Latest Mining License News

Aspire Mining Limited has made significant strides in developing its Ovoot Coking Coal Project in Mongolia, securing key infrastructure bids and maintaining a robust financial position as it moves closer to production.

Toubani Resources has cemented a fiscal agreement with the State of Mali under the 2023 mining code, advancing its Kobada Gold Project toward a final investment decision. A strategic A$29 million placement led by A2MP Investments further strengthens the company’s development pathway.

Tungsten Mining NL has made significant strides in developing its Mt Mulgine and Hatches Creek projects, with a maiden Mineral Resource Estimate for Hatches Creek expected soon and key environmental approvals progressing.

Peregrine Gold Limited has secured a pivotal agreement for gold extraction at its Peninsula Prospect, launched major drilling campaigns at Mallina and Tin Can, and bolstered its treasury through a $2.5 million capital raise and asset sale.

Carnavale Resources advances its high-grade gold exploration at the Kookynie Gold Project with ongoing drilling targeting extensions at Swiftsure and the newly discovered Tiptoe deposit. Assay results due in June will be pivotal for resource expansion and project development.

Titanium Sands Limited has secured the Terms of Reference for the Environmental Impact Assessment of its Mannar Heavy Mineral Project, marking a pivotal regulatory milestone. The company is also progressing tenure retention applications amid plans for further capital raising.

Elementos Limited has delivered a robust Definitive Feasibility Study for its Oropesa Tin Project in Spain, secured key partnerships, and commenced new drilling at its Cleveland Project in Tasmania, all against a backdrop of rising tin prices driven by global supply disruptions.

Krakatoa Resources has provided a detailed update on its Zopkhito Antimony-Gold Project in Georgia, revealing significant exploration data and a strategic plan to advance towards JORC-compliant resources.

Krakatoa Resources has identified significant potential extensions of antimony and gold mineralisation at its Zopkhito Project in Georgia, supported by advanced induced polarisation modelling. The company is poised to advance exploration with drilling and resource estimation in 2025.

Aldoro Resources has reported robust assay results and significant drilling progress at its Kameelburg REE-Niobium Project in Namibia, underpinning its resource potential and operational momentum.

Variscan Mines has announced a transformative update to its Novales-Udías Project, tripling its zinc-lead Mineral Resource Estimate and raising over $2 million to advance development. Drilling is underway with a Mine Re-Start Study on track for mid-2025.

Titanium Sands Limited has made significant progress in securing its Industrial Mining License for the Mannar Project in Sri Lanka, while preparing for a crucial funding placement to support ongoing development.