Latest Mining Companies News

Somerset Minerals (ASX – SMM) is advancing its Coppermine Project in Canada with promising maiden drill results and a $4 million placement to fund expanded exploration.

Kincora Copper Limited advances its project generator model with six asset-level partnerships unlocking over A$110 million in funding, supported by a C$4 million private placement led by prominent North American investors. The company ramps up drilling and exploration activities, particularly at its 100% owned Condobolin project.

Adriatic Metals shareholders have overwhelmingly approved Dundee Precious Metals’ recommended acquisition scheme, clearing a major hurdle toward completion. Key regulatory approvals are in place, with the final court sanction hearing scheduled for late August.

VHM Limited has appointed Andrew King as CEO and Benjamin McCormick as CFO to spearhead the critical next stage of its Goschen Rare Earths Project development, while outgoing CEO Ron Douglas transitions to a non-executive role.

Robex Resources Inc reported a substantial net loss for the first half of 2025, reflecting operational challenges and legal settlements, while advancing financing and construction of its key Kiniéro gold project in Guinea.

Orezone Gold Corporation has successfully completed its initial public offering on the ASX, raising A$75 million to fund expansion at its Bomboré Mine. The company's CHESS Depository Interests started trading under the ticker 'ORE' on August 8, 2025.

Resouro Strategic Metals announces the immediate resignation of CEO Alistair Stephens, with Executive Chairman Christopher Eager stepping in as interim CEO. The company also plans to appoint a new Chairman to strengthen its leadership team.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Belararox Limited is set to begin a 3,000-metre drilling program at its Kareng West licence in Botswana’s Kalahari Copperbelt, aiming to unlock new copper-silver discoveries in a highly prospective region.

Vigorous Resources has secured over 94% of Rey Resources shares and initiated compulsory acquisition, setting the stage for Rey's imminent ASX delisting.

Celsius Resources reports steady progress on the MCB Copper-Gold Project feasibility and engineering design, while engaging multiple parties in financing discussions including a new memorandum of understanding with Kiri Industries.

Energy Transition Minerals Ltd has been reinstated to the ASX following a capital raising and the strategic acquisition of the Penouta Tin-Tantalum-Niobium Mine in Spain.