Latest Metals And Mining News

Zimplats Holdings Limited reported a strong financial rebound in FY2025, with revenue up 8% and net profit surging 393%, even as mined volumes dipped and no dividend was declared.

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.

Cyclone Metals Limited's shares have been suspended from trading on the ASX due to a non-compliant announcement, leaving investors in limbo until a suitable update is provided.

MRG Metals Limited has seen its MRQOD securities suspended from ASX trading pending regulatory compliance, raising questions about the company’s next steps.

European Lithium Ltd reports robust 2024 diamond drill results from its Tanbreez Rare Earth Project in Greenland, confirming consistent high-grade rare earth mineralisation with significant heavy rare earth content and promising associated metals.

Andean Silver Limited has announced the discovery of multiple high-grade silver-gold veins just 1km from its Cerro Bayo processing mill in Chile, setting the stage for a significant resource expansion and advancing plans for a mining restart.

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.

Iltani Resources reports robust assay results from recent drilling at its Orient East silver-indium deposit, revealing wide, high-grade mineralisation and prompting an expanded drilling program that delays the maiden resource estimate to late 2025.

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.

Dundee Precious Metals has secured the Bosnian Competition Council's approval, clearing a major regulatory hurdle in its planned acquisition of Adriatic Metals. The deal now moves closer to completion pending shareholder and court approvals.

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.