Latest Mining Industry News

Perseus Mining has terminated its binding offer to acquire Predictive Discovery after Robex Resources exercised its matching right, nullifying Perseus's proposal as the superior bid.

Beacon Minerals reports strong assay results from its ongoing drill program at the Iguana Deposit, alongside securing vital land use and mining approvals, advancing the Lady Ida Project towards production.

Miramar Resources has secured A$1 million through a share placement to fund a targeted RC drilling campaign at its high-potential Gidji JV gold project, while appointing a new director to strengthen its board.

E79 Gold Mines has completed its acquisition of Cue Metals, gaining control of the Cue Gold Project in Western Australia, while appointing mining veteran Matthew Bowles to its board. The company is set to launch an intensive exploration program starting this December.

De.mem Limited has successfully integrated Core Chemicals Pty Ltd, exceeding initial revenue expectations and setting the stage for geographic and sector expansion in the Australian gold mining chemicals market.

Perseus Mining has tabled a binding offer to acquire all remaining shares of Predictive Discovery, offering a significant premium and aiming to strengthen its African gold portfolio.

NexGen Energy has reported its highest-grade uranium assay to date from the Patterson Corridor East at its Rook I Project, revealing exceptional mineralization that could redefine the project's potential.

Thunderbird Resources has appointed Scott Funston as a Non-Executive Director, bringing over two decades of mining and financial expertise, while Robin Wilson steps down but remains a consultant.

Metal Bank Limited is set to complete its acquisition of Hastings Technology Metals' gold assets, bolstering its Western Australia portfolio and appointing Tim Gilbert as CEO to drive its transition from explorer to producer.

Corazon Mining has secured two critical tenements at its Two Pools Gold Project in Western Australia, enabling preparations for a maiden diamond drilling program aimed at confirming high-grade gold mineralisation early next year.

Papyrus Australia has secured a $4.2 million contract to manufacture biodegradable Collar Keeper® products for the mining sector, marking its shift from R&D to commercial production. The agreement with TBS Mining Solutions sets the stage for sustainable innovation in mining operations.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares in Venus Metals Corporation Limited at a 21% premium, aiming to consolidate control and potentially delist the explorer.