Latest Mining And Exploration News

Black Cat Syndicate has awarded the Fingals open pit mining contract to Mineral Mining Services, initiating mobilisation and targeting an initial 120,000 ounces of gold production at its Kal East operation.

Antilles Gold initiates a $650,000 share placement to fund working capital and prepare for a major $29.5 million EPC contract with Xinhai Mining, advancing the Nueva Sabana copper-gold mine development in Cuba.

Caprice Resources has confirmed further high-grade gold intercepts and new mineralised zones at its Island Gold Project, extending known mineralisation and boosting confidence ahead of a fully funded Phase 4 drilling campaign.

Peel Mining Limited has updated its mineral resource estimates, highlighting a robust 22.9 million tonnes at 2.20% copper equivalent across its South Cobar Project. The company is advancing pre-feasibility studies and exploration drilling at key deposits, positioning itself as a significant player in the Cobar Basin copper hub.

WIN Metals Ltd has secured a binding agreement to acquire the high-grade Radio Gold Mine in Western Australia, positioning itself for near-term gold production with existing infrastructure and promising resource upside.

Antilles Gold progresses its Cuban mining ventures with a key EPC contract signing and ongoing financing talks, focusing on the Nueva Sabana and La Demajagua projects. The company confirms stable resource estimates and outlines upcoming development milestones.

Kuniko Limited has announced a $2.03 million pro-rata entitlement offer, issuing new shares and free options to existing shareholders to support its expansion in battery metals exploration and development in Norway.

Variscan Mines has expanded its Novales-Udias zinc project in Spain with two new exploration licenses and reported promising underground drilling results at the Udias Mine, signaling strong potential for resource growth and mine restart.

Mt Malcolm Mines has completed significant drilling at its Golden Crown and Dumbarton prospects, revealing high-grade gold intercepts and securing nearly $2 million in funding to support ongoing exploration.

Eastern Metals Limited has progressed its strategic acquisition of Raptor Resources while completing an initial capital raise and divesting a royalty interest, positioning itself for growth in copper exploration.

Akora Resources has renewed its key Bekisopa exploration tenement and appointed Peter Bird as CEO, strengthening its path toward developing a high-grade iron ore mine in Madagascar. The project enjoys strong local and government support amid infrastructure upgrades.

Western Gold Resources has signed a pivotal 24-month toll milling agreement, advancing its Gold Duke Project towards near-term production amid rising gold prices and a recent capital raise.