Latest Mining Companies News

Orezone Gold Corporation has announced a transformative acquisition of the Casa Berardi gold mine in Quebec, marking its entry into a Tier 1 mining jurisdiction and significantly boosting production and cash flow.

Ragusa Minerals has significantly expanded its Purple Pansy Manganese-Gold Project in Arizona by acquiring 201 additional tenements, enhancing its strategic landholding and exploration potential in a critical minerals hotspot.

Aura Energy has attracted a C$10 million investment from MMCAP and strategic partners, valuing its Swedish Häggån polymetallic project at C$50 million and spinning it into a new Canadian-listed entity.

SSH Group Ltd reports a robust half-year performance with revenue up 25%, operational advances in gold projects, and a new strategic partnership enhancing its mining capabilities.

TerraCom Limited has successfully completed a $60 million entitlement offer, surpassing its initial $40 million underwriting and demonstrating strong support from substantial shareholders and management.

Eagle Mountain Mining has launched a Placement Options Offer for 61.3 million options attaching to recent placement shares, potentially raising $1.23 million upon exercise. The offer supports ongoing exploration and strategic initiatives in Arizona copper projects.

Yari Minerals has appointed seasoned coal geologist Courtney Taylor as Executive Director and incoming Managing Director to spearhead the Rolleston South Coal Project’s next phase. This leadership change marks a strategic pivot as the company prepares for feasibility studies.

Wia Gold has appointed mining veteran Henk Diederichs as Managing Director and CEO, signaling a strategic shift as the Kokoseb Gold Project in Namibia moves toward a Definitive Feasibility Study.

AuKing Mining has secured $1.5 million through a two-stage share placement, including free-attaching options, to fund exploration and strategic growth initiatives.

Amanda Lacaze, the CEO who transformed Lynas Rare Earths from a struggling startup to an ASX50 powerhouse, has announced her retirement. The company is now searching for a new leader to guide its next growth phase.

Magnetic Resources NL reports promising diamond drilling results at its Lady Julie North 4 gold deposit, indicating potential to expand the current 1.94 million ounce resource with significant underground extensions.

Capstone Copper Corp. has been hit by a strike at its Mantoverde mine in Chile, with Union #2 representing 22% of the workforce initiating industrial action that could reduce production by up to 30%. The company is committed to resolving the dispute through dialogue while maintaining safe operations.