Latest Mining And Exploration News

Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a pivotal step in its Lake Carey Gold Project. The company also advances its AngloGold Option Agreement and outlines ambitious exploration and development plans.

Middle Island Resources has initiated its first reverse circulation drilling campaign at the Bobija Project in western Serbia, aiming to unlock polymetallic gold, silver, copper, lead, and zinc mineralisation beneath a historic open pit mine. This drilling marks a key step in advancing the company’s strategic acquisition of Konstantin Resources and its foothold in a prolific mineral province.

Ballard Mining’s latest exploration update reveals a surge in gold targets at its Mt Ida Project, with promising drilling results and a new mineralised trend boosting prospects ahead of a Maiden Ore Reserve in 2026.

Magnum Mining and Exploration Limited has had its trading suspension lifted following a key announcement on capital raising, reopening the stock to market activity.

Magnum Mining and Exploration Limited has voluntarily suspended trading of its shares pending a significant capital raise announcement, signaling a pivotal moment for the company.

North Stawell Minerals reports compelling high-grade gold grab samples and promising soil geochemistry at its Darlington Project, reinforcing the potential for significant mineralisation along the Darlington-Caledonia trend.

Peel Mining Limited has launched a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares following a $16.25 million placement. The move aims to bolster funding for exploration and corporate initiatives while giving retail investors a chance to participate.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Gorilla Gold has reported compelling high-grade drill results at its Mulwarrie Gold Project in Western Australia, setting the stage for an ambitious resource expansion drilling campaign starting November 2025.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Black Cat Syndicate has unveiled new, exceptionally high-grade gold lodes at its Paulsens Gold Operation, including a standout 5-meter intercept grading 90.55 grams per tonne. This discovery could accelerate resource growth and production plans at the underground mine.