Latest Exploration And Mining News

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IRIS Metals has agreed to sell its Kookynie Gold Project to Arika Resources, securing cash and equity to fuel its lithium ambitions in the US. This strategic move realigns IRIS’s portfolio towards critical minerals while retaining exposure to Kookynie through Arika shares.
Maxwell Dee
Maxwell Dee
28 Aug 2025
Sandfire Resources Ltd reported a 26% surge in FY25 revenue to US$1.176 billion alongside a 46% rise in underlying EBITDA, driven by robust copper production and operational resilience despite severe weather disruptions. The company also slashed net debt by US$273 million, setting the stage for further growth in FY26.
Maxwell Dee
Maxwell Dee
28 Aug 2025
Tungsten Mining's review of historic drilling at Mt Mulgine's Camp pits reveals significant shallow gold mineralisation, reinforcing its dual gold-tungsten development strategy. The findings open avenues for new gold zones at depth, promising early cash flow alongside tungsten resource growth.
Maxwell Dee
Maxwell Dee
28 Aug 2025
Chrysos Corporation reported a robust FY25 with 46% revenue growth and an 80% jump in EBITDA, driven by expanding adoption of its PhotonAssay technology and a landmark contract with gold giant Newmont. The company projects further growth in FY26 with revenue guidance of $80-90 million.
Maxwell Dee
Maxwell Dee
26 Aug 2025
Bayan Mining and Minerals Limited has secured $3.27 million through a strategic placement to fast-track exploration at its Desert Star projects in California’s Mojave Desert, positioning itself near major rare earth and gold mining operations.
Maxwell Dee
Maxwell Dee
25 Aug 2025
Scorpion Minerals has completed a significant field sampling program at its Pharos Gold Project in Western Australia, with assay results expected soon after laboratory delays. The company plans follow-up drilling targeting historic high-grade zones along a major shear corridor.
Maxwell Dee
Maxwell Dee
21 Aug 2025
TG Metals reports encouraging assay results from historical stockpiles and secures approvals for in-pit drilling at its Van Uden Gold Project, aiming to unlock near-term cash flow opportunities.
Maxwell Dee
Maxwell Dee
20 Aug 2025
Syrah Resources’ Mozambican graphite operation receives a $6.5 million loan disbursement from the US DFC, with further funding contingent on a critical loan restructure planned for September.
Maxwell Dee
Maxwell Dee
19 Aug 2025
CuFe Ltd announces a remarkable 400% increase in its Gecko copper-gold resource at Tennant Creek, boosting the total project resource to 24.3 million tonnes. This comprehensive update integrates decades of historical data and expands the deposit’s economic potential with byproduct metals.
Maxwell Dee
Maxwell Dee
18 Aug 2025
Mount Ridley Mines has announced a capital raising of up to $830,388 through a placement and a pro-rata rights issue, aiming to fund ongoing projects and explore new mining opportunities.
Maxwell Dee
Maxwell Dee
15 Aug 2025
Laramide Resources Ltd. reported a reduced net loss of CAD 1.05 million for H1 2025, converting USD 3.5 million of debt into equity and securing a $12 million private placement to bolster its uranium exploration projects.
Maxwell Dee
Maxwell Dee
15 Aug 2025
Benz Mining Corp. has raised A$30 million through a bought deal placement, enabling a significant ramp-up in drilling at its Glenburgh Gold Project in Western Australia. The company plans to deploy four rigs to explore both bulk tonnage and high-grade gold targets.
Maxwell Dee
Maxwell Dee
13 Aug 2025