Latest Mining And Exploration News

Beacon Minerals has agreed to sell its Mt Dimer tenements to Forrestania Resources for A$50,000, marking a strategic move to focus on core assets and reduce costs.

Capricorn Metals has secured the Yalgoo Project, significantly enlarging its Mt Gibson Gold Project tenure and setting the stage for new exploration in 2026.

The Northern Finland Administrative Court has overturned Kingsrose Mining’s exploration permit for the Penikat Project due to procedural errors by the regulator, delaying planned drilling until at least April 2026. Kingsrose remains confident in the project’s long-term potential despite the setback.

Red Mountain Mining has reported encouraging exploration outcomes at its Utah Antimony Project, prompting a significant expansion of its claim holdings. The results reinforce the company's geological model and set the stage for an aggressive exploration campaign.

Middle Island Resources has appointed Peter Spiers as CEO, aiming to accelerate exploration and development of its Serbian projects with his extensive industry expertise.

Pinnacle Minerals announces a strategic leadership reshuffle, appointing William Witham as Managing Director and CEO, Stephen Ross as Non-Executive Chairman, and welcoming Jay Stephenson to the board.

Magnum Mining has entered a binding agreement to acquire the Wet Mountains Rare Earth Element Project in Colorado, featuring exceptional historic surface assays up to 7.99% total rare earth elements. The acquisition marks a strategic step into the US critical minerals sector with significant exploration upside.

Lunnon Metals reports significant high-grade gold assay results from the Lady Herial deposit, confirming promising mineralisation below and within the planned open pit. The company advances towards regulatory approvals and a final investment decision.

Strickland Metals has announced a maiden inferred mineral resource of 1.2 million ounces of gold at its Gradina Deposit in Serbia, boosting the Rogozna Project’s total resource to 8.6 million ounces gold equivalent. The deposit remains open for expansion, setting the stage for further growth in 2026.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Venus Metals Corporation has issued a firm recommendation to reject QGold Pty Ltd’s unsolicited $0.17 per share takeover offer, arguing it undervalues key assets and offers no premium. The board highlights significant upside potential in its portfolio and warns shareholders against accepting an opportunistic bid.

Lindian Resources has launched drilling at the North Knoll prospect near its Kangankunde Rare Earths Project, aiming to confirm high-grade NdPr-rich mineralisation that could boost early-stage production and lower costs.