Latest Mining Sector News

Aurumin Limited’s acquisition by Brightstar Resources has been legally approved, triggering a share exchange and imminent delisting from the ASX.

Black Bear Minerals has completed the acquisition of the high-grade Shafter Silver Project in Texas, including $150 million in existing infrastructure, positioning itself strategically amid rising silver demand and geopolitical supply shifts.

Patriot Resources has secured an 80% interest in two key exploration licences in Zambia’s Mumbwa district, strengthening its foothold in a promising copper region without additional cash outlay.

Sunshine Metals Limited has voluntarily suspended trading of its shares pending a Supreme Court decision on a regulatory compliance issue related to a recent share issuance.

Champion Iron Limited has updated its dividend announcement, confirming an ordinary dividend of CAD 0.10 per share and its Australian Dollar equivalent for the first half of 2025.

North Stawell Minerals reported a strong turnaround in FY2025 with encouraging gold exploration results at Darlington and a successful $2.4 million capital raise, setting the stage for growth.

Emeco Holdings projects steady earnings growth and robust cash flow for FY26, driven by sustained mining activity and disciplined capital spending.

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Mount Hope Mining has withdrawn its recently announced Share Purchase Plan, citing challenging market conditions.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.