Latest Mining And Exploration News

AIC Mines reported solid copper production at Eloise with significant resource upgrades at both Eloise and Jericho, despite weather-related shipment delays. The company is progressing its processing plant expansion with a contract award expected soon.

Ramelius Resources delivered a record underlying free cash flow of A$223 million in the March 2025 quarter, upgraded its full-year gold production guidance, and advanced a transformational acquisition of Spartan Resources to create a leading Australian gold producer.

Great Boulder Resources has reported further shallow, high-grade gold mineralisation at its Eaglehawk deposit within the Side Well Gold Project, confirming the prospectivity of this emerging system with strong recent drilling results.

Minerals 260 Limited has launched a $200-$220 million public offer to fund the acquisition of the Bullabulling Gold Project in Western Australia, featuring a 2.3 million ounce JORC-compliant resource. The company seeks ASX re-admission following a significant change in scale of activities.

Mt Malcolm Mines NL has reached a significant production milestone within 3.5 years of its ASX listing, generating initial revenue from gold sales while expanding its exploration footprint across multiple prospects in Western Australia's Leonora region.

Diablo Resources has unveiled a high-grade copper discovery at its newly acquired Phoenix Copper Project near the prolific Lisbon Valley Mine in Utah, with initial rock samples returning up to 45.7% copper and 219 g/t silver. The company is advancing exploration with drilling planned for 2025.

Sun Silver has appointed co-founder Andrew Dornan as Managing Director and corporate lawyer Shaun Hardcastle as Non-Executive Chairman, signaling a strategic push to advance its flagship Maverick Springs Silver-Gold Project in Nevada.

Lunnon Metals reports outstanding metallurgical test results from its Lady Herial gold prospect, achieving an average 95% gold recovery and highlighting significant gravity recoverable gold. These findings pave the way for accelerated development and potential cash flow generation.

Krakatoa Resources has provided a detailed update on its Zopkhito Antimony-Gold Project in Georgia, revealing significant exploration data and a strategic plan to advance towards JORC-compliant resources.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Magnum Mining and Exploration Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $1.94 million, aiming to fund exploration at its Palmares and Buena Vista projects. The offer includes new shares and free options, presenting both opportunity and dilution risks for shareholders.