Latest Mining Lease News

Astral Resources has launched a recommended takeover offer for Maximus Resources, valuing the company at $31 million and combining their gold resources to form a leading Western Australian developer with approximately 1.8 million ounces of gold.

Polymetals Resources reports solid progress in restarting its Endeavor Silver Zinc Mine, with key hires completed and mining activities underway, aiming for cash flow in the first half of 2025.

Pure Resources Limited has entered a strategic alliance with SSH Group Ltd to accelerate the development of the Reedy Creek Garnet Project, aiming to enhance operational capacity and expedite project milestones.

Riversgold Ltd has submitted a Mining Lease application for its Northern Zone Gold Project near Kalgoorlie and reported outstanding high-grade rock chip results from its Saint John Copper Gold Silver Antimony Project in New Brunswick, Canada.

BMG Resources pushes forward with expansion drilling at its Abercromby and Bullabulling gold projects in Western Australia, supported by a recent $1.5 million capital raise. The company navigates regulatory caution by retracting prior production targets while maintaining a focus on resource growth.

Heavy Minerals Limited advances steadily on its Port Gregory Garnet Project, with the Pre-Feasibility Study nearing completion and critical permitting and sales groundwork underway.

Zuleika Gold Limited is gearing up for a pivotal drilling campaign in the first half of 2025 after refining its project portfolio and withdrawing from several non-core assets. Meanwhile, the company intensifies its legal battle to secure damages from Vango Mining over contract breaches.

Pearl Gull Iron Limited reports steady progress in exploration planning on Cockatoo Island despite seasonal challenges, maintaining environmental commitments and exploring new asset opportunities.

RTG Mining Inc. is advancing rapidly towards financing the Stage 1 Direct Shipping Operation at its high-grade Mabilo Copper and Gold Project in the Philippines, with a capital budget confirmed under US$25 million. Meanwhile, exploration at the Chanach Project in Kyrgyzstan reveals significant porphyry targets, positioning RTG for a pivotal year ahead.

Dreadnought Resources reports robust exploration results including high-grade gold at Mangaroon and niobium at Gifford Creek, alongside new joint ventures and asset sales that position the company for growth.

Revolver Resources reports encouraging leach test results at its Dianne Copper Mine, moving closer to production in H2 2025, while securing new funding through a royalty agreement to support development and exploration.

Dundas Minerals has identified a significant 1km gold mineralisation trend at its Rockland project and completed a key drilling program at Baden-Powell, with assay results expected soon.