Latest Mining Developments News

MAC Copper Limited reported a 10% revenue decline but narrowed its net loss by 25% in HY25, achieving record daily copper production and advancing its acquisition by Harmony Gold.

Larvotto Resources has raised $10 million through a Share Purchase Plan, bolstering its financial position as it advances the Hillgrove Project toward production slated for Q2 2026.

BCI Minerals reported a $47 million net loss for FY25, driven by heavy spending on the Mardie Salt and Potash Project, while gains from the Iron Valley asset sale partially offset the hit.

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.

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.