Latest Mining Sector News

Rio Tinto has officially ended merger discussions with Glencore, citing an inability to reach a deal that benefits shareholders. The decision underscores Rio Tinto’s disciplined approach to long-term value creation.

US1 Critical Minerals Limited has launched a substantial options offer to existing shareholders and institutional investors, aiming to raise up to $5.9 million upon exercise, while navigating ongoing litigation and capital challenges.

European Lithium has sold 2.5 million shares in Critical Metals Corp for around A$45 million, strengthening its cash position while maintaining a significant strategic stake.

Titan Minerals has reported outstanding drilling results at its Dynasty Gold Project in Ecuador, nearly doubling the depth of mineralisation at the Brecha-Comanche target and boosting confidence ahead of a resource update due in late Q1 2026.

Fortuna Metals has confirmed it is exempt from Malawi’s 2025 raw mineral export ban, provided it processes rutile and graphite locally before export. This regulatory clarity positions the company to develop premium mineral products for high-value markets.

Santana Minerals has secured a clear statutory timeline for the Bendigo-Ophir Gold Project fast-track approval, with a decision expected by late October 2026. The appointment of a seven-member Expert Panel marks a significant step in the project's regulatory journey.

Global Uranium and Enrichment Ltd shares have been suspended from the ASX following Federal Court approval of a scheme of arrangement for acquisition by Snow Lake Resources Ltd.

Celsius Resources has voluntarily suspended its shares on the ASX pending a Supreme Court ruling on the validity of its former auditor's 2011 resignation. The suspension will last until the court decision or 9 February 2026, whichever comes first.

Medallion Metals has obtained the crucial environmental green light under the EPBC Act for its Ravensthorpe Gold Project, significantly reducing permitting risks and positioning the company to advance its sulphide production plans.

Matsa Resources has completed processing its second campaign of gold ore from the Devon Pit, producing 23 gold doré bars valued at approximately $25.2 million, with mining for Campaign 3 already underway.

The Tennant Creek Copper Alliance, comprising CuFe, Emmerson Resources, and Tennant Minerals, has secured $600,000 in government grants matched by the companies to fund a feasibility study for a shared critical minerals processing facility in Tennant Creek.

Orion Minerals has been selected for the prestigious 2026 BHP Xplor accelerator program, receiving US$500,000 in equity-free funding and access to BHP’s global expertise to advance its South African exploration projects.