Latest Australian Mining Sector News

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

Perenti’s underground mining arm, Barminco, has locked in a $500 million contract extension at the Agnew Gold Mine, reinforcing a decade-long partnership with Gold Fields and promising steady earnings.

Catalyst Metals has received the final environmental approval to begin mining at its Trident Gold Project, marking a key step in its plan to double production at the Plutonic Gold Belt.

Koonenberry Gold has expanded the known strike of the Sunnyside gold system at its Enmore Project in NSW to over 230 metres, with visible gold observed in seven of nine drill holes. The company plans further drilling, supported by a strong cash position, to explore the system’s full potential.

Adelong Gold has locked in a binding agreement to acquire the Lauriston Gold Project, boasting exceptional high-grade gold mineralisation adjacent to the world-class Fosterville Mine. The acquisition, backed by a $3 million capital raise, positions Adelong to rapidly expand its Victorian gold portfolio.

Mt Malcolm Mines NL is set to begin a fully funded 3,000-metre RC drilling program targeting high-grade gold at its Golden Crown and Dumbarton prospects near Leonora, aiming to define a maiden JORC resource and advance development plans.

Nexus Minerals Limited has updated its exploration progress with significant gold resources at Wallbrook and Pinnacles projects, alongside promising new discoveries and ongoing drilling campaigns.

Emmerson Resources has expanded the White Devil gold deposit resource by 25% to over 611,000 ounces and initiated advanced exploration techniques including a drone magnetic survey and a new drilling program.

Eastern Metals has agreed to sell its 1.5% net smelter royalty on the Thomson Project to Red Hill Minerals for $220,000 cash, marking a strategic monetisation of its residual interest in the asset.

Adelong Gold is set to begin a significant diamond drilling campaign at its Apollo Gold Project in Victoria, aiming to extend high-grade gold mineralisation in the Dig Fault Zone. The program follows all approvals and a contract with GMP Exploration Drilling, with results expected to shape future resource modelling.

Warriedar Resources has announced a maiden antimony Mineral Resource Estimate at its Ricciardo deposit, establishing the largest open-pit antimony resource in Australia and doubling its gold equivalent resource.

Everest Metals has secured a $50,000 CSIRO Kick-Start voucher to conduct advanced geochemical studies on rubidium, lithium, and caesium at its Mt Edon project, aiming to enhance recovery processes and exploration targeting over nine months.