Latest Mining And Exploration News

FireFly Metals reports outstanding high-grade copper-gold intersections from its aggressive six-rig drilling campaign at the Green Bay Project, aiming to expand and upgrade its mineral resources significantly.

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.

Magnum Mining and Exploration Limited has launched a $1.9 million non-renounceable entitlement offer to fund its key projects, alongside significant board changes aimed at conserving cash.

Savannah Goldfields Limited has launched a $14 million capital raising to fund the restart of gold mining operations at its Agate Creek and Georgetown projects, backed by cornerstone investors including Wes Maas.

Patriot Lithium has kicked off its 2025 exploration programme in Zambia, focusing on detailed fieldwork at the Kitumba Copper Project as part of due diligence for a strategic option agreement.

Catalyst Metals Limited is ramping up exploration in the historically underexplored Plutonic Gold Belt, aiming to boost annual gold production from 110,000 to 200,000 ounces. With a robust cash position and a $40 million drilling program underway, the company is poised to unlock significant new resources.

DGR Global Limited's December 2024 quarterly report reveals active exploration progress, ongoing legal disputes over Armour Energy, and strategic financing initiatives aimed at sustaining growth.

M3 Mining advances exploration at its Victoria Bore and Edjudina projects with promising high-grade gold and copper findings, supported by a solid cash position of $1.9 million.

Talga Group has achieved critical milestones with environmental permits and a 25-year mining concession for its Nunasvaara South graphite mine, alongside securing a €70 million EU Innovation Fund grant for its Luleå Anode Refinery, positioning it at the forefront of Europe's battery materials supply chain.

True North Copper has successfully recapitalised following voluntary administration, securing a strong balance sheet and pivoting to an aggressive exploration strategy at its key Queensland copper projects.