Latest Mining Exploration News

Kingsgate Consolidated Limited reports a robust financial turnaround in FY2025, driven by resumed mining operations and record production at Chatree Gold Mine. Revenue more than doubled, while net profit rebounded to A$29.5 million.

Helix Resources Limited’s HLXOA securities have been suspended from trading pending regulatory compliance, raising questions about the company’s immediate outlook.

Cyprium Metals unveils a rapid restart plan for its Nifty Copper Complex, backed by a substantial A$80 million capital raise to fund early cash flow and long-term growth. The project boasts a pre-tax NPV of A$1.1 billion, positioning Cyprium as a compelling copper play on the ASX.

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.

Legacy Minerals has secured NSW Government approval to recommence drilling at its Mt Carrington gold-copper project, unveiling fresh geophysical targets and backed by a recent $7.75 million capital raise.

Magmatic Resources has completed the second stage of acquiring the Weebo Gold Project in Western Australia and initiated a robust exploration program targeting high-potential gold zones.

Auric Mining has executed a contract to acquire the Burbanks Mill in Western Australia for $4.4 million, marking a strategic step towards operational independence and enhanced value capture.

Cannindah Resources Limited has had its trading suspension lifted immediately following the release of a capital raising announcement, signaling renewed market activity.

Kaili Resources Limited has resumed trading on the ASX following a suspension triggered by regulatory queries. The company’s prompt response to ASX concerns has cleared the way for its securities to re-enter the market.

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.

Forrestania Resources has reported its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a key milestone in its Bonnie Vale project near Kalgoorlie. The near-surface deposit offers promising economics with a low discovery cost and plans for expansion underway.

Hammer Metals has launched a targeted drilling campaign at its Bronzewing South project in Western Australia, aiming to unlock high-grade gold mineralisation adjacent to a major historic mine. The program focuses on previously underexplored zones with promising historical intercepts, potentially setting the stage for significant resource growth.