Latest Mining Lease News

Magnetite Mines has increased its Razorback Iron Ore Project resource estimate and is advancing strategic partnerships, while early saline water testwork shows promise for green iron production.

Magnetite Mines Limited has updated its Razorback Iron Ore Project Mineral Resource Estimate, increasing tonnage by 600 million tonnes through a revised cut-off grade that aligns with Ore Reserves. This reinforces the project's strategic position in South Australia's Braemar iron province.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their tenement holdings in Western Australia's Central Sandstone region, aiming to create a major gold development opportunity with a combined resource of approximately 2.4 million ounces.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed scrip deal offers Aurumin shareholders a premium, though completion remains uncertain pending due diligence.

Alligator Energy has completed a $17.25 million placement to fund critical development and exploration activities at its Samphire Uranium Project in South Australia, setting the stage for key milestones through 2026.

Superior Resources advances its Steam Engine Gold Project with a pending updated Mineral Resource Estimate incorporating 2024 drilling results and plans for a 2025 drilling campaign targeting new gold lodes.

Benz Mining reports significant high-grade gold intercepts at its Glenburgh Gold Project, confirming continuity and expanding resource potential. The company advances its maiden resource estimate with a fully funded 30,000m drill program underway.

Brightstar Resources has unveiled a definitive feasibility study for its Laverton-Menzies gold projects, outlining a clear growth trajectory targeting 70,000 ounces annually over five years and aiming for 200,000 ounces by 2029.

GreenTech Metals has announced a substantial copper-zinc Exploration Target at its Whundo Project, signaling potential for near-term mining operations. The company is accelerating assessments of gold contributions and advancing mining studies to unlock value.

Carnaby Resources reports robust drill results from its Trekelano Project, revealing a broadening copper-gold mineralised zone with high-grade intervals that suggest significant deposit growth potential.

Brightstar Resources has signed a pivotal Memorandum of Understanding with Paddington Gold, setting the stage for open pit mining at the Lady Shenton deposit starting early 2026. This agreement promises to significantly boost production and de-risk the Menzies Gold Project.

RareX Limited confirms exceptional high-grade gallium mineralisation at its Cummins Range project, positioning it as a strategic critical minerals asset amid soaring global demand and supply risks.