Latest Mining Exploration News

Develop Global Limited reported a robust increase in cash reserves for the December 2024 quarter, driven by significant financing inflows despite ongoing operational and investing outflows.

GreenX Metals has been selected for BHP's 2025 Xplor program, securing US$500,000 to fast-track its Tannenberg Copper Project, while also winning a landmark £252 million arbitration award against Poland.

Horizon Minerals reported a $5.165 million cash outflow for Q4 2024 but bolstered its liquidity with a capital raising in January 2025, extending its runway amid ongoing exploration investments.

Meeka Metals Limited reports a strong cash position of $55.259 million as of December 31, 2024, underpinning its exploration activities with nearly 30 quarters of funding available. Despite ongoing cash outflows from exploration and corporate costs, the company’s financial footing remains robust.

Regener8 Resources has completed maiden drilling at its East Ponton project, confirming Mulga Rock-style polymetallic mineralisation with notable gold, nickel, and cobalt intercepts. The company now shifts its exploration focus to the promising North Achilles project in New South Wales.

Argent Minerals has reported compelling high-grade gold, silver, copper, indium, lead, and zinc mineralisation at its Wood Gully Gossan Prospect near Kempfield, NSW, confirming significant polymetallic potential and setting the stage for expanded exploration.

DY6 Metals reports encouraging metallurgical sampling results at its Tundulu rare earths project alongside strategic cost reductions and a successful loyalty options offer, positioning the company for focused exploration in Malawi.

Mount Hope Mining has marked a pivotal December quarter with a successful ASX listing and a $5 million capital raise, setting the stage for advanced exploration in the prolific Cobar mining district.

Auking Mining Limited reported a challenging quarter ending December 31, 2024, with significant cash outflows and a critical need for new capital to sustain exploration activities in Tanzania and Cloncurry.

AuKing Mining Limited has advanced its strategic footprint with a 15% earn-in agreement at Queensland’s Cloncurry Gold Project and strengthened its board with seasoned mining experts, while navigating financial challenges and project delays.

Empire Resources reports encouraging aircore drilling results at its Yuinmery Project, revealing significant copper and gold mineralisation that extends over substantial strike lengths. Follow-up drilling is set to deepen exploration in early 2025.

Aurumin Limited has entered a potentially lucrative joint venture with Newcam Minerals for iron ore rights worth up to $7 million, while advancing gold exploration with significant drilling at its Central Sandstone Project.