Latest Australian Mining Sector News

Diatreme Resources has formalised a negotiation framework with the Gulaal People, setting the stage for collaborative development of its Northern Silica Project while prioritising cultural heritage and community benefits.

MinRex Resources has completed a key drilling campaign at its Fraser Range Copper-Gold Project in Western Australia, with assay results due next month. The company also strengthened its cash position through a Loyalty Option Offer, positioning itself for further exploration.

Vysarn Limited has delivered record financial results for FY25, driven by strong demand across its water services segments and successful integration of key acquisitions. The company is poised for further growth in FY26, expanding its national footprint and advancing strategic projects.

Red Hill Minerals has revealed a significant 4-kilometre strike length of chargeability anomalies at its Anabama copper-gold target in South Australia, following a detailed Induced Polarisation survey. The findings align closely with historic drilling and set the stage for imminent drilling campaigns.

Peako Limited halted field exploration in the June quarter due to seasonal and logistical challenges, surrendered two tenements, and announced the resignation of its CEO, while maintaining a solid cash position.

Middle Island Resources reports progress on its Northern Territory and Queensland projects, highlighting new exploration targets and a solid cash position as it plans next drilling phases.

Lachlan Star Limited reports promising maiden drilling results at its Killaloe Gold Project in Western Australia and initiates copper-gold drilling at North Cobar, NSW, while securing permits for further Basin Creek exploration.

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.

Bubalus Resources has identified compelling Fosterville-style geophysical targets at its Crosbie North prospect, supported by high-grade rock chip samples. A 1000-metre diamond drill program is set for Q3 2025 to test these promising gold-antimony zones.

Sunshine Metals has launched an advanced scoping study targeting 95,000 ounces of gold and 652,000 ounces of silver at its Liontown project in North Queensland. The study aims to optimise extraction from multiple high-grade resource domains, with metallurgical test results expected in August 2025.

Magnetic Resources NL’s Feasibility Study confirms a robust standalone development for its Lady Julie Gold Project in Western Australia, projecting over 1 million ounces of gold production across nine years with strong financial returns.

Strata Minerals reports promising maiden drilling results at its Penny South Gold Project and high-grade sampling at Biranup, backed by a government co-funded drilling grant and fresh capital raise.