Latest Mining Developments News

Podium Minerals has confirmed robust platinum group metals mineralisation extending to 500 metres depth at Parks Reef, reinforcing the project's scale and growth potential amid supportive market fundamentals.

Toubani Resources (ASX: TRE) has launched the retail tranche of its fully underwritten A$70 million entitlement offer at A$0.30 per share, following a successful institutional raise, to fund the Kobada Gold Mine’s construction and exploration.

Fenix Resources has secured crucial regulatory and environmental approvals for its Beebyn-W10 iron ore mine, adjacent to Beebyn-W11, forming the Beebyn Hub. This milestone underpins the company’s 3-Year Production Plan aiming for up to 6 million tonnes per annum by FY28.

Aurelia Metals (ASX: AMI) exceeded its FY26 gold production guidance, delivering 50.4koz of gold and reporting its highest quarterly operating cash flow since 2018. The company also secured a new $150 million financing facility, bolstering liquidity as it advances key growth projects.

Aguia Resources has reported exceptional multi-ounce gold grades from underground channel sampling at its Santa Barbara Gold Project in Colombia, alongside ongoing shaft construction and mine development.

PC Gold has settled the purchase of a 64-room accommodation camp near its Spring Hill Gold Project, cutting capital costs and enabling faster operational ramp-up. The company also announced a 500,000 performance rights issue to align employee incentives with key project milestones.

Javelin Minerals' latest RC drilling at Eureka in WA affirms shallow high-grade gold continuity and extends mineralisation along strike, with resource open down-plunge and key permits secured.

Perpetual Resources has completed its first on-site technical assessment of the Nevada Scheelite Tungsten Project, validating key geological features and historical infrastructure. Six rock chip samples have been collected for assay, with results awaited as the company advances its technical work program.

Nelson Resources has kicked off metallurgical testing on samples from its high-grade Orleans Mine and completed underground rehabilitation, setting the stage for a follow-up core drilling program to extend known mineralisation at the Gold Point Project in Nevada.

OD6 Metals has transformed its portfolio with the acquisition and rapid expansion of the Quinn Fluorspar Project in Nevada, revealing extensive high-grade mineralisation and advancing metallurgical and permitting work.

Evolution Mining has delivered on its FY26 guidance with record cash flows and a fully unhedged portfolio, while setting a stable operational outlook for FY27 amid inflationary pressures.

Predictive Discovery Limited (ASX:PDI) is making a strategic US$10 million investment to acquire a 12.3% stake in Awalé Resources, targeting gold exploration growth in Côte d'Ivoire’s Odienné Project.