Latest Mining Proposals News

Dreadnought Resources has obtained regulatory approval for open pit mining at its Star of Mangaroon gold project in Western Australia, advancing its strategy to become a self-funded explorer by outsourcing development and processing.

Delta Lithium’s March quarter report highlights robust high-grade lithium drilling at Mt Ida, successful production of battery-grade lithium and rubidium carbonates, and ongoing exploration progress at Yinnetharra, supported by a strong $52 million cash position.

Metro Mining Limited (ASX:MMI) is set to reduce its share count drastically through a 20-for-1 consolidation, pending shareholder approval at the upcoming AGM. This move will slash its ordinary shares from over 6 billion to just over 300 million, reshaping its capital structure.

Australian Silica Quartz Group (ASQ) is set to acquire Australian Kaolin, adding a 47Mt inferred kaolin resource at White Swan and launching a $750,000 placement to fund development. The deal hinges on shareholder approval and an Independent Expert’s fairness opinion.

Magnetic Resource NL has submitted an updated Mining Proposal for its Lady Julie Gold Project, incorporating a revised tailings strategy and enhanced technical studies, as it continues to engage with regulators ahead of development.

Delta Lithium has issued a formal correction disputing a $93 billion in-ground valuation of rubidium at its Mt Ida project reported by the Australian Financial Review, citing JORC Code compliance. The company urges investors to disregard the figure and requests resumption of trading.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

Everest Metals Corporation has reported promising metallurgical test results for its Mt Edon Critical Mineral Project, alongside submitting a key Mining Proposal to regulators, signalling progress toward commercial development.

Boab Metals has received the crucial regulatory green light for its Sorby Hills project, clearing the way for full-scale mining operations and first concentrate production targeted in late 2027.

Odyssey Gold Limited has reported promising assay results from metallurgical drillholes at its Tuckanarra Project, highlighting significant gold grades that surpass historic drilling. These findings underpin ongoing mining proposals and future resource upgrades.

Ballard Mining reports promising high-grade gold drill results from its Mt Ida regional prospects, accelerating a major 220,000m drilling program aimed at extending mine life and boosting production.

Metal Bank reports exceptional gold recovery results from its Seven Leaders Prospect near Kalgoorlie, highlighting a 72.5% gravity recovery and over 99% leaching efficiency, underpinning its near-term production ambitions.