Latest Australian Mining News

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

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.

Magmatic Resources has completed the first stage of acquiring the Weebo Gold Project in Western Australia, securing key exploration licenses and gearing up for immediate drilling programs.

Peak Rare Earths has satisfied a critical Tanzanian mining licence condition and secured regulatory consent, advancing its proposed acquisition by a Shenghe subsidiary. The deal still awaits shareholder and further regulatory approvals.

Perenti’s underground mining arm, Barminco, has won a significant three-year contract with Westgold Resources at the Great Fingall project, boosting its Australian mining portfolio and promising steady revenue growth.

Ark Mines has launched a detailed metallurgical improvement program at its Sandy Mitchell Rare Earth and Heavy Minerals project, aiming to refine processing techniques and expand its resource base. The work supports a Pre-Feasibility Study due early next year.

Gibb River Diamonds has successfully completed a heritage survey over the proposed open pit at its Neta Prospect, removing a key obstacle to mining development within the Edjudina Gold Project. The project moves closer to production with mining costs borne by a private contractor.

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.

Western Yilgarn NL has secured the Cardea 3 Bauxite Project in Western Australia's Darling Range, adding a significant high-grade bauxite asset near its Julimar Project. Historical drilling confirms strong alumina grades and strategic infrastructure access.

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.