Latest Mining And Resources News

LCL Resources Limited faces suspension from ASX trading due to failure to lodge a required periodic report on time, raising questions about the company’s compliance and operational transparency.

De.mem Limited has completed its $3 million acquisition of Core Chemicals, a specialty chemical supplier to Western Australia's gold mining sector, significantly expanding its market footprint and boosting pro-forma EBITDA to $1.6 million.

Western Gold Resources has confirmed strong grade continuity and mineralisation at its Gold Duke Project, underpinning a positive Decision to Mine. The comprehensive drilling program supports robust cash flow forecasts and a rapid project payback.

Tolu Minerals has secured a $60.5 million capital raise and appointed Dr Chris Muller as CEO, setting the stage for a production restart at Tolukuma Gold Mine in the second half of 2026 alongside a major drilling program.

Polymetals Resources has reported a fatal underground incident at its Endeavor Mine in NSW, resulting in two deaths and a suspension of operations as investigations proceed.

Thor Energy reported a transformative quarter with standout natural hydrogen and helium exploration results at its HY-Range Project, alongside significant asset sales that strengthen its financial position.

Kingston Resources reported a 10% revenue increase to $15.8 million in Q1 FY26, driven by higher gold and silver output and successful flotation plant commissioning. Underground mining preparations are advancing, setting the stage for a production ramp-up.

Alara Resources has dispatched its 28th shipment of copper concentrate from its Oman mine, marking the highest monthly shipment volume to date with over 4,000 wet metric tonnes shipped in October 2025.

Nagambie Resources has restarted diamond drilling at its Nagambie Mine, targeting new high-grade antimony-gold lodes east of its current resource, supported by a $1.2 million capital raise and strategic board appointment.

Greenwing Resources has launched a Stage 2 Scoping Study to explore restarting and expanding its Graphmada Graphite Mine in Madagascar, aiming to meet rising global demand and strategic supply challenges.

Central Iron Ore Limited has filed an updated NI 43-101 Technical Report for its British King Gold Project in Western Australia, revealing a significant resource upgrade and confirming strong metallurgical performance.

Theta Gold Mines has launched a significant capital raising initiative combining a $12 million placement, a $2 million share purchase plan, and a $32 million cornerstone investment, all accompanied by attaching options subject to shareholder approval.