Latest Mining Licences News

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Variscan Mines has secured official approval of its Restoration Plan for the Novales-Udias Zinc Project in northern Spain, unlocking the path to mine production restart and extensive exploration drilling.

Nagambie Resources has amended its drilling update to include detailed economic assumptions and geological parallels with the nearby Costerfield Mine, reinforcing confidence in its Nagambie Mine project.

Evolution Energy Minerals has disclosed a default notice from Tanzanian regulators over delayed mining commencement, yet remains confident in retaining its key graphite mining license.

Dome Gold Mines has announced a $5 million Share Purchase Plan at a 6.25% discount to fund critical milestones for its Sigatoka Sands Project in Fiji, aiming to secure a mining licence and commence operations.

Verity Resources has completed a significant infill drilling program at its Korong deposit, aiming to upgrade its gold resource classification and pave the way for future development studies.

Ausgold Limited has resolved a long-standing legal dispute by acquiring critical freehold land for its Katanning Gold Project, unlocking new drilling opportunities and prompting a re-optimisation of its feasibility study.

Lindian Resources has raised A$91.5 million through a strong institutional placement, enabling the final investment decision for the Kangankunde Rare Earths Project’s Stage 1 development with production targeted for late 2026.

Gateway Mining has completed its $45 million acquisition of the Yandal Gold Project from Strickland Metals, adding a significant 400,400-ounce gold resource to its portfolio. The company plans to advance mining licence applications and exploration activities in Western Australia's underexplored Yandal Greenstone Belt.

Peak Rare Earths Limited has entered a scheme of arrangement with Shenghe Resources (Singapore) Pte. Ltd., valuing the company at approximately A$158 million. The scheme offers Peak shareholders a cash consideration of no less than A$0.359 per share, representing a 199% premium to the last closing price.

Lindian Resources has secured approval to expand its Kangankunde Rare Earths Project mining licence from 900 to 2,500 hectares, enabling a significant scale-up in production capacity. The company retracts its previous high-end Stage 2 production targets and will commission a new feasibility study to define the next phase.