Latest Mining Sector News

Fortescue Ltd has set the allocation price for shares issued under its Dividend Reinvestment Plan at A$19.2518, following its recent interim dividend announcement. Shares will be issued on 30 March 2026, marking a key step in the company’s capital management strategy.

Westgold Resources has locked in a $600 million unsecured revolving credit facility with top-tier lenders, enhancing its financial flexibility and liquidity to support future growth.

DeSoto Resources has significantly increased its exploration ground in Guinea by acquiring three new projects along the prolific Siguiri Gold Mineralisation Trend, positioning itself for district-scale gold discoveries.

RocketDNA has launched its proprietary Skylink® operating system, now live with a Tier-1 mining customer, promising to transform autonomous drone management with real-time mission control and scalable automation.

Resolute Mining has approved the final investment decision for its Doropo Gold Project in Côte d’Ivoire, initiating construction in the first half of 2026 and aiming to boost annual gold output beyond 500,000 ounces by 2028.

Variscan Mines Limited has voluntarily suspended trading on the ASX pending a Supreme Court decision related to a regulatory compliance issue with a past share issue. The suspension highlights ongoing legal scrutiny and investor uncertainty.

Sunstone Metals has significantly expanded the surface footprint of gold-copper mineralisation at its Porotillo discovery within the Bramaderos Project, reporting a 462m trench averaging 0.55 g/t AuEq. This milestone supports a large exploration target and advances drilling efforts as a scoping study progresses.

Energy Transition Minerals' legal battle over the Kvanefjeld rare earths project moves from arbitration to Greenlandic and Danish courts, following a tribunal ruling that imposes significant costs on ETM's subsidiary.

Aguia Resources has reported its best-ever gold production at the Santa Barbara project in Colombia, with metallurgical improvements driving recovery rates above 85%. The company is poised to achieve positive cash flow soon as it completes plant mechanisation and optimises mining operations.

OM Holdings has declared a special dividend following the sale of its 26% interest in Ntsimbintle Mining, signalling a strategic return of capital to shareholders.

Mineral Commodities Limited has completed the sale of its Skaland Graphite Project in Norway for USD 8.75 million as part of its voluntary administration process. The transaction marks a significant step in the company’s restructuring efforts.

Burgundy Diamond Mines’ Canadian subsidiary has expanded its tariff-related loan facility by C$60 million, reinforcing its financial resilience amid ongoing trade tensions.