine in Tasmania.