Latest Mining Sector News

Advance Metals has confirmed exceptional high-grade gold mineralisation extending 140 metres deeper than previously known at its Happy Valley deposit, accelerating exploration with fresh funding and a second drill rig.

Middle Island Resources announces the immediate resignation of CEO Roland Bartsch, with the company opting to pay out his full notice period and his unlisted options lapsing as per contract terms.

Auric Mining has generated A$8.8 million net revenue from initial gold sales at its Munda Starter Pit, setting the stage for expanded production in 2026.

Kingsgate Consolidated Limited is nearing a resolution in its long-standing TAFTA dispute with the Kingdom of Thailand, signaling potential progress in a complex international trade matter.

Aurumin Limited shareholders and optionholders have overwhelmingly approved a scheme of arrangement for Brightstar Resources to acquire 100% of Aurumin shares, setting the stage for imminent court approval and market suspension.

Warriedar Resources Limited’s shares will be suspended from trading following court approval of Capricorn Metals’ acquisition scheme, marking a significant consolidation in Western Australia’s gold mining sector.

Caravel Minerals has withdrawn its recent Strategic Mine Plan Update, urging investors to await the upcoming Definitive Feasibility Study due in early 2026 before making decisions.

Horizon Minerals has agreed to sell its Lake Johnston Project for $35 million to Forrestania Resources, aiming to bolster funding for its flagship Black Swan gold project. The deal combines cash and shares, positioning Horizon for growth and operational advancement.

DPM Metals has announced a fourth quarter dividend of US$0.04 per share, payable in January 2026, with shareholders given the option to receive payments in US or Canadian dollars.

Capricorn Metals Ltd has officially completed its acquisition of Warriedar Resources Limited through a court-approved scheme of arrangement, marking a significant consolidation in the gold mining sector.

Eastern Metals Limited updates shareholders on its in specie return of capital, distributing Australian Gold and Copper shares at a ratio of 1 for every 36 EMS shares held. Key approvals are secured, with distribution scheduled for November 2025.

Clara Resources has closed its entitlement offer, raising $366,000, with a significant shortfall now set for placement to sophisticated investors. The company aims to strengthen its capital base amid ongoing market challenges.