Latest Mining News

Leeuwin Metals has inked a binding deal to acquire the Marda Gold Project from Ramelius Resources, marking a strategic expansion into Western Australia's prolific goldfields. Alongside promising iron ore results from its West Pilbara project, Leeuwin is positioning itself as a diversified explorer with significant growth potential.

Bowen Coking Coal reported a strong December quarter with record coal sales and a 39% reduction in cash costs, underpinning a $29 million EBITDA despite softer coal prices.

Energy Resources of Australia Limited reported a substantial net cash outflow of $183.9 million in Q4 2024, driven by significant rehabilitation payments, while raising $766.5 million through equity to bolster its cash position.

Lucapa Diamond Company advances its position in the Lulo Kimberlite Joint Venture, increasing its stake to 51% while accelerating bulk sampling efforts to pinpoint diamond-rich kimberlite targets.

Energy Resources of Australia (ERA) reports a robust cash position following a $766 million entitlement offer, advancing rehabilitation at its Ranger Project while seeking to extend its operational authority beyond January 2026.

Fortescue Ltd has launched a recommended off-market takeover offer for Red Hawk Mining at $1.05 per share, with a potential increase to $1.20, representing a significant premium and a strategic pivot for Red Hawk shareholders.

Sarytogan Graphite Limited has successfully produced premium ductile cast iron using its Micro80C graphite, positioning itself to capture a high-margin segment amid growing domestic demand.

Medallion Metals Limited has intersected multiple zones of semi-massive to massive sulphides at its Harbour View deposit, reinforcing confidence in the continuity of mineralisation at the Ravensthorpe Gold Project. Ongoing metallurgical testwork and drilling progress the company toward a Final Investment Decision in late 2025.

Cokal Limited has formalised a US$7 million coal prepayment and offtake facility with Cratus Group, marking a pivotal step in accelerating coal production and infrastructure development in Central Kalimantan, Indonesia.

West Wits Mining has increased its Mineral Resource Estimate by 749,000 ounces following a new Prospecting Right grant and appointed Rudi Deysel as CEO while advancing project financing for the Qala Shallows Gold Project.

Adavale Resources has completed the acquisition of a majority interest in the Parkes Gold-Copper Project, positioning itself near major NSW mining hubs with plans to upgrade historical resources and accelerate exploration.

Terra Metals has reported compelling drill results from its Dante Project in Western Australia, revealing high-grade titanium alongside copper, PGMs, and vanadium over a 2.5km strike. These findings underscore the project's promise as a large-scale polymetallic development.