Latest Mining Sector News

Investigator Resources has secured $4.3 million through a share placement to fund expanded drilling programs and advance its Paris Silver Project DFS in South Australia.

Sarytogan Graphite Limited reports encouraging copper grades from trench sampling at its Baynazar project in Kazakhstan, positioning the Ilkin prospect for imminent drilling. The company plans KGK drilling to test bedrock copper mineralisation, pending funding.

ANEKA TAMBANG (ANTAM) has announced an unfranked ordinary dividend of IDR 758.86 per CHESS Depositary Interest for the 2024 financial year, reflecting solid profitability and shareholder returns.

Emeco Holdings has reaffirmed its FY25 guidance, targeting $300 million in operating EBITDA and signalling confidence in earnings growth for FY26 amid disciplined cost management and a resilient mining sector.

Koba Resources has completed a $600,000 placement of shares at 3.6 cents each, sweetened with free options exercisable at 8 cents until mid-2028. The move strengthens the company’s capital base without triggering extensive disclosure requirements.

Clara Resources Australia Ltd has had its trading suspension lifted following a capital raising announcement, signaling renewed market activity for the mining company.

Clara Resources Australia Ltd is raising A$600,000 through a two-tranche placement to fund its Ashford Coking Coal Project and support general working capital. The capital injection aims to strengthen the company’s balance sheet amid challenging market conditions.

Aguia Resources has reported promising initial drill results at its Santa Barbara gold project in Colombia, confirming key geological models and supporting a significant high-grade gold target. The company plans to accelerate drilling to further define the resource and advance mine planning.

Western Gold Resources Limited has had its trading suspension lifted following an announcement about ongoing negotiations or entry into a material agreement, signaling renewed market activity.

Zenith Minerals Limited has had its trading suspension lifted immediately following the release of a rights issue announcement, signaling a key capital raising move.

ENRG Elements Limited announces significant board reshuffle, appointing seasoned mining executives to key leadership roles while two directors resign.

Globe Metals & Mining announces the resignation of CEO Paul Smith and appoints CFO Charles Altshuler as Interim CEO, who will retain his CFO duties while steering the company forward.