Latest Mining Exploration And Development News

Cavalier Resources has initiated a 5,000m extensional drilling program at its Crawford Gold Project, aiming to expand mineral resources and underpin future mining stages backed by a robust Pre-Feasibility Study.

Altamin Limited has successfully closed the institutional tranche of its 45-for-100 entitlement offer, raising $3.43 million with full participation from its major shareholder, the Victor Smorgon Group. The retail offer opens on 29 September, presenting shareholders with a chance to invest at the same price.

Adavale Resources has updated its prospectus to reflect a $3.1 million capital raise through share placements and director participation, reinforcing its funding position amid ongoing exploration efforts.

Rumble Resources has launched a $9 million capital raise to accelerate development at its Western Queen gold and tungsten projects, targeting near-term production by late 2026. The company also highlights significant resource upgrades and seeks partners for its Earaheedy base metals project.

PolarX Limited has voluntarily suspended its ASX-listed securities as it finalizes a capital raising, aiming to lift the suspension by 8 September with a market announcement.

Talius Group Limited has reported a significant turnaround in its financial performance for the half-year ending June 2025, with revenue rising 21% and net losses shrinking by nearly two-thirds.

Orezone Gold Corporation reveals promising high-grade drill results beneath existing pits at its Bomboré Gold Mine, highlighting potential for significant resource expansion and production increase.

Peel Mining Limited has announced the immediate resignation of its Managing Director and CEO, James (Jim) Simpson, marking a significant leadership change for the company.

GBM Resources has appointed Daniel Hastings as its new CEO, bringing 25 years of global mining expertise to drive strategic growth and operational excellence.

Horizon Minerals reported a solid cash position of A$15.7 million at the end of June 2025, supported by a US$5 million convertible loan facility, providing a runway of approximately 6.5 quarters at current spending levels.

VHM Limited has secured a crucial mining licence for its Goschen Rare Earths and Mineral Sands Project, alongside key domestic and international partnerships and a successful $8.6 million capital raise.

Horizon Gold Limited has announced a $7 million non-renounceable entitlement offer alongside a $5 million placement to fund its Gum Creek Gold Project and repay debt. The offer opens on 29 July and closes on 12 August 2025.