Latest Mining Projects News

Koonenberry Gold Limited (ASX – KNB) has revealed compelling surface geochemical results at its Prince of Wales Project in NSW, highlighting significant gold and copper anomalies that suggest untapped large-scale mineralisation potential.

Marmota Limited has initiated its first-ever drilling campaign at the Greenewood gold discovery, aiming to significantly expand its Gawler Gold project footprint. The program plans 127 reverse circulation holes, potentially reshaping the company’s resource outlook near its flagship Aurora Tank deposit.

Gorilla Gold reports significant high-grade gold assay results expanding the King Kong lode at its Comet Vale Project, with drilling ramping up ahead of a major resource update planned for Q4 2025.

BMG Resources has kicked off an extensive drilling campaign at its Bullabulling Gold Project in Western Australia, targeting high-grade gold zones adjacent to a major 2.3 million ounce resource. The program aims to build on promising near-surface discoveries with results expected by early August.

Aguia Resources has successfully closed its Share Purchase Plan, raising approximately $649,200 through the issuance of over 18 million new shares. This capital injection supports the company’s phosphate and gold projects in Brazil and Colombia.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

West Cobar Metals has initiated approvals for a 5,000m air core drilling campaign at its promising Mystique Gold Project, aiming to unlock significant gold mineralisation in Western Australia’s Fraser Range.

South Harz Potash Ltd has announced a pro-rata non-renounceable entitlement issue to raise approximately A$1.28 million, offering one new share for every three held plus free options. The capital raise aims to fund its dual-asset growth plans in Germany amid ongoing project development and acquisition efforts.

Champion Iron Limited has upsized its senior notes offering to US$500 million, pricing the debt at 7.875% interest to refinance existing credit facilities and support ongoing project development.

Legacy Iron Ore Limited announces a significant leadership reshuffle with CEO Rakesh Gupta stepping down immediately and Dr Ranajit Das appointed to lead the company from July 2025. Ben Donovan also joins the board as a Non-Executive Director.

Revolver Resources has completed the final milestone of a Queensland government grant, unlocking full funding to fast-track its Dianne Copper Mine Project towards production in 2026.