Latest Mining News

Breakthrough Minerals has successfully raised $500,000 through a share placement, reinforcing investor confidence and positioning the company to advance its lithium and gold projects in Australia and Canada.

Northern Minerals Limited reported a $7.56 million net cash outflow from operating activities in the December 2024 quarter, offset by $28.5 million raised through borrowings, leaving a healthy cash balance of $35.76 million.

Hot Chili Limited has confirmed a significant copper-gold porphyry discovery at its La Verde project in Chile, delivering impressive drill results and expanding exploration efforts. Meanwhile, the company progresses its Costa Fuego pre-feasibility study and prepares to leverage AI technology to accelerate discovery.

Austin Metals Limited has reported compelling high-grade gold assay results from its Austin Gold Project, confirming significant shallow mineralisation and setting the stage for expanded drilling campaigns in 2025.

Mantle Minerals reports encouraging geophysical findings at its Mount Berghaus project, with upcoming gravity surveys set to refine targets near the prolific Hemi gold deposit.

Akora Resources reports strong progress at its Bekisopa Iron Ore Project in Madagascar, highlighted by successful drilling results, completion of key technical studies, and official support from the Malagasy government. The company is on track to deliver a Pre-Feasibility Study by Q1 2025, aiming to produce high-grade direct shipping ore for steelmakers focused on decarbonisation.

Titanium Sands Limited has made significant progress in securing its Industrial Mining License for the Mannar Project in Sri Lanka, while preparing for a crucial funding placement to support ongoing development.

Locksley Resources reports standout assay results from its Mojave Project alongside strategic board appointments and a comprehensive review of its Tottenham Copper Project, setting the stage for accelerated exploration and resource development.

Diatreme Resources has made significant strides in its silica sand ventures, signing a non-binding offtake MOU with Mitsui & Co and enhancing its leadership team. The company also reports strong cash reserves and ongoing environmental and community engagement efforts.

Gibb River Diamonds secures key agreements to progress gold mining at Edjudina and gains international exposure for its Ellendale Diamond Project, positioning itself for growth across multiple mineral fronts.

North Stawell Minerals Ltd reported a strong cash position with a $1 million increase in cash reserves for the December quarter, preparing for intensified exploration activities.

Augustus Minerals has completed the acquisition of Music Well Gold Mines, gaining control of a significant gold project near Leonora, Western Australia, and reported promising high-grade gold and molybdenum exploration results in its latest quarterly update.