Latest Metals And Mining News

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Austral Resources Australia Ltd reported a steep increase in half-year losses to $24.17 million, driven by discontinued operations, while advancing key acquisitions and debt restructuring efforts.

OM Holdings reported a slight revenue increase in the first half of 2025 but faced a loss due to falling ferrosilicon prices, while maintaining strong cash flow and preparing key asset sales.

IGO Limited has reported a dramatic downturn in its financial results for the year ended June 2025, with revenue plunging 60% and a net loss nearing $1 billion. The company also suspended dividends as net tangible assets per share fell sharply.

High-Tech Metals Limited has successfully completed the placement of the shortfall from its recent entitlement issue, raising approximately $1 million before costs through new shares and listed options.

Everest Metals Corporation has raised $4 million through a share placement to advance its gold and critical minerals projects in Western Australia, including pioneering rubidium extraction technology.

SSH Group has completed a $2.75 million placement and secured quotation of new options, positioning itself to accelerate growth across its mining, civil, and construction divisions.

MAC Copper has sent out its Scheme Circular detailing the proposed acquisition by Harmony Gold, setting the stage for shareholder votes on August 29, 2025. The MAC board unanimously recommends approval in the absence of a superior offer.

Venus Metals Corporation has made significant progress at its Bellchambers Gold Project with the granting of a mining lease and encouraging drilling results, while advancing base metals exploration at Youanmi.

Resolution Minerals is set to begin its first exploration program at the Horse Heaven Project in Idaho, targeting gold, antimony, silver, and tungsten near a major US mining operation.

High-Tech Metals Limited has appointed Tyler Formica to its board following a $2.5 million capital raise, while the company begins its search for a new CEO after not extending Warren Thorne's contract.

Lode Resources has announced a maiden Mineral Resource Estimate for its Webbs Consol project in New South Wales, revealing a high-grade silver equivalent resource of 32 million ounces. The estimate confirms the project's potential with strong grades and promising metallurgical recoveries.