Latest Mining Companies News

Coronado Global Resources posted a strong operational rebound in Q2 2026, returning to positive EBITDA and advancing a strategic reset at its Curragh mine while completing Buchanan expansion.

Hot Chili Limited expands its Costa Fuego copper-gold project with significant drilling success at La Verde, underpinning a strong Preliminary Feasibility Study and strategic water infrastructure plans.

FireFly Metals has delivered a fresh wave of high-grade copper and gold drilling results at its Green Bay project in Canada, setting the stage for an updated Mineral Resource Estimate and a Preliminary Economic Assessment due by the end of August 2026.

Aura Energy has locked in a commercially proven processing flowsheet for its Tiris Uranium Project and signed a non-binding MOU with a major nuclear utility, aiming for a binding agreement and Final Investment Decision by year-end 2026.

Far East Gold has boosted its stake in the Idenburg Gold Project to 51%, revealing a 44% increase in inferred gold resources to 780,000 ounces. The company’s Independent Board Committee advises shareholders to reject an unsolicited takeover bid from Xingye Gold, which an expert deems undervalues the company.

Hot Chili Limited is accelerating development at its La Verde copper-gold deposit in Chile, reporting strong drilling results and securing an additional US$15 million via an amended royalty agreement with OR Royalties. The company is progressing environmental assessments and pre-feasibility studies for the broader Costa Fuego project while maintaining a robust cash position.

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.