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.

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.

Canterbury Resources has announced a non-renounceable Share Purchase Plan to raise up to $0.75 million at a discounted price of 2 cents per share, offering eligible shareholders a chance to increase their holdings without brokerage fees.

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.

Perpetual Resources has reported exceptional preliminary caesium oxide grades up to 30.11% at its Igrejinha prospect, underscoring the strategic potential of this rare mineral amid constrained global supply. Certified assays and maiden drilling results are anticipated soon, promising to clarify the project's economic outlook.

Pivotal Metals has identified multiple undrilled electromagnetic conductors at its Lorraine Project in Quebec, alongside an extension of a high-grade gold corridor, setting the stage for a significant exploration campaign.

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

Cannindah Resources Limited has announced a fully underwritten non-renounceable rights issue to raise approximately $4.55 million at a 21% discount, aiming to fund exploration at its flagship Mt Cannindah Copper-Gold Project and strengthen working capital.

Centaurus Metals Limited has opened a Share Purchase Plan (SPP) to raise up to AUD 3 million by offering shares at a 20% discount, accompanied by free attaching options. This initiative complements a recent $20 million placement to institutional investors and aims to fund key nickel and copper projects in Brazil.

Mount Hope Mining has identified multiple strong electromagnetic conductors at its Blue Heeler prospect, signalling promising mineralisation near historic copper mines. The company is set to commence its maiden drilling program, aiming to unlock new resources within the Mt Hope Project.