Latest Mining Project Development News

Dreadnought Resources has formalized a $10 million joint venture with Black Cat Syndicate to fund, develop, haul, and process ore from its Star of Mangaroon gold project, enabling near-term cashflow without upfront capital.

Emu NL announces a key board reshuffle with the appointment of geologist James Knowles and begins drilling at its promising Fiery Creek copper prospect.

Eagle Mountain Mining has initiated a non-renounceable entitlement offer to raise nearly $2 million, aiming to accelerate exploration at its Silver Mountain Project in Arizona. The offer includes attaching options and targets eligible shareholders across select countries.

Power Minerals and Summit Nanotech have confirmed the technical viability of the Incahuasi Lithium Project in Argentina, outlining a clear pathway to production of 5,000 tonnes per annum of high-purity lithium carbonate over 20 years.

Aura Energy’s 2025 AGM highlights strong uranium market fundamentals and strategic progress on its Tiris Project, despite some engineering delays. The company also strengthens its board and deepens ties in Mauritania as it prepares for production.

Great Divide Mining Ltd has agreed to acquire the remaining 49% stake in Challenger Mines Pty Ltd from Adelong Gold Limited, aiming to resolve a protracted joint venture dispute and restart operations at the Challenger Gold Mine.

VHM Limited launches a fully underwritten A$10.3 million placement and a $1 million share purchase plan to fund the Goschen rare earths project, supported by strategic government financing.

Astral Resources confirms robust high-grade gold zones at Theia Deposit and discovers a promising new target west of Theia, advancing its Mandilla Gold Project development.

Besra Gold Inc. reported a $3.47 million loss for Q1 2026, weighed down by finance costs tied to a major gold purchase agreement. Despite asset impairments and net liabilities, management remains cautiously optimistic about ongoing funding and project development.

Celsius Resources has raised £0.53 million through a share placement on AIM, providing essential working capital as it progresses feasibility studies and financing for its MCB Project.

PC Gold has reported a stunning high-grade gold intersection of 0.7m at 459.08 g/t Au from diamond drilling at its Spring Hill project, signaling significant potential beyond the current resource boundary. Follow-up drilling is set to explore these promising extensions further.

Mount Hope Mining Limited launches a $1.25 million Share Purchase Plan at $0.20 per share, matching a recent placement, to fund drilling and land acquisitions at its Mount Hope Project.