Latest Mining News

KPMG has delivered an unqualified audit opinion on Bathurst Resources Limited’s FY2025 financial statements, while highlighting significant judgment areas around mining asset recoverability and rehabilitation provisions.

Blackstone Minerals has entered a strategic joint venture with Vietnam’s Xuan Loc Tho Co. Ltd. to develop the Ta Khoa Nickel Project and Refinery, significantly reducing holding costs while maintaining exposure to nickel’s upside.

M3 Mining Limited has announced a significant leadership renewal alongside a strategic review aimed at streamlining operations, reducing costs, and focusing on high-value exploration assets.

Dome Gold Mines Ltd invites eligible shareholders to participate in a $5 million Share Purchase Plan at $0.15 per share, aiming to fund the transition to production at its Sigatoka Sands Project and exploration of other Fijian assets.

MetalsTech Limited’s executive director and spouse have sold over 23 million shares to three new private mining investors, injecting nearly A$11.2 million and potentially accelerating development of the Sturec Gold Mine.

Fenix Resources delivered a record 2.4 million tonnes of iron ore in FY25, marking a 64% production jump as it transitioned to a multi-mine operation. Despite iron ore price declines, the company maintained strong cash flow and declared a fully franked dividend, setting ambitious FY26 growth targets.

Augustus Minerals has initiated Heritage Surveys at its expansive Music Well Gold Project, clearing a critical hurdle toward starting its maiden drilling campaign in a prolific Western Australian gold belt.

Talius Group Limited has reported a significant turnaround in its financial performance for the half-year ending June 2025, with revenue rising 21% and net losses shrinking by nearly two-thirds.

Greenvale Energy has completed seven drill holes at its Oasis Uranium Project, progressing its maiden drilling program aimed at confirming historical data and exploring mineralisation extensions. Early regional sampling suggests a broader uranium system beyond the known deposit.

Canterbury Resources has announced a non-renounceable Share Purchase Plan to raise up to $0.75 million at a discounted price of 2 cents per share, offering eligible shareholders a chance to increase their holdings without brokerage fees.

Forrestania Resources has successfully raised $8.6 million through a placement priced at a 21.7% premium, signaling strong investor confidence as it advances multiple gold projects.

Emerald Resources NL has posted a record after-tax profit of A$87.6 million for FY25, driven by robust gold prices and steady output at its Okvau Gold Mine. The company also reported significant resource expansions at its Memot and Dingo Range projects, while achieving a debt-free status.