Latest Australian Mining Sector News

Carnaby Resources reports a significant off-hole electromagnetic conductor at its Trekelano prospect alongside robust copper-gold drill results, advancing its Greater Duchess Project in Queensland towards a Pre-Feasibility Study.

Patronus Resources (ASX – PTN) reveals a robust financial position with $81 million in cash and investments against a $106 million market cap, underpinned by 2.3 million ounces of gold equivalent resources across Western Australia and Northern Territory.

Legend Mining has officially surrendered its tenure over the Rockford Joint Venture tenements, marking the conclusion of its partnership with IGO Limited on this significant exploration project.

Spartan Resources Limited will be removed from the S&P/ASX 200 index following its acquisition by Ramelius Resources, with Infratil Limited stepping in as its replacement.

Athena Resources has partnered with Warradarge Energy and Fenix Resources to launch the Mid West Green Iron Project, aiming to produce sustainable green iron using ultra-high-grade magnetite and renewable hydrogen in Western Australia.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

SSH Group has raised $2.75 million in a placement anchored by mining sector heavyweight Ross Stewart Norgard, aiming to accelerate its mining services expansion in Western Australia.

Tambourah Metals has appointed seasoned geologist Terry Topping as CEO to spearhead development of its Pilbara and Bryah gold projects alongside the Speewah North antimony asset.

RareX Limited has partnered with Gega Elements to develop Australia’s inaugural integrated gallium supply chain, aiming to reduce reliance on Chinese supply and boost national critical mineral resilience.

The court has approved the merger scheme between Aston Minerals and Torque Metals, making it legally effective and suspending Aston’s trading. Shareholders will soon receive Torque shares in exchange for their Aston holdings.

Greenvale Energy has appointed seasoned resources executive Alex Cheeseman as CEO, signaling a strategic push to expand its resource base and enhance shareholder value.