Latest Mining Licence News

Xingye Gold has increased its takeover bid for Far East Gold to $0.15 per share, conditional on securing majority ownership by 21 July 2026, and extended the offer period to 29 July. The improved price offers a significant premium amid ongoing project and financial risks at Far East Gold.

Great Southern Mining (ASX:GSN) has launched an aggressive 20,000m drilling campaign targeting multiple gold discoveries across Western Australia and Queensland, including expansions at Golden Boulder and Amy Clarke, and diamond drilling at the Edinburgh Park joint venture with Gold Fields.

Santana Minerals has reported strong high-grade gold intercepts from initial infill drilling at its Rise and Shine deposit, bolstering confidence in the early-stage open pit mine plan and supporting upcoming financing efforts.

Stellar Resources has secured the Ringville Exploration Licence adjacent to the Renison Tin Mine, significantly boosting its East Renison Project. The licence covers key geological structures linked to tin mineralisation and sets the stage for drilling in 2027.

Adavale Resources has reported assay results from 14 additional drill holes at its London-Victoria gold mine, further extending gold mineralisation beneath the historic open pit and supporting an upcoming resource update.

Azzuro Resources has reported robust high-grade copper-gold-zinc-silver mineralisation from its 2026 drilling at the Red Hill VMS Project, with assays confirming thicker and richer sulphide zones than previous drilling. Shallow gold zones extending over 600 metres add to the project's exploration upside.

Prodigy Gold is progressing key regulatory approvals to restart mining at its Old Pirate gold mine, supported by encouraging ore sorting testwork that significantly upgrades gold grades and promises operational efficiencies.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali BDT2 deposit in Côte d'Ivoire, reinforcing resource growth potential ahead of a major Mineral Resource Estimate update and Definitive Feasibility Study.

Pacific Nickel Mines continues mining at Kolosori under Glencore finance while progressing a conditional sale of its Solomon Islands assets to Green Rock Limited.

American West Metals is finalising its Pre-Feasibility Study for the Storm Copper Project in Nunavut, advancing permitting and exploration along a 110km copper belt, backed by secured development funding.

Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, confirming and expanding gold mineralisation beneath the historic open pit. The ongoing drilling program supports a larger mineralised system along the Parkes Thrust corridor, with promising metallurgical testwork and a planned resource update.

EV Resources has unveiled a maiden Exploration Target at its Los Lirios Antimony Project in Mexico, estimating up to 166,000 tonnes of contained antimony across three zones. Phase 1 drilling confirmed shallow, continuous carbonate replacement mineralisation, while high-grade feeder zones await further testing.