Latest Mining Infrastructure News

Argosy Minerals has raised $3 million through a placement at a 19% discount, with an additional $500,000 sought via a Share Purchase Plan to fund its 12ktpa Rincon Lithium Project development.

Kantra Copper (ASX:KAN) showcased a robust growth strategy at the Copper to the World Conference, spotlighting its Kanmantoo mine extension, Emily Star development, and advancing exploration projects. The company maintains strong production guidance and financial health amid a tightening copper market.

Nova Minerals has kicked off geotechnical drilling for the West Susitna Access Road after AIDEA approved up to US$25 million in additional funding, aiming to unlock critical mineral development and improve logistics for its Estelle Project and antimony refinery.

Kingfisher Mining’s maiden reverse circulation drilling at Stephens Trig confirms substantial high-grade silver, lead, and zinc mineralisation, reinforcing the prospect’s potential within its Broken Hill portfolio.

Valiant Gold’s maiden drilling at South Emu-Triton has delivered significant gold intercepts well below the existing resource, reinforcing the deposit’s growth potential and advancing its development pipeline.

Aureka Limited has reported new high-grade gold intercepts extending mineralisation southwards at its St Arnaud Comstock project, reinforcing plans for near-term production using nearby milling capacity.

WIN Metals has completed a preliminary study for the Radio Gold Project, revealing a low-capital restart plan targeting 20,200 ounces of gold production over 29 months with an 11-month payback period.

FirstAu Limited is gearing up to drill at its First Hit gold deposit, aiming to define a maiden Mineral Resource Estimate based on historic high-grade production and extensive data.

Broken Hill Mines (ASX: BHM) has confirmed a major new discovery of thick, high-grade silver, lead, and zinc mineralisation at its Centenary Zone, extending the resource strike length to 1,600m and significantly exceeding historical estimates.

KGL Resources has completed a A$300 million equity raise, fully funding the Jervois Copper Project through construction and into production, with key contracts signed and development activities underway.

Boom Logistics reported a 38% rise in operating net profit after tax to $12.8 million on 2% revenue growth to $271 million, underpinned by contract wins and disciplined capital management.

Antares Metals has intersected copper mineralisation in all six holes of its maiden drilling at Conglomerate Creek Target 2, validating its geological model and setting the stage for further exploration in a prolific copper region.