Latest Mining Sector News

Rox Resources secures ASX waiver allowing a discounted Share Purchase Plan without shareholder approval, enabling eligible investors to buy shares at $0.35 each. This move streamlines capital raising while limiting dilution to around 2.5%.

C29 Metals has explained a delayed filing of a director interest notice as an isolated administrative oversight, reaffirming its compliance policies.

Alara Resources has successfully commissioned its Al Wash-hi Majaza Copper Concentrator Plant in Oman, marking a key milestone as it begins copper-gold concentrate shipments and advances exploration across multiple licences.

Alara Resources is transitioning its Al Wash-hi project to production, targeting over $100 million in revenue for 2025 amid rising global copper demand. Exploration advances in Oman signal further growth potential.

Ionic Rare Earths Limited secured shareholder approval on all resolutions at its 2025 Annual General Meeting, including director election, share consolidation, and capital raising measures.

Dateline Resources reports strong progress on its Colosseum Gold-Rare Earth Project in California, buoyed by soaring gold prices and growing US investor interest. The company is advancing its feasibility study with construction planned post-completion.

Meteoric Resources NL has voluntarily suspended trading of its shares on the ASX pending a key announcement addressing media speculation about its Preliminary License approval process.

VHM Limited has launched a non-underwritten Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to invest up to $30,000 at $0.35 per share, a significant discount to recent trading prices. The capital raised will support key development stages of the Goschen Project ahead of a final investment decision in early 2026.

Rapid Critical Metals has completed the acquisition of the Webbs Consol Silver Project, consolidating a high-grade silver belt in New South Wales and positioning itself for accelerated growth.

Emeco Holdings has refinanced its long-term debt with a new A$355 million facility, extending maturity and improving terms to support future growth.

Papyrus Australia has secured a $4.2 million contract to manufacture biodegradable Collar Keeper® products for the mining sector, marking its shift from R&D to commercial production. The agreement with TBS Mining Solutions sets the stage for sustainable innovation in mining operations.

Vysarn Limited has reported record FY25 profits and is aiming for a 33% NPBT increase in FY26, driven by acquisitions and progress on the Kariyarra Water Scheme. The company is expanding its national footprint amid growing water demand in mining and infrastructure sectors.