Latest Mining And Minerals News

Burgundy Diamond Mines has released an updated Life of Mine plan for its Ekati Diamond Mine, extending operations through 2040 with robust economics from the Fox Underground Project. The update includes revised resource and reserve estimates and a deferred Point Lake open pit mining schedule.

Bayan Mining and Minerals Limited has responded to ASX queries about recent unusual trading activity, confirming no undisclosed material information. The company attributes the price and volume surge to market speculation and news from nearby projects in the rare earth elements sector.

Bayan Mining and Minerals Limited reports ongoing exploration progress across its North American projects, with key assay results pending and valuable geological data shaping future plans.

Vertex Minerals has initiated underground mining at its Reward Gold Mine, marking a significant shift to high-grade gold extraction. The company is progressing steadily with infrastructure and mining fronts to sustain continuous production.

Lindian Resources has secured a major expansion of its mining licence in Malawi, setting the stage for a significant scale-up of its Kangankunde Rare Earths Project. This regulatory win, coupled with a strategic partnership with Iluka, could transform Lindian into a key player in the global rare earths market.

Resolution Minerals has received a non-binding $225 million offer from NASDAQ-listed Snow Lake Resources for its Horse Heaven Project in Idaho, signaling potential major shifts for the company’s US operations.

Black Cat Syndicate has awarded the Fingals open pit mining contract to Mineral Mining Services, initiating mobilisation and targeting an initial 120,000 ounces of gold production at its Kal East operation.

Perpetual Resources has raised $1.6 million to accelerate exploration of lithium and caesium deposits in Brazil, following promising initial drilling results at its Igrejinha project.

Vertex Minerals has made significant strides at its Reward Gold Mine, commencing gravity plant operations and preparing for underground mining with first high-grade ore expected in Q3 2025. The company also secured firm commitments for an A$11 million capital raise to support its development plans.

Viridis Mining and Minerals has been selected for up to US$903 million in Brazilian government funding to advance its Colossus Rare Earth Project, while delivering Brazil’s first locally sourced rare earth oxides and posting robust Pre-Feasibility Study results.

Bayan Mining and Minerals Limited reports promising Carlin-type gold mineralisation at its Nevada projects alongside strategic expansions and a $750,000 capital raise to fuel ongoing exploration.

Bayan Mining and Minerals Limited has announced a loyalty options offer, granting shareholders one option for every four shares held, exercisable at $0.075 until late 2027. This move aims to incentivize shareholder engagement while potentially raising capital.