Latest Mining And Resources News

Polymetals Resources has identified a promising new zone of massive sulphide mineralisation south of its Endeavor Mine, prompting plans to accelerate exploration efforts.

VRX Silica Limited has secured four binding offtake contracts for 410,000 tonnes per annum of silica sand from its Arrowsmith North project, representing nearly half of its initial production capacity and marking a significant commercial milestone.

Manuka Resources has raised A$15 million to accelerate production at its Wonawinta Silver Mine and fund exploration drilling at Mt Boppy and Pipeline Ridge in New South Wales.

Larvotto Resources reports strong first-pass diamond drilling results at its Blacklode Prospect within the Hillgrove Project, revealing wide zones of high-grade gold and antimony mineralisation. These findings underpin plans for a resource upgrade and signal promising exploration upside near existing infrastructure.

Brightstar Resources has reported strong assay results from its recent diamond drilling at the Yunndaga deposit, reinforcing plans for an underground mine and resource upgrade within the Menzies Gold Project.

BMG Resources has reported promising first-phase drilling results at its Bullabulling Gold Project, intersecting multiple high-grade gold lodes and identifying potential extensions from a neighbouring 2.3 million ounce gold mine. The company plans an extensive follow-up drill program in 2025 to further define these discoveries.

TG Metals Limited reports multiple high-grade gold intercepts from its maiden drilling at the Tasman Pit within the Van Uden Gold Project, reinforcing plans to extend the pit and update resource models.

Hawk Resources Limited has had its trading suspension lifted immediately following a significant announcement about an acquisition and capital raising, signaling renewed momentum for the mining company.

Brightstar Resources has reported a remarkable 91% increase in gold production at its Laverton underground mines for the September quarter, setting a new company record. The ramp-up at the Fish mine and ongoing exploration efforts signal strong growth potential.

Ryzon Materials has agreed to capitalise its entire secured debt by issuing shares and options, a move that could reshape its capital structure and support progress on its Nachu graphite project.

Polymetals Resources has advanced its Endeavor Mine ramp-up, producing over 15,000 tonnes of concentrates and scheduling its first zinc shipment. The company also reduced debt and strengthened its cash position, signaling progress toward steady-state operations.

Locksley Resources has expanded the Desert Antimony Mine target at its Mojave Project by 400%, revealing a new parallel structural zone and boosting the project's potential as a critical U.S. minerals hub.