Latest Mining Industry News

Latitude 66 Limited has lodged Exploration Permit applications for its KSB Project in northern Finland following a recent amendment to the Finnish Mining Act. The permits, expected in Q2 2026, will secure tenure for the project and enable further development and exploration activities.

Perenti Limited has appointed Dr Vanessa Torres as its new Managing Director and CEO, succeeding Mark Norwell. With over 25 years of global mining leadership experience, Torres is set to lead Perenti into its next chapter of growth and diversification.

GoldArc Resources has secured a key tenement adjacent to its high-grade Whistler and Woodpecker South prospects in the Kookynie Goldfields, expanding its Leonora South project at a modest cost. This acquisition complements ongoing drilling programs that have already delivered impressive gold assay results.

Duratec Limited has delivered its strongest half-year performance to date, reporting record revenue and gross profit across its diversified engineering and construction services. The company’s investor briefing highlighted robust order books, strategic growth in Defence and Energy sectors, and expansion into new regional markets.

Eagle Mountain Mining secures a major milestone as Nittetsu Mining's board approves a joint venture deal to develop the Oracle Ridge copper-gold project in Arizona, with binding agreements expected soon.

Javelin Minerals has launched a targeted drilling campaign at its Eureka Gold Project in WA, aiming to extend high-grade gold mineralisation and capitalise on a newly expanded mining lease. The company is poised for near-term production under a joint venture with MEGA Resources.

WA Kaolin Limited has responded to ASX queries clarifying that its Q2 FY2026 order book was a demand snapshot, not a sales forecast, and confirmed timely disclosure of a production shortfall linked to plant issues. The company also addressed regulatory notices, affirming no material impact on operations or securities value.

Advanced Braking Technology Ltd has reported a record half-year performance for 1H26, driven by strong demand for its SIBS Failsafe braking systems and progress in autonomous braking technology.

AusQuest Limited reports strong assay results from its Cangallo project in Peru, revealing a large, continuous copper-gold mineralised system with promising high-grade intervals and plans for extensive follow-up drilling.

Mayfield Group Holdings has announced the acquisition of SMEC Power & Technology for up to $30 million, marking its entry into underground mining electrical infrastructure and international markets.

Fortescue Ltd has reported a record first half FY26 with iron ore shipments surpassing 100 million tonnes and a robust net profit after tax of US$1.9 billion, while advancing its ambitious decarbonisation and growth initiatives.

Duratec Limited reported a modest revenue decline in 1H FY26 but posted gains in profitability and maintained its dividend, underpinned by strategic acquisitions and sector diversification.