Latest Mining And Resources News

Carawine Resources Limited’s shares have been suspended from trading following a Federal Court ruling that allows QGold Pty Ltd to compulsorily acquire all remaining shares it does not own.

Tolu Minerals has raised A$60.5 million through a well-supported institutional placement to fund exploration and refurbishment at its Tolukuma Gold Mine, signaling confidence in its growth strategy.

Capricorn Metals maintains a robust 4.0 million ounce gold reserve as of June 2025, with significant drilling success at Mt Gibson and ongoing updates planned for both Mt Gibson and Karlawinda projects in FY26.

Alara Resources has dispatched its 25th shipment of copper concentrate from the Al Wash-hi Majaza mine in Oman, marking continued steady production and export activity amid evolving logistics.

The ASX has suspended the securities of over 20 companies for failing to lodge their periodic reports on time, signaling regulatory vigilance and raising questions about compliance and market impact.

Quantum Graphite Ltd reported a significant revenue jump alongside a $4.9 million net loss for FY2025, as it pushes forward with its Uley 2 graphite project backed by major infrastructure and funding initiatives.

Trigg Minerals pivots to focus on 20 patented claims at its Antimony Canyon Project, defining a significant exploration target and unlocking a streamlined permitting path in Utah.

Metal Bank Limited (ASX – MBK) has announced a partially underwritten entitlement offer aiming to raise $2.32 million to fast-track its Western Australia gold projects and explore graphite potential in Queensland. The offer, priced at $0.014 per share, is supported by Equator Capital Management Ltd and targets existing shareholders.

Forrestania Resources has agreed to acquire four exploration licences adjacent to the Edna May Gold Mine, aiming to strengthen its position in Western Australia's Southern Cross region.

Iltani Resources has reported strong assay results from recent drilling at its Orient East project in Queensland, revealing wide zones of high-grade silver-indium mineralisation. A maiden mineral resource estimate is anticipated by mid-October, potentially reshaping the project's development outlook.

Aspermont Limited has raised an additional $891,210 through its Share Purchase Plan, complementing a recent $1.75 million institutional placement. This capital injection supports the company’s strategic pivot towards data-driven mining intelligence and AI-powered services.

Hillgrove Resources has reported significant high-grade copper and gold mineralisation extensions at its Nugent deposit within the Kanmantoo Copper Mine, enhancing resource understanding ahead of first production. Ongoing drilling and an updated resource estimate are set to shape the mine’s near-term development.