Latest Mining Sector News

The Supreme Court of Western Australia has approved Brightstar Resources’ acquisition of Aurumin Limited, setting the stage for Aurumin’s shares to be suspended and delisted from the ASX by early December.

Mount Hope Mining has withdrawn its recently announced Share Purchase Plan, citing challenging market conditions. Shareholders will receive full refunds within days.

Astron Limited has received a pivotal Australian Taxation Office Class Ruling confirming capital gains tax roll-over relief for shareholders following its redomicile from Hong Kong to Australia. This development streamlines the company’s structure and offers potential long-term benefits to investors.

White Energy Company Limited has launched a $3.5 million entitlement offer to fund exploration across its copper projects, with drilling already underway at the Specimen Hill site in Queensland. The company is leveraging AI and advanced geophysics to target high-grade copper zones, aiming for a near-term discovery.

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Enegex Limited has completed its acquisition of Famien Resources and appointed Paul Roberts as Managing Director, signaling a strategic shift aimed at accelerating gold exploration efforts.

Aquirian Limited is accelerating its growth trajectory through strategic joint ventures and a major expansion of its Wubin facility, aiming to reshape the mining services landscape with advanced drill and blast technologies.

Augustus Minerals has expanded gold anomalies at its Music Well project in Western Australia through extensive soil sampling, prioritizing Clifton East for upcoming drilling. The discovery of new undercover targets signals promising exploration upside in a prolific gold region.

DevEx Resources has appointed Marnie Finlayson, a seasoned mining executive from Rio Tinto, as Managing Director starting December 2025, signaling a strategic push in uranium and rare earth projects.

Golden Mile Resources announces the immediate resignation of Managing Director Damon Dormer, with the board stepping in to manage operations during the transition.

Viridis Mining and Minerals has received a significant US$100 million Letter of Interest from Export Development Canada, reinforcing the financing framework for its Colossus Rare Earths Project in Brazil. This follows prior support from French and Brazilian export credit agencies, positioning the company for a Final Investment Decision in 2026.

Beacon Minerals Limited has announced a fully franked dividend distribution totaling AUD 0.05 per share, combining an ordinary and a special dividend, signaling steady shareholder returns.