Latest Mining Sector News

Ioneer Ltd has issued 252.5 million new shares under a recent placement, complying fully with the Corporations Act while opting out of additional investor disclosures.

Meeka Metals has secured a $60 million institutional placement to fast-track gold production and expand drilling at its Murchison Gold Project in Western Australia, targeting first gold by June 2025.

Savannah Goldfields Limited is advancing its gold production restart at Georgetown with early ore transport underway, key management hires, and promising new exploration targets.

Alkane Resources has secured Swedish regulatory approval for its proposed merger with Mandalay Resources, advancing a significant consolidation in the gold and antimony mining sector. The deal now awaits further approvals before shareholder votes expected in July.

The Australian Taxation Office has issued a binding ruling clarifying the tax treatment for De Grey Mining shareholders following Northern Star Resources’ acquisition. The ruling confirms capital gains tax deferral options for eligible investors.

Blackstone Minerals has completed its acquisition of IDM International, gaining full control of the Mankayan copper-gold project in the Philippines. The scheme of arrangement is now effective, marking a significant expansion of Blackstone’s Southeast Asia portfolio.

Carbine Resources has successfully raised $1.78 million through a pro-rata entitlement offer and shortfall placement, setting the stage for further shareholder approval in August.

Freehill Mining Limited has successfully raised approximately $509,736 through a near-complete entitlement offer, signaling strong shareholder confidence in its expansion plans across Chile’s aggregates and magnetite sectors.

Aquirian Limited unveils a strategic growth plan centered on its Wubin Energetics hub and proprietary Collar Keeper® technology, aiming to boost revenue and operational efficiency amid rising mining demand.

Bastion Minerals is launching a non-renounceable rights issue to raise approximately $677,721, offering shareholders three new shares for every four held. Optionholders must act quickly to exercise their options if they wish to participate.

Terramin Australia reports progress on its Tala Hamza Zinc Project amid Algeria's landmark mining reforms that raise foreign ownership limits and streamline permits, potentially reshaping its investment landscape.

Xanadu Ltd’s major shareholder Zijin Mining has accepted Bastion Pte. Mining Ltd’s takeover offer, pushing Bastion’s stake close to 30% and prompting the Takeover Committee to recommend shareholders accept the bid.