Latest Australian Mines News

Accent Resources NL has struck a deal to sell its Norseman Gold Project for up to A$4 million in cash, while keeping iron ore and platinum group element rights and securing a royalty stream on future mineral production.

Australian Mines (ASX: AUZ) has expanded its exploration footprint at the Boa Vista Gold Project in Brazil, uncovering 14 additional prospective gold targets beyond its flagship VG1 prospect. Four priority targets are advancing toward drill readiness as the company aims to evolve Boa Vista into a district-scale opportunity.

Riversgold has been granted a 21-year mining lease for its Northern Zone Gold Project near Kalgoorlie, clearing a major hurdle for development and triggering full funding from Mega Resources under a profit-sharing agreement.

Piche Resources has identified extensive high-grade rare earth mineralisation enriched in critical magnet rare earth elements across a 30 km strike at its Ashburton Project, alongside significant uranium prospects.

Rimfire Pacific Mining’s initial metallurgical tests at the Murga Scandium Deposit reveal promising scandium recoveries using atmospheric leaching, a less complex method than industry norms. The company has launched longer-term tests to validate these findings, potentially reshaping the economics of its Fifield scandium resources.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate at its Rosewood Titanium Project, boasting 463 million tonnes at 8.8% heavy minerals, positioning it among the world’s top heavy mineral sand deposits.

Australian Mines appoints Andrew Nesbitt as Managing Director and adds two new Non-Executive Directors, while unveiling a 1-for-5 share consolidation and director incentives linked to key project milestones.

Leeuwin Metals has inked a non-binding MOU with Bain Global Resources and MEGA Resources to explore development, funding, and operational pathways for its 342,300oz Marda Gold Project in WA.

Javelin Minerals has locked in a $1.5 million strategic placement to mining executive David Geraghty at a 9.5% premium to its last share price, boosting exploration funding for key WA gold projects.

Macarthur Minerals has approved a joint venture where Gold Valley assigns half its interest in the Lake Giles Ularring Hematite Project to Destec, bringing fresh operational expertise to the venture while Macarthur retains full ownership of its tenements.

Zenith Minerals’ latest 10-hole RC drilling campaign at its Consolidated Dulcie Gold Project validates mineralisation continuity and extends gold lodes beyond previous resource limits, setting the stage for a more ambitious follow-up drilling program.

Stavely Minerals has made significant progress on its Scoping Study for the Thursday’s Gossan and Cayley Lode copper-gold-silver deposits, capturing a large portion of its 60Mt resource and evaluating multiple processing throughput scenarios.