Latest Mining Companies News

Rio Tinto has officially ended merger discussions with Glencore, citing an inability to reach a deal that benefits shareholders. The decision underscores Rio Tinto’s disciplined approach to long-term value creation.

North Stawell Minerals has announced key leadership changes, with Campbell Olsen stepping up as Non-Executive Chairman and Bill Reid joining as an Executive Director amid a critical growth phase.

Orion Minerals has been selected for the prestigious 2026 BHP Xplor accelerator program, receiving US$500,000 in equity-free funding and access to BHP’s global expertise to advance its South African exploration projects.

Australian Pacific Coal Limited’s Dartbrook Mine has entered receivership, with the company now assuming no residual value in the asset. Despite this, AQC maintains solvency and continues to explore its options amid ongoing financial challenges.

Altair Minerals has raised $13 million to fund a major drilling campaign at its Greater Oko Project in Guyana, aiming to explore one of the world's most promising and consolidated gold belts.

Macro Metals Limited has advanced its strategic position by securing export access at Utah Point and acquiring a 27.3% stake in the Extension Iron Ore project, setting the stage for growth in FY26.

Kaiser Reef Limited reported a robust December quarter with nearly 7,000 ounces of gold produced at Henty, a 29% increase in gold reserves, and a strengthened cash position of A$43.1 million.

Orion Minerals reported a December 2025 quarter marked by significant cash outflows offset by fresh financing, including a major convertible loan and ongoing talks with Glencore for substantial project funding.

Orion Minerals is finalising a major financing and offtake agreement with Glencore, advancing its transition to a mining company with first copper and zinc concentrate expected by late 2026.

Dateline Resources progresses its Colosseum Gold-REE Project with a Bankable Feasibility Study on track for March completion, securing $35 million in funding and expanding drilling to explore rare earth elements.

NT Minerals Limited reported a mixed cash flow quarter ending December 2025, with ongoing operational losses offset by strong investing inflows and a solid funding buffer. The company signals confidence in continuing operations despite tight liquidity.

Ragusa Minerals has executed a binding agreement to acquire a majority interest in the Purple Pansy manganese-gold project in Arizona, expanding its landholding and raising $600,000 to fund exploration.