Latest Mineral Resource Operations News

Gold Mountain Limited has announced a fully underwritten $1.5 million entitlement offer alongside a $2 million placement to accelerate exploration activities in Brazil and Papua New Guinea. The capital raising, discounted by 40% to recent share prices, is underwritten by major shareholder José Luis Manzano, who may increase his stake to nearly 20%.

Core Lithium Ltd has launched a non-underwritten equity raising to secure approximately A$60 million, aiming to advance its Finniss Lithium Project to a final investment decision. The capital raise includes a two-tranche placement and a share purchase plan, supporting operational readiness and strategic funding efforts.

Regis Resources Limited delivered a standout FY25 with record revenue and profit, driven by unhedged gold sales and underground growth, while confronting a significant legal challenge over its McPhillamys Gold Project.

Orion Minerals is advancing its Prieska Copper Zinc Mine towards production, targeting first concentrate by Christmas 2026, supported by a recent $5.8 million capital raise and ongoing project optimisation.

Horseshoe Metals is close to completing infrastructure upgrades at its Horseshoe Lights project, setting the stage for imminent copper Direct Shipping Ore operations and gold processing activities.