Latest Mining Companies News

Celsius Resources has revealed it was not informed before Maharlika Investment Corporation assigned its loan under the Omnibus Loan and Security Agreement with Makilala Mining to an Indian firm, prompting legal and financial review.

Stanmore Resources defied a four-year low in metallurgical coal prices to deliver record saleable production and robust cash flow in 2025, while maintaining a strong safety record and advancing key development projects.

Forrestania Resources has started transporting ore from its British Hill gold deposit to the Lake Johnston processing facility, moving closer to production as plant refurbishment advances. The company is also partnering with local authorities to upgrade regional infrastructure.

49 Metals Limited has secured $10 million through its IPO to fund a detailed exploration campaign in Nevada’s Walker Lane Trend, including an 8,000-metre drilling program at the Gold Mountain project targeting high-grade gold zones.

Vita Resources has completed a $100,000 capital raise via a placement featuring a novel partly paid share class designed specifically for mining companies. This new share structure defers calls until at least 2030, offering investors flexibility and the company a unique capital management tool.

Tivan Limited has reported significant high-grade copper, gold, and cobalt assay results from surface sampling at its Baucau and Ossu Projects in Timor-Leste, reinforcing the projects’ exploration potential and setting the stage for expanded field activities.

GR Engineering Services Limited has been awarded a $68 million EPC contract by Northparkes Mining Services, a subsidiary of Evolution Mining, to upgrade the Northparkes Coarse Particle Flotation Project in New South Wales, aiming to improve copper recovery and energy efficiency.

Reward Minerals Ltd (ASX:RWD) updates on its Newfoundland projects targeting high-grade gold and copper, highlighting multiple priority targets with no historic drilling and imminent maiden drilling planned for 2026.

Native Mineral Resources has locked in a $4 million unsecured loan from a related party to finance exclusive mining rights at the Podosky Gold Project, avoiding equity dilution amid a tight funding window.

MLG Oz Ltd has announced three new and extended contracts with major mining companies, collectively expected to generate around $20 million in annual revenue. These include a five-year extension at Gruyere, a multi-site mobile crushing contract with Northern Star, and a civil construction project with Endurance Mining.

Toro Energy and IsoEnergy have agreed to extend the deadline for their acquisition scheme to June 30, 2026, alongside a $2 million bridging loan to support Toro during the extended process. The deal remains unanimously recommended by Toro’s independent board committee, pending shareholder and court approvals.

Caravel Minerals has extended its Definitive Feasibility Study (DFS) deadline by three months to September 2026 to refine critical water and environmental assessments, while maintaining its regulatory approval target for the end of 2027.