Latest Minerals And Mining News

Sheffield Resources announces the novation of a secured loan facility to a Yansteel-related party, maintaining existing terms while progressing debt restructure negotiations for Kimberley Mineral Sands.

Centaurus Metals has achieved a key milestone with the granting of the Jaguar Nickel Sulphide Project mining lease and bolstered its copper-gold portfolio through the acquisition of the Rio Novo tenure, setting the stage for accelerated development and exploration in Brazil’s Carajás Mineral Province.

Cosmo Metals has identified two promising volcanic massive sulphide targets within the Mt Everest – Mona corridor at its Bingara Project, setting the stage for the first drilling campaign in this historically underexplored VMS belt.

Star Minerals has received mining approval for its Tumblegum South Gold Project and commenced grade control drilling, setting the stage for production in early 2026 amid rising gold prices.

RareX Limited has achieved a major regulatory milestone with the granting of a Mining Lease for its Cummins Range Project in Western Australia, significantly reducing development risk and paving the way for focused metallurgical optimisation and mine planning.

Sheffield Resources has negotiated a waiver and deferral on senior loan repayments for its Thunderbird Mineral Sands Mine, while ongoing discussions with lenders aim to restructure project finance amid uncertain shareholder funding.

Star Minerals has received mining approval for its Tumblegum South Gold Project, setting the stage for mining to commence in early 2026. With robust production targets and a key partnership in place, the project is poised to advance swiftly.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Chalice Mining’s Pre-Feasibility Study confirms the Gonneville Project as a long-life, low-cost critical minerals mine in Western Australia, projecting A$4.7 billion pre-tax free cashflow over 23 years with rapid payback.

Mandrake Resources has inked a binding agreement with DISA Technologies to recover uranium and critical minerals from abandoned mine waste across its expansive Utah Project, tapping into a growing US government-backed market.

Terrain Minerals has successfully converted key tenements to a mining licence at its Smokebush Gold Project, setting the stage for a maiden JORC resource estimate targeted for mid-2026. A significant drilling campaign is underway, with results expected early next year.

Kingston Resources has launched a new drilling campaign at its Mineral Hill Mine, deploying two rigs to target high-grade extensions and near-mine discoveries. Early assays from Long Panel rock chips show promising copper grades, underpinning the company’s growth ambitions.