Latest Mining Lease News

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Far Northern Resources has reported impressive high-grade gold assay results from its Phase One drilling at the Bridge Creek mining lease, setting the stage for resource expansion along the Cosmo Howley anticline.

Zenith Minerals has announced a significant 41% increase in the inferred gold resource at its Dulcie Far North Project, now totaling 302,000 ounces. This milestone follows extensive drilling and strategic land consolidation, positioning the project for further growth.

Alligator Energy has raised A$17.25 million through a strongly supported placement to institutional investors, positioning the company to advance key development stages at its Samphire Uranium Project. The funds will underpin exploration, feasibility studies, and the upcoming Field Recovery Trial.

Savannah Goldfields has announced a fourth gold Exploration Target at its Jubilee Plunger Deposit within the Georgetown Project, potentially extending its resource base. The target supports the company’s strategy to feed multiple ore sources into its Georgetown Processing Plant.

Richmond Vanadium Technology slows key project activities and reshapes its leadership team to navigate a prolonged period of low vanadium prices while advancing battery technology development.

Lunnon Metals has revealed significant gold assay results from both recent and historical drilling at its Cooee prospect, highlighting a promising new target within its Kambalda Gold & Nickel Project. These findings elevate Cooee to a high-priority status alongside established prospects in the Foster Gold Belt.

AIC Mines has locked in a US$40 million prepayment facility tied to a copper offtake agreement with Trafigura, aiming to boost processing capacity at its Eloise mine.

Magnetic Resources NL has secured a pivotal native title agreement with the Wangkatja Tjungula Aboriginal Corporation, removing key regulatory hurdles for the Lady Julie Gold Project in Western Australia.

Javelin Minerals is fast-tracking mining at its Eureka Gold Project, targeting 34,000 recoverable ounces from a granted Mining Lease within 12 months. Advanced contractor talks and promising drilling results underpin this push in a buoyant gold price environment.

Meeka Metals has raised $60 million through an institutional placement to fund expansion at its Murchison Gold Project, aiming to boost mining operations and processing capacity ahead of first gold production expected this month.

Alligator Energy advances regulatory approvals and construction preparations for its Samphire Uranium Project’s Field Recovery Trial, a critical step toward commercial production.