Latest Mining Exploration News

Buxton Resources has promoted Martin Moloney from CEO to Managing Director, signaling a strategic leadership shift as the company continues its exploration efforts. Meanwhile, Non-Executive Director Jared Jacob departs to join Sandfire Resources.

Western Mines Group has raised $3.71 million through a share placement to fund expanded exploration at its Mulga Tank nickel project, signaling renewed investor confidence in the nickel sector.

Broken Hill Mines Limited reports outstanding high-grade silver-lead-zinc intercepts alongside promising gold-copper mineralisation at its Pinnacles Mine, expanding its phase 1 drilling program and targeting near-term open pit operations.

Magnum Mining and Exploration Limited has had its trading suspension lifted following a key announcement on capital raising, reopening the stock to market activity.

Magnum Mining & Exploration has raised $7 million through an oversubscribed placement to accelerate its critical minerals processing hub in Nevada and expand rare earth exploration in Brazil, aligning with US strategic priorities.

Magnum Mining and Exploration Limited has voluntarily suspended trading of its shares pending a significant capital raise announcement, signaling a pivotal moment for the company.

Canterbury Resources is on the cusp of completing a pivotal scoping study for its Briggs Copper Project, while deep drilling advances to unlock higher-grade mineralisation. The company also moves forward with new exploration initiatives and a share purchase plan to bolster funding.

Omnia Metals Group has addressed ASX concerns over unusual trading activity, confirming receipt and forthcoming disclosure of assay results from its Salt Creek drilling program.

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

Lake Resources N.L. has announced a pro-rata entitlement offer of Loyalty Options, providing existing shareholders with a cost-free opportunity to increase their stake in the company over the next three years.

Western Mines Group has been awarded a $180,000 government grant to fund further drilling at its Mulga Tank nickel project, targeting a promising komatiite mineral system. This funding supports the company’s ongoing exploration efforts to delineate a significant nickel sulphide deposit in Western Australia.

CGN Resources has secured significant new gold tenements in Western Australia's Leonora district and advanced exploration at multiple projects, maintaining a solid cash position to support ongoing development.