Latest Mining Projects News

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.

Kula Gold reports standout high-grade gold intercepts up to 31.3 grams per tonne from ongoing drilling at its Mt Palmer project, advancing the asset toward a potential resource estimate.

EV Resources has appointed Miguel Barahona as President of its Mexican subsidiary to lead the restart of the Los Lirios open pit antimony mine, signalling a strategic push to advance its operations in Oaxaca.

GR Engineering Services has landed a $77.6 million EPC contract to upgrade the Eloise copper processing facility in northern Queensland, marking a significant milestone in its project portfolio.