Latest Mining And Infrastructure News

Asra Minerals has executed a binding agreement to acquire the remaining 49% interest in the Mt Cutmore prospects, consolidating full ownership of a significant gold resource within the prolific Leonora North Gold Project.

Sierra Nevada Gold (ASX: SNX) has acquired 100% ownership of the historic New Pass Gold Mine in Nevada, extinguishing royalties and setting the stage for trial mining of its high-grade Superior Vein.

Yari Minerals has agreed to acquire the Rolleston South Coal Project, adding a JORC-compliant inferred resource of 78.9 million tonnes in Queensland’s Bowen Basin. The deal includes shares and performance rights, with plans to expand and upgrade the resource through drilling.

Greenwing Resources advances its lithium and graphite projects with a maiden 1.07 Mt LCE resource at San Jorge and a $3.5 million equity raise to fuel growth.

Adriatic Metals has announced a A$80 million equity raising aimed at fast-tracking the expansion of its Vares Silver Operation in Bosnia and Herzegovina, supporting increased production capacity and strengthening its balance sheet.

Matsa Resources has reported a standout high-grade gold intercept of 12.98g/t at its Fortitude North project, confirming a second lode structure and reinforcing its exploration model of multiple stacked mineralised lodes.

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.

Northern Minerals reports a 15% increase in its Wolverine Deposit resource and secures $28 million in funding, advancing its Browns Range heavy rare earths project amid ongoing feasibility studies.

Cokal’s joint venture partner PT Petrindo has secured significant financing to develop its metallurgical coal mine and shared infrastructure, promising enhanced transport capacity and cost efficiencies for Cokal’s BBM project.

KGL Resources announces the resignation of CEO Phillip Condon, with Chairman Jeff Gerard stepping in as Executive Chairman during the search for a new leader. The company remains focused on advancing the Jervois Copper Project’s feasibility and independent technical reviews.

Emmerson Resources has formed a strategic alliance with CuFe and Tennant Minerals to explore a multi-user processing facility at Tennant Creek, while advancing a 5,000m drilling program and securing funding to support growth through 2026.