Latest Mining Development News

Titan Minerals has revealed significant new gold and silver mineralisation extensions at its Dynasty Gold Project in Ecuador, boosting prospects for resource growth and mine development.

AIC Mines Limited reported a robust FY25 with $189.6 million revenue and $15 million net profit, securing key contracts and funding for its Eloise expansion and Jericho development.

Perseus Mining has formalised key agreements with Tanzania to advance its Nyanzaga Gold Project, targeting first gold production in early 2027. The project promises low-cost output and robust returns amid ongoing resource expansion efforts.

AIC Mines has announced promising drilling results at its Jericho copper deposit in Queensland, confirming continuity in key mineralised shoots and revealing a new mineralised lens, J0, that extends over one kilometre and remains open for further exploration.

Iluka Resources reported a 31% drop in net profit for the first half of 2025, challenged by lower mineral sands prices but buoyed by strong cost controls and early project milestones.

Yancoal Australia reported a 16% rise in coal production for the first half of 2025 despite a 15% revenue decline due to softer coal prices, while sustaining a robust cash balance and declaring a fully franked interim dividend.

Almonty Industries reported a challenging Q2 2025 with a significant non-cash loss but strengthened its position through a Nasdaq listing, a major U.S. defense offtake agreement, and progress at its flagship Sangdong mine.

Venus Metals Corporation has updated its Mineral Resource Estimate for the Bellchambers Gold Deposit and Rangeview Prospect near Sandstone, revealing a notable increase in measured resources and securing a mining lease that advances the project towards development.

Euro Manganese Inc. reported a $12.8 million loss for the nine months ended June 30, 2025, while securing $11.1 million in equity financing and amending its $20 million convertible loan facility. The company highlights ongoing funding risks as it advances its manganese projects.

Evolution Mining has delivered a landmark FY25 with record profits and cash flow, tripling its final dividend, while setting a stable production and cost outlook for FY26 amid ongoing project developments and sustainability commitments.

Everest Metals Corporation has raised $4 million through a share placement to advance its gold and critical minerals projects in Western Australia, including pioneering rubidium extraction technology.

Nordic Resources has appointed Henrik Grind, a seasoned mining executive with 35 years of experience in Finland and Sweden, as Country Manager to accelerate its gold and nickel-copper projects. This strategic hire coincides with the commencement of a key drill campaign at the Kopsa gold-copper project.