Latest Mining And Exploration News

Magnum Mining has confirmed that its Piracanjuba Prospect hosts an Ionic Adsorption Clay rare earth element system, revealing high recoveries of strategic metals under mild leaching conditions. This discovery could pave the way for a large-scale, low-cost rare earth operation in Brazil’s Azimuth REE Project.

Dart Mining NL has reported record assay results for gold, silver, and antimony from its ongoing drilling at the Banshee prospect in Central Queensland, extending mineralisation and advancing towards a maiden resource estimate.

Capricorn Metals has secured the Extension Hill and Mungada tenements adjacent to its Mt Gibson Gold Project, aiming to boost exploration potential in a prolific Western Australian gold belt.

Alkane Resources Limited reported a significant jump in Q2 2026 production and revenue following its acquisition of Mandalay Resources, reaffirming its full-year guidance amid strong operational performance.

Titanium Sands Limited has responded to ASX inquiries following a sharp share price drop and increased trading volume, confirming no undisclosed price-sensitive information. The company highlighted an unrelated Sri Lankan Supreme Court petition on illegal mining near its pending Mannar Island project.

South32 Limited reported a 29% rise in profit for the half year ended December 2025, driven by higher base and precious metals prices and solid operational performance. The company declared a fully-franked interim dividend and maintained its FY26 production guidance, while advancing key projects and managing portfolio transitions.

Magnum Mining’s initial drilling at its Azimuth REE Project in Brazil reveals extensive near-surface rare earth mineralisation, hinting at a major ionic adsorption clay discovery with promising grades and scale.

Dart Mining NL has acquired the Skarn Ridge Copper-Gold and Mt Bauple Graphite projects in southeast Queensland for AUD 25,000, adding two exploration permits to its growing portfolio. This strategic move strengthens Dart’s regional presence and exploration pipeline in a historically mineral-rich area.

Western Mines Group is set to commence a major Phase 5 drilling campaign at its Mulga Tank nickel project, targeting high-grade zones and expanding its resource base with a mix of reverse circulation and diamond drilling.

Advance Metals has revealed compelling results from historic core sampling at its Yoquivo Silver-Gold Project, highlighting extensive high-grade mineralisation and potential for both underground and bulk tonnage resources. An upgraded JORC resource estimate is imminent.

Kairos Minerals has been granted a 21-year mining lease for its 1.4 million ounce Mt York Gold Project in Western Australia, marking a pivotal step towards advancing the project into production.

Magnum Mining and Exploration has completed its acquisition of the Wet Mountain Rare Earth Element Project in Colorado, marking a significant step in its U.S. critical minerals strategy. The project boasts historic surface assays up to 7.99% Total Rare Earth Elements, with exploration plans underway.