Latest Mining Agreements News

Orpheus Uranium has gained crucial consent from the Adnyamathanha native title holders for a mining agreement that clears the way for drilling at its Frome and Maree uranium projects in South Australia.

Javelin Minerals has locked in a $25 million mining and funding agreement with MEGA Resources, boosting its Eureka Gold Project resources and setting sights on production by mid-2026. The company also raised $4.5 million to accelerate exploration at its key WA gold assets.

Genesis Minerals delivered a record 72,878 ounces of gold in the September quarter, surpassing guidance and generating a robust A$166 million cash build. The company’s ASPIRE 400 growth strategy advances with key approvals and exploration success, setting the stage for sustained expansion.

Fenix Resources has achieved a record quarter with 885,000 wet metric tonnes shipped and locked in a transformative 30-year mining rights agreement with Baowu over the Weld Range Iron Ore Project, positioning itself for significant growth.

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

Kairos Minerals has finalized a pivotal mineral rights agreement with Pilbara Minerals, granting it extensive rights over key Pilbara licences and setting the stage for a significant drilling campaign to expand its Mt York gold resource.

Kairos Minerals has reported strong drilling results at its Mt York Gold Project, extending the high-grade ‘Monster Zone’ gold mineralisation both deeper and 250 metres east. The company is boosting its Stage 1 drilling program to 30,000 metres, aiming to expand and upgrade its resource base.

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.

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.

Lunnon Metals has formalized an Ore Purchase Agreement with Gold Fields subsidiary St Ives Gold Mining, setting the stage for development of the high-grade Lady Herial gold deposit. The agreement outlines a 70, 30 free cash flow split and awaits shareholder and regulatory approvals.

Global Lithium Resources Limited has clarified that recent spikes in its share price and trading volume are linked to previously announced project developments, not undisclosed information.

Legacy Iron Ore has completed a major drilling campaign at its Mt Celia project and is progressing metallurgical studies to define its processing strategy, setting the stage for updated resource estimates and development plans.