Latest Mining Lease News

Tolu Minerals has completed a new access road to its Tolukuma Gold Mine, enabling vehicle access from Port Moresby and slashing operational costs by over 75%. This infrastructure milestone also opens vast new exploration opportunities and benefits local communities.

Global Lithium Resources has been granted a 21-year mining lease for its Manna Lithium Project, significantly de-risking the venture and accelerating its path to a final investment decision.

Beacon Minerals has exercised its option to acquire the historic Wealth of Nations gold tenements, confirming high-grade mineralisation through an 11-hole drill program and setting the stage for a maiden resource estimate in 2026.

West Coast Silver has reported extraordinary high-grade silver and gold intercepts from its maiden diamond drilling program at the Elizabeth Hill Silver Project, highlighting near-surface mineralisation with grades that could reshape project economics.

Everest Metals Corporation reveals significant progress in its gold projects and leads the development of Australia’s first rubidium industry, positioning itself at the forefront of critical minerals innovation.

Redcastle Resources has partnered with BML Ventures to fast-track gold production at key deposits while massively expanding its Eastern Goldfields footprint through a strategic tenement acquisition.

Equinox Resources has engaged an independent heritage advisory to assess contested Aboriginal sites at its Hamersley Iron Ore Project, following a government refusal of exploration consent. The company is pursuing judicial review while reaffirming its commitment to heritage compliance and stakeholder dialogue.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.

The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.

Pacgold Limited advances its Northern Queensland footprint with a maiden 900,000-ounce gold resource at Alice River and a new high-grade antimony acquisition at St George, positioning itself amid critical mineral supply challenges.

Orbminco Limited reports promising new geophysical survey results at its Bronze Fox Project in Mongolia while navigating a significant tax dispute currently under appeal.

Magnetite Mines Limited has announced a pro rata renounceable rights issue to raise up to $2.65 million, aiming to advance its flagship Razorback iron ore project in South Australia. The offer includes free attaching options and is partially underwritten, reflecting the company’s strategic push towards securing funding and completing key project milestones.