Latest Mining Sector News

Pacgold has finalized its acquisition of the White Dam Gold Operation in South Australia, setting the stage for a near-term production restart with modest capital investment. The move complements its Queensland projects and offers a clear path to cash flow.

Robex Resources has received a superior takeover proposal from Perseus Mining, triggering a five-day window to respond. The company’s board is now weighing its options amid this unexpected development.

Perseus Mining has tabled a binding offer to acquire all remaining shares of Predictive Discovery, offering a significant premium and aiming to strengthen its African gold portfolio.

Predictive Discovery Limited has received a compelling unsolicited acquisition proposal from Perseus Mining, valuing the company at approximately A$2.1 billion and triggering a critical matching rights period with Robex Resources.

Predictive Discovery has received a compelling unsolicited acquisition proposal from Perseus Mining, valuing the company at A$2.1 billion and triggering a competitive matching period with Robex Resources.

TechGen Metals reports impressive high-grade gold assays up to 39.3g/t from rock chip samples at its newly acquired Dalgaranga Gold Project in Western Australia, highlighting a promising exploration opportunity along a major regional shear zone.

OM Holdings has secured key regulatory and shareholder approvals for the sale of its 26% interest in Ntsimbintle Mining, moving the $101 million transaction closer to completion early next year.

Brightstar Resources has completed its merger with Aurumin Limited, acquiring all shares and issuing new Brightstar shares and options to Aurumin security holders on a 1-for-4 basis.

Aeris Resources has extended the closing date of its Share Purchase Plan to mid-December, giving shareholders more time to participate in the capital raising effort.

Native Mineral Resources Holdings Limited has entered a binding joint venture with Haoma Mining NL to develop the Ravenswood Gold Project, leveraging NMR’s Blackjack Operations as a regional processing hub.

Clara Resources has successfully placed over 300 million shortfall shares from its recent rights issue, raising nearly $1 million to accelerate development at its Ashford Coking Coal Project and explore new opportunities.

Viridis Mining and Minerals Limited has had its trading suspension lifted following its response to media speculation and an ASX price and volume query.