Latest Mining Expansion News

Catalyst Metals has completed its acquisition of the Old Highway Gold Project, setting the stage for a significant expansion across multiple mining sites in Western Australia.

SSH Group has raised $2.75 million in a placement anchored by mining sector heavyweight Ross Stewart Norgard, aiming to accelerate its mining services expansion in Western Australia.

Diablo Resources has identified four promising copper targets within its Phoenix Copper Project in the prolific Lisbon Valley Mining District, setting the stage for drilling in Q3 2025 amid a bullish copper market.

Catalyst Metals has received the final environmental approval to begin mining at its Trident Gold Project, marking a key step in its plan to double production at the Plutonic Gold Belt.

AXP Energy has completed a successful 60-day gas-to-power trial at its Pathfinder Field, delivering 1.5 MW of off-grid power and generating maiden natural gas revenue. The company is accelerating its expansion plans, backed by NASDAQ-listed BitFuFu, aiming to scale operations to 25 MW by year-end.

EcoGraf Limited has advanced its vertically integrated battery anode materials business with a US$105 million loan mandate for the Epanko Graphite Mine, expanded mining licences, and progress in purification technology and community initiatives.

Nickel Industries delivered a robust US$97.3 million Adjusted EBITDA in Q1 2025 despite production challenges and a declining nickel price. Key milestones include approval to nearly double Hengjaya Mine’s ore sales quota and a strategic deferral of substantial ENC acquisition payments.

Adriatic Metals has announced a two-tranche institutional placement to raise A$80 million, aiming to fast-track the expansion of its Vares Processing Plant and strengthen its balance sheet ahead of commercial production.

Deterra Royalties Limited reported a solid half-year profit of $63.9 million despite iron ore price pressures, supported by strong production volumes and gold offtake performance. The company declared a fully franked interim dividend of 9.0 cents per share and maintains robust liquidity for strategic investments.

South32 reported a robust US$360 million net profit for H1 FY25, driven by strong commodity prices and operational execution, while investing heavily in growth projects like Hermosa and returning US$169 million to shareholders.

Brightstar Resources has entered a strategic earn-in agreement with Cazaly Resources, allowing Cazaly to earn up to 80% of the Goongarrie Gold Project by funding $3 million in exploration. This move streamlines Brightstar’s portfolio, enabling a sharper focus on advancing key development projects.

Metro Mining Limited delivered record bauxite shipments in Q4 2024, alongside a successful debt restructure and strong EBITDA margins, positioning the company for growth amid rising market prices.