Latest Mining And Exploration News

Impact Minerals has identified substantial sulphate clay deposits at its Salmon Gums Project, defining an Exploration Target of up to 4.3 million tonnes with significant potash content, advancing plans for fertiliser and acid production.

Magnum Mining and Exploration is set to launch a substantial 10,000-metre auger drilling program at its Piracanjuba prospect in Brazil, aiming to define a maiden resource for its promising ionic adsorption clay rare earth element deposit.

Lion Selection Group Limited has reported a robust half-year profit of $36.6 million, driven by strategic investments in Australian mining companies amid a resurging resources boom. The company also declared a fully franked dividend, signalling confidence in its portfolio and market outlook.

Magnum Mining confirms multiple copper-gold mineralised trends at its Parker Project in Arizona, setting the stage for drill testing after completing a comprehensive surface sampling program. Engagement with US regulators is underway to fast-track permits for drilling at Eagle Nest and Red Breccia.

DeSoto Resources has identified a substantial 9km-long artisanal gold mining zone at its Koba Project in Guinea’s Siguiri Basin, with high-grade samples up to 15.2g/t Au and ongoing exploration activities underway.

Battery Age Minerals has secured an exclusive evaluation licence with NTUitive to assess advanced germanium technologies, aligning its Austrian and US projects with downstream market specifications and sustainable processing goals.

Magnum Mining and Exploration has identified four promising gold and copper targets at its Parker Gold Project in Arizona, following an ultra-high resolution aeromagnetic and radiometric survey. The findings highlight potential extensions of historic mineralisation and set the stage for imminent drilling.

Cannindah Resources has reported significant drill results that confirm a large-scale porphyry copper-gold system at its Mt Cannindah project in Queensland, highlighting broad mineralised zones and strong geological indicators for further resource growth.

Tempest Minerals has voluntarily suspended its shares on the ASX as it finalises a significant acquisition of mining and exploration assets, with an announcement expected imminently.

Nova Minerals has signed a Scheme Implementation Deed to redomicile to the US, aiming for a primary NYSE listing while retaining a secondary ASX listing via CDIs. The move seeks to align corporate structure with its Alaskan operations and enhance access to US capital markets.

ABx Group’s maiden mixed rare earth carbonate from Tasmania’s Deep Leads resource has been confirmed radiologically safe by ANSTO, with a second, higher-grade sample expected soon. The development could open doors to key international customers and reduce regulatory complexities.

Orezone Gold Corporation reported a robust 33% increase in revenue for FY2025, underpinned by higher gold prices and the start of hard rock production at Bomboré. The company also announced a strategic acquisition of the Casa Berardi gold mine in Canada.