Latest Mining Sector News

Tasman Resources has completed the second tranche of its $2 million share placement, issuing 92 million shares and raising $1.15 million before costs. The company confirms full compliance with regulatory requirements in its updated cleansing notice.

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.

APC Minerals has launched a pro-rata entitlement offer to raise up to $1.38 million by issuing new shares to existing shareholders. Letters detailing the offer have now been dispatched, with documents accessible electronically.

APC Minerals Limited has announced a pro-rata renounceable entitlement offer to raise approximately $1.38 million by issuing new shares at a low price, aiming to bolster its capital base. Eligible shareholders can subscribe for 13 new shares for every 11 held, with a closing date set for early January 2026.

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.

Minbos Resources has updated the schedule for its Placement and Share Purchase Plan, delaying the SPP opening to mid-December with completion expected by early February 2026.

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.

Winsome Resources Limited’s shares have been suspended from ASX trading following the company’s failure to respond to a critical price query within the requested timeframe. The suspension will remain until compliance issues are resolved.

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.

Aurum Resources has reported significant high-grade gold intercepts from its ongoing drilling at the Tchaga deposit in Côte d'Ivoire, reinforcing its growth potential ahead of major resource updates scheduled for early 2026.

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.

Lightning Minerals Ltd is set to launch a fully funded Phase 2 drilling campaign at its Mt Turner Gold Project in Queensland, following Phase 1 success that revealed a large mineralised system along a 12km strike of the Drummer Fault.