Latest Mining Sector News

PC Gold has entered a $1 million Drill for Equity agreement with DDH1 to advance diamond drilling at its Spring Hill Gold Project, aiming to upgrade resources and push towards production milestones.

Santana Minerals has been granted a 30-year mining permit for its Bendigo-Ophir Gold Project in Central Otago, surpassing earlier expectations of a 25-year term and providing long-term operational certainty.

Santana Minerals has been granted a crucial 25-year mining permit for its Bendigo-Ophir Gold Project in New Zealand, paving the way for construction and gold production pending environmental approvals.

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Aspermont’s marketing arm Nexus has secured a key role promoting Timor-Leste’s second mining licensing round, reinforcing its growing influence in global resource sector campaigns.

Austral Resources Australia Ltd is poised to resume trading on the ASX following a successful $40 million placement, marking a significant step in its recovery and future growth plans.

Kore Potash has initiated a formal sale process as it seeks a strategic partner with potash mining expertise for its Kola Project, while also reviewing funding options to support project construction.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Savannah Goldfields Limited has explained the late filing of a director’s interest notice, attributing it to an oversight during an entitlement offer. The company affirms its compliance processes remain robust despite the delay.

Golden State Mining has appointed Keith Middleton as Managing Director and CEO, bringing over two decades of mining sector expertise and a strategic vision for growth. His leadership comes with a significant share-based incentive, signaling a new chapter for the exploration company.

Bellavista Resources has appointed former De Grey Mining executives Glenn Jardine and Peter Canterbury as Managing Director and Finance Director, aiming to leverage their proven track records to accelerate exploration and development.

De.mem Limited has completed its $3 million acquisition of Core Chemicals, a specialty chemical supplier to Western Australia's gold mining sector, significantly expanding its market footprint and boosting pro-forma EBITDA to $1.6 million.