Latest Mining And Exploration News

New Hope Corporation has updated its 2025 coal resources and reserves, highlighting a significant increase at West Muswellbrook due to a new geological model, while overall reserves remain steady.

Tolu Minerals Limited reported a $6.7 million loss for the half-year to June 2025, doubling last year’s deficit as it invests heavily in refurbishing the Tolukuma Gold Mine and expanding exploration. A recent $27.25 million capital raise aims to fund these ambitious development plans.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Winsome Resources has identified multiple new high-grade cesium and lithium mineralisation zones at its Sirmac-Clapier Project in Quebec, setting the stage for drilling later this year.

Emmerson Resources and Tennant Mining have formalised the White Devil Gold Project as a Major Mine JV, with Emmerson retaining a 40% contributing interest. Meanwhile, the Golden Forty deposit shifts to a Small Mines JV, providing Emmerson with a royalty stream.

Astral Resources reports strong initial assay results from its Theia Deposit in-fill drilling, confirming broad gold mineralisation and exceptional high-grade zones that align closely with existing resource models.

Black Cat Syndicate has integrated strong grade-control drilling results from its Fingals deposit into mine plans, with mining set to begin late September 2025. Concurrently, the Lakewood processing plant is undergoing key upgrades to support ongoing production.

Adelong Gold has locked in a $1.25 million strategic investment from Nova Minerals and Barclay Wells clients, enabling accelerated exploration at its NSW and Victorian gold-antimony projects.

Minerals 260 Limited has reported exceptional high-grade gold intercepts at its Bullabulling Gold Project, prompting a significant increase in its drilling program from 80,000 to 110,000 metres. The new results reinforce the potential to expand the current 2.3 million ounce resource and support an updated Mineral Resource Estimate by December 2025.

GreenX Metals has identified the Mid-European Crystalline Zone beneath the historic Richelsdorf copper mines in Germany, revealing a likely primary source of copper mineralisation and significantly boosting exploration potential at its Tannenberg Project.

Bayan Mining and Minerals Limited has launched a pro-rata non-renounceable entitlement offer of Loyalty Options to existing shareholders, aiming to raise $33,319 initially with potential future capital of $2.5 million if options are exercised. The offer highlights shareholder rewards alongside significant risks including dilution and geopolitical factors.

High-Tech Metals Limited has appointed James Merrillees as CEO to spearhead exploration and production at its Mt Fisher and Mt Eureka gold projects, aiming to unlock significant value in Western Australia’s Northern Goldfields.