Latest Mining And Exploration News

QGold Pty Ltd has launched an unconditional on-market takeover offer for all shares of Venus Metals Corporation Limited at a 21% premium, providing shareholders with immediate cash liquidity. The offer, backed by a substantial funding arrangement, signals potential strategic shifts for Venus Metals.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s silver-lead-zinc mine reveals significant high-grade mineralisation, prompting a strategic pause for downhole EM surveys to refine exploration targets.

Latitude 66 Limited has executed binding option and joint venture agreements to acquire an 80% interest in the Laverton Gold Project, featuring a 13,500-ounce gold resource and immediate drilling underway.

Askari Metals has completed its acquisition of the Nejo Gold and Copper Project in Ethiopia, gaining a strategic foothold in a prolific gold-copper belt. With active exploration underway and strong financial backing, the company is poised to accelerate resource development.

New Frontier Minerals advances its Harts Range heavy rare earths project with imminent drilling and secures a strategic alliance to develop its NWQ copper assets, positioning itself strongly in critical minerals supply.

Winsome Resources has reported strong assay results from its 2025 drilling campaign at the Adina Lithium Project in Quebec, confirming thick, high-grade near-surface lithium mineralisation and advancing resource confidence ahead of a Feasibility Study.

Atomic Eagle Limited has begun trading on the ASX following a transformative merger, backed by a strong $20 million cash position to advance uranium exploration in Zambia. The company’s renewed strategy targets resource expansion at its flagship Muntanga Uranium Project.

Sunstone Metals has announced a significant 33% increase in the Bramaderos Gold-Copper Project resource to 3.6 million ounces gold equivalent, alongside expanded exploration targets that hint at further growth potential.

Krakatoa Resources has launched an offer of over 237 million new options linked to its recent $3.1 million placement, aiming to reward investors and advisors while providing potential future capital. The options are exercisable at $0.02 each before September 2028, with no immediate funds raised from the issue.

AustChina Holdings has raised $1.5 million through a private placement with Bluestone Energy, aiming to accelerate acquisitions and exploration across its energy and mineral projects.

White Energy Company Limited has launched a $3.5 million entitlement offer to fund exploration across its copper projects, with drilling already underway at the Specimen Hill site in Queensland. The company is leveraging AI and advanced geophysics to target high-grade copper zones, aiming for a near-term discovery.

Dalaroo Metals has appointed seasoned mining executive John Morgan as CEO, signaling a strategic push to advance its exploration projects across multiple continents. His performance-linked incentives align leadership rewards with shareholder value creation.