Latest Mining Sector News

Sovereign Metals has entered a strategic collaboration with the International Finance Corporation to advance sustainable development and financing of its Kasiya Rutile-Graphite Project in Malawi.

Perseus Mining has terminated its binding offer for Predictive Discovery following the acceptance of a revised merger agreement between Predictive and Robex Resources. Despite the improved terms for Predictive shareholders, Perseus remains unconvinced and holds the door open for future moves.

De.mem Limited has closed a $500,000 unsecured shareholder loan facility to fund the rapid expansion of its recently acquired Core Chemicals business amid strong demand from the gold mining sector.

HyTerra Limited has appointed Riley Kemp as its new CEO, aiming to accelerate growth and strengthen its position in the emerging geologic hydrogen sector.

The ASX has suspended trading of Olympio Metals and Thorney Technologies shares due to delayed periodic report filings, highlighting ongoing compliance challenges for both companies.

Alicanto Minerals has acknowledged a late filing of a director’s interest notice, attributing it to an administrative oversight. The ASX has queried the delay, prompting the company to review its disclosure procedures.

Askari Metals advances its flagship Nejo Project in Ethiopia with strong government backing and a planned maiden drilling campaign targeting high-grade gold zones. The company is well funded and poised for a busy 2026 exploration season.

Perseus Mining has terminated its binding offer to acquire Predictive Discovery after Robex Resources exercised its matching right, nullifying Perseus's proposal as the superior bid.

Predictive Discovery Limited has amended its acquisition terms with Robex Resources, sidelining Perseus Mining’s bid and setting the stage for a combined gold producer targeting over 400,000 ounces annually by 2029.

AKORA Resources has secured strong endorsement from Madagascar’s new government to upgrade its Bekisopa iron ore project licence from exploration to mining, paving the way for project advancement and investment.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

Volt Resources Limited has had its trading suspension lifted following the release of an announcement about a new equity funding transaction, signaling renewed market activity.