Latest Mining Companies News

Mount Hope Mining has identified compelling new drill targets at its Mt Hope Project in NSW, following a detailed electromagnetic survey. The company plans a targeted drilling campaign later this year to test these promising zones.

Orion Minerals has increased its capital raising to A$8.6 million following additional commitments from sophisticated investors, signaling growing confidence in the company’s prospects.

Theta Gold Mines has withdrawn its Base Case production target from its recent feasibility study due to reliance on an inferred mineral resource, raising questions about the reliability of its forward-looking projections.

Felix Gold Limited has been found in breach of ASX continuous disclosure rules after delaying the announcement of a U.S. federal site visit to its Alaska antimony project, prompting an internal review of its disclosure policies.

West Wits Mining Limited has presented a robust update on its flagship Qala Shallows gold project, showcasing a strong Definitive Feasibility Study and secured senior debt funding, targeting first gold production in early 2026.

Rumble Resources has successfully completed a non-renounceable entitlement offer, raising nearly A$2 million despite a modest 39% take-up on entitlements and a significant scale-back on shortfall applications.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Gold Mountain Limited has voluntarily suspended trading on the ASX pending an announcement that will update the issue price of a recent capital raising placement.

Kingsgate Consolidated has secured a six-week extension on the arbitral award deadline under the Thailand-Australia Free Trade Agreement, following political changes in Thailand including a new Prime Minister appointment.

Australian Pacific Coal Limited has delayed its full year accounts due to missing financial data from its Dartbrook mine subsidiary, leading to a trading suspension from October 1.

Wia Gold Limited has completed a Scoping Study for its Kokoseb Gold Project in Namibia, confirming its potential as a long-life, economically viable open pit mine with strong financial metrics and a clear path to development.

Power Minerals confirms a high-grade carbonatite hard rock intrusion at its Santa Anna Rare Earth Elements Project in Brazil, with promising grades and ongoing drilling aimed at defining a maiden resource estimate.