Latest Mining Sector News

Advanced Braking Technology Ltd reports a robust Q2 FY26 with a 34% increase in product sales revenue and a 191% jump in net profit before tax, underpinned by strong international expansion and domestic contract wins.

Eastern Metals Limited has responded to ASX concerns over delayed disclosure of director interest changes, attributing the lapse to end-of-year administrative challenges while affirming its compliance framework remains robust.

Predictive Discovery has secured a crucial court approval for its acquisition of Robex Resources, paving the way for the deal to close in early 2026 pending final regulatory consents.

Ragnar Metals has confirmed high-grade uranium mineralisation at surface over a 150m strike at its Klockartorpet Project in Sweden, revealing a 1km long uranium anomaly and multiple untested targets. The findings set the stage for further exploration and drilling plans.

The Takeovers Panel has declined to investigate allegations of undisclosed shareholder associations at Cyclone Metals, following a contentious director removal. This decision signals regulatory confidence in the company’s governance stability.

Midas Minerals has reported a significant new high-grade copper and silver find at its Spaatzu Prospect within Namibia’s Otavi Copper Project, marking a promising expansion near the established T-13 deposit.

The Singapore International Commercial Court has dismissed Poland’s challenge to GreenX Metals’ £183 million Energy Charter Treaty compensation, reinforcing the company’s significant legal victory.

Skylark Minerals Limited has applied for ASX quotation of 37.98 million fully paid ordinary shares from a previously approved placement, signalling a key step in its capital expansion strategy.

QGold Pty Ltd has raised its takeover offer for Venus Metals Corporation shares to $0.21 and extended the offer period to 30 January 2026, signalling a firm final bid in the ongoing acquisition attempt.

Energy Transition Minerals (ETM) has appointed Ballard Partners as strategic advisors in the US, reinforcing its plan to list on the Nasdaq Stock Exchange and deepen its engagement with American stakeholders.

QGold Pty Ltd has increased its all-cash takeover offer for Venus Metals Corporation shares from 17 to 21 cents and extended the offer period to 30 January 2026, signalling renewed intent to secure full ownership.

Rio Tinto and Glencore have entered preliminary talks about a possible all-share merger via a Court-sanctioned scheme of arrangement, though no firm offer has been made. The mining giants have until early February to decide on progressing the deal.