Latest Mining News

Emmerson Resources has initiated critical geotechnical drilling at its White Devil Gold Deposit, progressing towards a feasibility study following a comprehensive reverse circulation drill campaign. The company’s scoping study signals strong potential for a major mine designation.

Legacy Minerals' latest Airborne Magneto Tellurics survey at the Drake Project reveals extensive new gold-copper-silver targets, highlighting significant potential for resource expansion and fresh discoveries.

Prospech Limited has secured a 500 kg bulk sample from the historic Korsnäs rare earth element stockpile in Finland, initiating metallurgical test work in Finland and Australia to unlock strategic REEs. These exploratory tests aim to establish a viable processing flowsheet for neodymium, praseodymium, and samarium extraction.

Scorpion Minerals has commenced a targeted RC drilling campaign at its expansive Pharos Gold Project in Western Australia, aiming to follow up on multiple historic high-grade gold zones along a highly prospective shear corridor.

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.

Falcon Metals has confirmed high-grade Bendigo-style gold mineralisation from its first diamond drill hole at the Blue Moon Prospect, marking a promising start to exploration north of the historic Bendigo Goldfield.

Cobalt Blue Holdings has secured a three-year extension to its Major Project Status for the Broken Hill Cobalt Project, reinforcing its strategic importance to Australia’s critical minerals sector and enhancing development prospects.

Santa Fe Minerals Limited has entered binding agreements to acquire the promising Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd, backed by a $1.2 million capital raise at a significant premium. The acquisition positions Santa Fe to advance exploration on high-grade gold mineralisation zones with substantial growth potential.

Santa Fe Minerals has entered binding agreements to acquire the Eburnea Gold Project in Côte d’Ivoire, backed by a $1.2 million capital raise at a 61% premium. The acquisition includes promising permits with historic high-grade gold intercepts, setting the stage for an aggressive exploration campaign.

Uvre Limited has completed a $4 million equity raise to fund its acquisition of Otagold and fast-track exploration at New Zealand gold projects. The capital raise saw strong director participation, signaling confidence in the company’s new strategic direction.

TechGen Metals has pinpointed two high-priority geophysical targets at its Mt Boggola Project in Western Australia, revealing promising copper, gold, antimony, and silver mineralisation zones that remain untested by drilling.

Golden Mile Resources has reported encouraging initial assay results from its maiden drilling campaign at the Pearl Copper Project in Arizona, revealing significant copper, lead, zinc, and silver mineralisation. The findings support the potential for a substantial mineralised system and set the stage for further exploration.