Latest Mining Sector News

Coronado Global Resources has announced the resignation of CEO Douglas Thompson, appointing former CEO and current Executive Chair Gerry Spindler as interim leader. The board also welcomes Greg Pritchard as the new Chair.

Surefire Resources has revealed a promising new gold discovery at its Yidby project in Western Australia, with surface samples showing grades up to 12.04 g/t Au in a previously unexplored Albitite lithology. This discovery validates historic data and opens a fresh corridor for exploration.

DGR Global has received $45 million from the first tranche of its Solgold share sale settlement, with a second tranche expected soon. The company is now evaluating how best to deploy these significant funds.

Anax Metals Limited has successfully completed the first tranche of its capital raising, issuing 225.5 million shares to institutional and sophisticated investors and securing $5.2 million in fresh funds.

Greenvale Energy has promoted Alex Cheeseman from CEO to Managing Director as the company prepares for a pivotal 2026 field season across its uranium projects in the Northern Territory and Queensland.

Lachlan Star Limited has appointed mining veteran Tony Kiernan as independent Non-Executive Chairman alongside Alan Thom as Non-Executive Director, marking a strategic board refresh aimed at accelerating the company’s growth in Western Australia’s gold sector.

St Barbara Limited has satisfied all conditions for its strategic Lingbao Gold Group transaction, targeting completion on 1 April 2026 with an anticipated A$0.5 billion gain on sale. Meanwhile, the Kumul Minerals deal awaits final PNG government approvals but is expected to close concurrently.

Terramin Australia has locked in significant government incentives and infrastructure support for its Tala Hamza Zinc Project in Algeria, setting the stage for accelerated development and improved project economics.

SQX Resources has reported outstanding gold assay results from systematic channel sampling at its Red Bird Gold Project in Arizona, confirming high-grade continuity and promising bulk-tonnage potential. The company’s maiden drilling program is complete, with assay results expected soon.

Terramin Australia has initiated site preparation at its Tala Hamza Zinc Project in Algeria following the resolution of land access issues, backed by a significant government land acquisition. This milestone signals a shift from delays to active development readiness for one of the world’s largest undeveloped zinc deposits.

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.

Tolu Minerals has locked in a significant A$23.75 million investment from Indonesian heavyweights Petrindo and Petrosea, setting the stage for a major infrastructure push at the Tolukuma Gold Mine ahead of planned production in early 2027.