Latest Mining Companies News

Golden State Mining announces key executive departures and cost-saving measures as part of a strategic cash preservation plan.

Kali Metals Limited has successfully completed a placement raising approximately A$1.2 million through the issuance of new shares at A$0.14 each, reinforcing its capital position amid ongoing exploration efforts.

Chrysos Corporation reported a robust FY25 with 46% revenue growth and an 80% jump in EBITDA, driven by expanding adoption of its PhotonAssay technology and a landmark contract with gold giant Newmont. The company projects further growth in FY26 with revenue guidance of $80-90 million.

Catalyst Metals has secured Federal Court orders correcting a minor disclosure error in its FY24 report, validating prior cleansing notices and paving the way for trading to restart.

Resolution Minerals and Snow Lake Resources have mutually agreed to halt their proposed transaction over the Horse Heaven Project, citing commercial disagreements despite no material due diligence issues.

MAC Copper Limited reported a 10% revenue decline but narrowed its net loss by 25% in HY25, achieving record daily copper production and advancing its acquisition by Harmony Gold.

Cadence Capital Limited reported a $6.3 million profit and a 3.4% fund gain for FY25, driven by strong gold sector performance. The company announced a 3.0 cent final dividend with a dividend reinvestment plan and on-market buy-back.

Aspermont launches its new Mining-IQ data platform, partners with Rio Tinto to digitize historic mining archives using AI, and raises A$1.75 million from European investors to fuel growth.

Scorpion Minerals has completed a significant field sampling program at its Pharos Gold Project in Western Australia, with assay results expected soon after laboratory delays. The company plans follow-up drilling targeting historic high-grade zones along a major shear corridor.

Hastings Technology Metals has completed its acquisition of Great Western Gold, gaining a major stake in the Whiteheads Gold Project near Kalgoorlie. The company aims to define a maiden JORC resource by Q4 2025, leveraging extensive historical data and near-term drilling plans.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

Sky Metals Ltd has confirmed its recent trading halt was requested pending a material capital raising announcement, affirming compliance with ASX disclosure rules.