Latest Freehill Mining (ASX:FHS) News

Freehill Mining Ltd reported a challenging quarter ending June 2025 with net cash outflows from operations, but anticipates improved revenues from its Chilean operations as it ramps up activity.

Freehill Mining is progressing towards restarting operations at its Yerbas Buenas magnetite mine with a targeted six-month timeline, while exploration at the adjoining El Dorado project reveals promising magnetite and copper-gold potential.

Freehill Mining is progressing plans to restart mining at its Yerbas Buenas magnetite project in Chile, backed by promising bulk sampling results and a staged permit extension strategy.

Freehill Mining Limited has successfully raised approximately $509,736 through a near-complete entitlement offer, signaling strong shareholder confidence in its expansion plans across Chile’s aggregates and magnetite sectors.

Freehill Mining has expanded its footprint in Chile’s La Serena region by securing a third site to increase aggregate production capacity, supporting major infrastructure projects and funding future magnetite mining operations.

Freehill Mining has successfully produced a high-grade 65.75% iron concentrate from a 400kg bulk sample at its Yerbas Buenas Mine in Chile, setting the stage for a potential restart of magnetite mining operations.

Freehill Mining has produced a high-grade magnetite concentrate of approximately 66% iron from its Yerbas Buenas mine bulk sample, setting the stage for renewed mining operations in Chile.

Freehill Mining is set to boost its Chilean operations with a second processing site launching in June, alongside advancing magnetite sampling and copper-gold exploration projects.

Freehill Mining reported a constrained cash position for Q1 2025 but has taken decisive steps with a new Chile lease and capital raises to strengthen its financial footing and operational outlook.

Freehill Mining reported a seasonal slowdown in sales and logistical challenges in Q3 FY2025 but strengthened its position with a new site acquisition and a $700,000 capital raise to fuel growth in Chile’s construction materials market.

Freehill Mining Ltd’s December quarter cash flow report reveals a $114,000 net cash outflow from operations but highlights a solid liquidity position with $301,000 in unused financing facilities.

Freehill Mining has reported a record-breaking December quarter with gross sales doubling to $954,000 and a significant improvement in operating cash flow, positioning the company for sustained growth in 2025.