Latest Australian Mining Sector News

Adavale Resources (ASX:ADD) has reported the identification of several high-quality near-mine gold targets at its London-Victoria Gold Mine within the Parkes Gold-Copper Project, NSW, supported by soil geochemistry and drone magnetics. The company plans to commence drilling shortly to test these targets, including a high-priority anomaly at Victoria South with peak soil gold values up to 600ppb Au.

KGL Resources has locked in a US$300 million streaming agreement with Wheaton Precious Metals, marking a pivotal step in funding the Jervois Copper Project in Australia's Northern Territory. This deal provides significant upfront capital without traditional debt constraints, positioning KGL for copper production growth.

Antipa Minerals has significantly expanded and upgraded its Minyari Project resource in Western Australia, now boasting 3.6 million ounces gold equivalent with a robust 85% Indicated classification at its core Minyari Dome deposits.

AIC Mines has launched an ambitious 2026 drilling campaign targeting 12 prospects near its Eloise copper mine, aiming to uncover transformational copper and gold deposits to boost production.

WIN Metals has significantly bolstered its Radio Gold Project by acquiring the fully permitted Princess Royal Gold Mine and securing an exclusive option for the Stumpy Doodle Gold Mine, both promising high-grade gold potential and streamlined development pathways.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

Greatland Resources has released a Mineral Resource Estimate for its O’Callaghans deposit, confirming it as one of the world’s largest high-grade tungsten resources, enriched with copper, zinc, and lead.

North Stawell Minerals (ASX:NSM) has reported promising high-grade gold drilling results and exploration progress at its North Stawell Gold Project, highlighting significant potential along the Stawell Mineralised Corridor in Victoria.

Saturn Metals has appointed global engineering firm Ausenco to complete the Definitive Feasibility Study for its Apollo Hill Gold Project, aiming to advance the development of a major new gold operation in Western Australia.

Waratah Minerals reports significant new high-grade gold intersections at its Spur Gold Project in New South Wales, extending known mineralisation and accelerating its drilling program with nine rigs active.

Marmota Limited has finalised the drill program design for its Target 4 uranium prospect at Junction Dam, targeting a previously untested palaeochannel extension near Boss Energy’s Jason resource. The company also addresses a legal challenge to its tenement, reinforcing its strong position ahead of a major exploration push.

Astral Resources reports strong assay results from its recent drilling at the Spargoville Gold Project, revealing significant high-grade gold mineralisation and expanding known deposits. Concurrent drilling at Mandilla advances resource confidence ahead of a major update later this year.