Latest Mining Exploration News

Austral Resources Australia Ltd has executed binding agreements to acquire the Rocklands Copper Mine, establishing a significant sulphide processing hub in North-West Queensland and advancing its regional consolidation strategy.

RareX Limited has made a significant early discovery of a heavy rare earth element-bearing quartz breccia vein at its Mt Mansbridge Project, confirming the geological potential of the site. The company is advancing exploration across its portfolio, including strategic moves at Khaleesi and Cummins Range, while navigating heritage negotiations at Piper.

Magnum Mining & Exploration Limited has successfully closed its recent capital raising, securing nearly $2.4 million through a combination of entitlement offer shortfall placement and an additional share placement.

Pursuit Minerals has responded to ASX queries following a notable jump in its share price and trading volumes, confirming no undisclosed information is driving the activity and affirming compliance with continuous disclosure rules.

Trigg Minerals Limited has had its trading suspension lifted following the release of a material capital raise announcement, signaling renewed investor interest and potential growth opportunities.

Enova Mining has launched a focused Phase 2 surface sampling campaign at its East Salinas project in Brazil, aiming to refine high-grade rare earth element drill targets ahead of planned drilling later this month.

Orange Minerals NL has responded to an ASX price query following a sharp rise in its share price and trading volume, denying any undisclosed information and confirming compliance with listing rules.

The Takeovers Panel has declared unacceptable circumstances in Emu NL’s recent shareholder meeting, citing a controversial share placement and proxy voting issues that clouded the election outcome and board control.

South Harz Potash Ltd has announced a pro-rata non-renounceable entitlement issue to raise approximately A$1.28 million, offering one new share for every three held plus free options. The capital raise aims to fund its dual-asset growth plans in Germany amid ongoing project development and acquisition efforts.

GBM Resources has completed the first tranche of its capital raising, issuing nearly 245 million shares at $0.006 each, while the second tranche and additional securities await shareholder approval.

Riedel Resources Limited has launched a Share Purchase Plan offering eligible shareholders the chance to buy new shares at a 7.4% discount, aiming to raise up to A$300,000 to fund exploration activities at its Kingsman Project in Arizona.

Magnum Mining & Exploration has successfully raised nearly half a million dollars through a non-renounceable entitlement offer, with a substantial shortfall offer now available to investors.