Latest Mining Companies News

Hot Chili Limited’s latest drilling at La Verde continues to reveal extensive near-surface copper-gold mineralisation, reinforcing its role as a cornerstone asset for the Costa Fuego project in Chile with a maiden resource estimate due later this year.

Xingye Gold has intensified its push for Far East Gold shareholders to accept its unconditional takeover offer by 29 July 2026, highlighting unresolved project uncertainties and disputing Far East Gold’s own strategic disclosures.

Great Southern Mining has kicked off a 1,300m diamond drilling program at Mt Dillon, the highest-priority target in its Edinburgh Park Project, backed by Gold Fields’ funding and expertise.

Celsius Resources disputes foreclosure notices from Equinaire over its 40% interest in Makilala Mining, rejecting claims of default and vowing legal defence.

Tartana Minerals has locked in a $5.18 million placement with Chinese mining giant Xingye Gold at a striking 165% premium to its last traded price, setting the stage for accelerated exploration and a new strategic partnership.

Xingye Gold has increased its takeover bid for Far East Gold to $0.15 per share, conditional on securing majority ownership by 21 July 2026, and extended the offer period to 29 July. The improved price offers a significant premium amid ongoing project and financial risks at Far East Gold.

Energy Resources of Australia faces extended uncertainty as Zentree Investments lodges an appeal against Rio Tinto’s compulsory acquisition, prolonging ERA’s delisting and share suspension.

Toubani Resources has locked in Corica Mining Services to handle mining operations at its Kobada Gold Project in Mali, advancing the project towards production with mobilisation set for late 2026 and first ore expected by mid-2027.

Tesoro Gold has accelerated its Definitive Feasibility Study and development readiness for the 1.82Moz Ternera deposit, forming strategic alliances and advancing financing plans.

Celsius Resources has struck a binding deal to offload its 95% stake in the Opuwo cobalt-copper project in Namibia to Chinalco (Xiong’an) Mining for US$15 million, freeing capital to focus on its Philippine copper-gold assets amid ongoing arbitration.

Audalia Resources (ASX: ACP) is seeking to raise $450,000 through a placement of 15 million shares at 3 cents each, aiming to fund the Medcalf project’s progression and shore up working capital.

Perenti's underground mining arm Barminco has landed a A$275 million contract at Barrick's Fourmile Project in Nevada, marking a strategic expansion in North America's hard-rock mining sector.