Latest Mining And Minerals News

Bayan Mining and Minerals Limited has confirmed promising high-grade Carlin-style gold mineralisation at its 100% owned Bayan Springs Projects in Nevada, with rock chip assays up to 4.56 g/t Au and strong geochemical signatures.

Vertex Minerals has raised approximately A$11 million to accelerate underground mining at its high-grade Hill End Gold Project, targeting production by July 2025. The capital raising includes a share placement, convertible loan, and a Share Purchase Plan, positioning the company for strong margins amid a robust gold price environment.

Redcastle Resources’ latest assays confirm expanded high-grade gold mineralisation at the Kestrel Lode and significant deep mineralisation at Redcastle Reef, underpinning upcoming resource updates and advancing development plans.

Vertex Minerals has made significant strides in commissioning its Reward Gold Mine gravity plant and preparing for underground mining, while also securing a US OTCQB listing to broaden its investor base.

Viridis Mining and Minerals has announced a landmark 140% increase in its Colossus Project's rare earth resource, now the largest and highest-grade ionic adsorption clay deposit worldwide. A recent Scoping Study confirms the project's exceptional economics and low-cost profile, positioning it as a global leader in rare earth production.

Ionic Rare Earths reports major strides in sustainable magnet recycling and heavy rare earth projects, backed by strategic partnerships and a sharp reduction in losses.

Burgundy Diamond Mines has released its 2024 Mineral Resources and Ore Reserves update for the Ekati diamond mine, showing minor depletion consistent with active mining operations. The report underscores the mine’s continued operational strength and adherence to industry standards.

Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

Latitude 66 Limited’s March 2025 quarterly report highlights a compelling Scoping Study for its flagship KSB Gold-Cobalt Project in Finland, confirming strong economics and promising expansion potential. Concurrently, exploration advances at KSB North and Edjudina, alongside strategic corporate developments.

SSH Group Ltd reported a robust $45.1 million positive cash flow this quarter, secured preferred tenderer status for the Gold Duke Project, and signed a term sheet to acquire Total Contract Mining, signaling strategic expansion.

Mount Hope Mining has extended its known mineralisation zones at Black Hill and Mount Hope East, triggering a new geophysical survey and advancing towards its maiden drilling program.

Bayan Mining and Minerals Limited has launched a focused field exploration program at its Pepita Gold Project in southern Brazil, aiming to refine high-priority drill targets based on a significant soil anomaly. This initiative positions the company to potentially follow up on promising regional gold discoveries nearby.