Latest Mine Operations News

Arafura Rare Earths has completed the second tranche of its A$80 million capital raising, issuing over 51 million shares and raising approximately A$9.8 million. The company is also progressing a share purchase plan aimed at raising an additional A$5 million.

Delta Lithium has commenced drilling at its expansive Yinnetharra Lithium Project while preparing a resource update for Mt Ida that includes promising rubidium co-product potential.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

Petratherm’s Phase 3 drilling at the Muckanippie Project reveals a significant extension of high-grade titanium mineralisation at Rosewood and discovers a new heavy mineral sands zone at Echo.

Austral Gold has lowered its 2025 production forecast for the Guanaco Mine following a workplace fatality that halted key processing operations. The company has also sold equity holdings to bolster cash flow amid operational disruptions.

Argent Minerals has awarded a contract for further diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver zones. With regulatory approvals secured, drilling is set to begin shortly, aiming to expand the resource amid strong silver prices.

Theta Gold Mines Limited has released an optimised feasibility study for its TGME Gold Mine Project, revealing a substantial increase in project value with a 14.5-year life of mine and US$1.2 billion in free cash flow.

Baumart Holdings has recorded a nearly $1 million impairment on its mining equipment due to halted diamond mining operations and no clear plans for asset redeployment.

Riversgold has partnered with MEGA Resources to fully fund and operate mining at its Northern Zone Gold Project near Kalgoorlie, sharing profits equally and aiming to commence mining in early 2026.

Lode Resources has reported promising early exploration results at its Montezuma Silver & Antimony Project in Tasmania, revealing high-grade assays and expanding its land holdings in a critical minerals hotspot.

Toubani Resources has reported promising drill results extending gold mineralisation beyond the current Kobada resource estimate, highlighting potential for resource growth both near surface and at depth.