Latest Australian Mining Sector News

Paterson Resources has completed a $1.7 million capital raise, positioning itself to launch an 8,500-meter drilling campaign at its Grace Gold-Copper Project in Western Australia’s Paterson Province. This program aims to upgrade the project’s resource classification and support a mining lease application.

Sabre Resources reports significant exploration advances with anomalous rare earth, uranium, and critical metals results across multiple Northern Territory projects, underpinning plans for imminent drill testing.

Cadoux Limited has made significant progress in its High Purity Alumina (HPA) front-end engineering design and advanced the Minhub rare earths feasibility study, positioning itself strongly in the evolving critical minerals market.

Surefire Resources reports robust drilling results at its Yidby Gold Project alongside promising assays from its Victory Bore critical minerals deposit, supported by a $1.54 million capital raise.

Auravelle Metals reports exceptional high-grade gold results from its initial drilling at South Australia's Nuckulla Hill Project, alongside ongoing exploration efforts in Western Australia and a successful capital raise.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Dundas Minerals advances its gold exploration with AI-driven targeting at the vast Gerry Well Greenstone Belt, appoints new Managing Director Jonathan Downes, and secures $1.12 million in fresh funding.

Cosmo Metals has kicked off its first drilling program in nearly 30 years at the Spring Creek prospect in NSW, backed by a $2 million capital raise and government funding to advance exploration across its NSW and WA projects.

Catalina Resources has reported significant gold and rare earth element mineralisation from its Laverton drilling campaigns and secured a 100% interest in the Beasley Creek Gold Project, positioning itself for growth in Western Australia’s mineral sector.

Zenith Minerals has validated a large-scale gold system at its Red Mountain project and initiated its largest ever drilling campaign at Consolidated Dulcie, backed by a strong A$11.15 million capital raise.

Aurum Resources has announced a significant 50% increase in gold resources at its Boundiali project in Côte d’Ivoire, alongside ongoing aggressive drilling and a strong financial position following a $35.6 million strategic placement.

MinRex Resources reports promising rare earth element and titanium dioxide results from its maiden drilling at the Fraser Range Project, while extending its option to acquire a 50% stake until January 2026.