Latest Mining Companies News

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.

Antilles Gold’s Cuban joint venture Minera La Victoria has been designated a US Specially Designated National, forcing suspension of management and mine construction activities while the company seeks a resolution.

CuFe Limited has dramatically increased the confidence in its Gecko Copper-Gold Deposit at Tennant Creek, raising the Indicated resource category from 4% to 66%, enabling more robust economic evaluation and mine planning.

Ragusa Minerals has completed its acquisition of a controlling interest in Pegasus Tel, gaining access to the Purple Pansy manganese-gold project in Arizona, positioning itself within a critical US supply chain sector.

Great Divide Mining Ltd (ASX: GDM) has received its inaugural cash payment from concentrate sales under a 12-month offtake agreement, marking a key step from exploration to production at its Challenger Gold Mine.

Pursuit Minerals has expanded its Rio Grande Sur Lithium Project in Argentina by acquiring exclusive rights over 1,362 hectares adjacent to its Mito tenement, increasing the project area to over 10,595 hectares and enhancing its lithium brine resource potential.

Xingye Gold (Hong Kong) Mining Company Limited has opened an off-market takeover bid for Far East Gold Limited at $0.13 per share, offering a significant premium amid stalled projects and funding concerns.