Latest Mining Sector News

Deep Yellow Ltd announces the departure of long-serving CEO John Borshoff, with CFO Craig Barnes stepping in as interim leader while a global search for a successor continues.

Aspermont Limited has completed its Share Purchase Plan and shortfall placement, raising over A$1 million to fund its digital transformation and AI-driven services expansion.

De.mem Limited has acquired Core Chemicals Ltd for approximately $3 million, significantly expanding its footprint in the Australian gold mining sector and enhancing its pro-forma EBITDA to $1.6 million.

Middle Island Resources has appointed Daniel Raihani as Non-Executive Chairman to steer the company through its pivotal acquisition of Serbian copper-gold assets.

Bannerman Energy Ltd reported a robust cash position of AUD 111.76 million at the end of September 2025, underpinning an estimated 13.5 quarters of operational funding despite ongoing exploration expenditures.

FireFly Metals has announced a significant extension of high-grade copper-gold mineralisation at its Green Bay Project in Canada, with drill results revealing a 650m expansion beyond previous estimates. The standout intersection of 49m at 6.1% copper equivalent underscores the project’s growing potential.

Resolute Mining has agreed to support the sale of its 31.45 million shares in Loncor Gold to Chengtun Mining Group for C$1.38 per share, a move that will strengthen its balance sheet and accelerate key African projects.

GenusPlus Group has secured three major contracts worth around $60 million from Fortescue Metals Group to build critical power infrastructure supporting Fortescue’s ambitious decarbonisation goals in Western Australia.

Highfield Resources Limited has had its trading suspension lifted immediately following the release of a capital raising announcement, signaling renewed market activity for the industrial minerals miner.

Gold Road Resources has officially been acquired by Gold Fields through a scheme of arrangement, with shareholders receiving A$3.06423 per share. The company will soon be delisted from the ASX.

Falcon Metals confirms exceptional high-grade gold intercepts at its Blue Moon project, extending the renowned Bendigo Goldfield. The company accelerates exploration with new drill pads and a second rig, backed by a strong cash position.

Forrestania Resources has launched a conditional script takeover bid for Kula Gold, offering a 41% premium and securing unanimous board support. The deal aims to accelerate value realisation from Kula’s Mt Palmer Gold Project.