Latest Mining Sector News

Carbine Resources is set to issue over 110 million shares and broker options following shareholder approval, aiming to fund its Muchea and Down South Silica Sand projects and strengthen its working capital position.

Mount Ridley Mines has announced a capital raising of up to $830,388 through a placement and a pro-rata rights issue, aiming to fund ongoing projects and explore new mining opportunities.

Adriatic Metals shareholders have overwhelmingly approved Dundee Precious Metals’ recommended acquisition scheme, clearing a major hurdle toward completion. Key regulatory approvals are in place, with the final court sanction hearing scheduled for late August.

Hot Chili Limited has addressed an ASX query regarding a delayed filing of a director’s interest notice, attributing the lapse to an administrative oversight while reaffirming its commitment to disclosure rules.

Northern Star Resources will unveil its FY25 financial results on 21 August, accompanied by a live conference call featuring key executives. Investors await insights into the gold miner’s performance and strategic outlook.

Waratah Minerals has raised A$30 million through a strategic placement to accelerate drilling at its Spur Gold-Copper Project, backed by strong institutional demand.

Evolution Mining Limited has announced a fully franked ordinary dividend of AUD 0.13 per share for the six months ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 5% discount.

Redcastle Resources is progressing its Queen Alexandra gold project from scoping to pre-feasibility study preparation, focusing on closing critical data gaps and exploring funding options to accelerate development.

The Tanzanian Mining Commission has granted consent for Shenghe Resources to acquire all remaining shares in Peak Rare Earths, advancing a major consolidation in the rare earths sector. The deal still awaits shareholder and regulatory approvals before completion.

Energy Transition Minerals Ltd has issued over 238 million shares to OCJ Investment and updated its Share Purchase Plan timetable to raise up to $3 million, signaling a strategic capital boost.

Energy Transition Minerals has completed a $10 million strategic placement with OCJ Investment and appointed mining veteran Amy Jiang as a Non-Executive Director, signaling a strengthened governance and growth trajectory.

Kula Gold has raised $750,000 through a share placement to fund diamond drilling at its Mt Palmer Gold Mine, following a series of promising high-grade gold results from recent exploration.