Latest Mining Sector News

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Caravel Minerals has withdrawn its recent Strategic Mine Plan Update, urging investors to await the upcoming Definitive Feasibility Study due in early 2026 before making decisions.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

Alkane Resources reports its Q1 FY2026 interim results, highlighting the integration of Mandalay Resources and key operational developments across its global mining portfolio.

Jindalee Lithium Limited reminds eligible shareholders that its Share Purchase Plan (SPP) will close on 20 November 2025, offering shares at $0.55 each with free attaching options exercisable at $0.825. This follows a recent $8 million placement aimed at advancing key lithium projects.

QMines Limited has successfully raised over $1 million through its Share Purchase Plan, aiming to accelerate exploration at its Mt Mackenzie gold and silver project. The new shares are set to be issued mid-November, marking a key step in the company’s growth strategy.

The Supreme Court of Western Australia has cleared the way for Superior Resources to resume trading by validating a contentious share issue from October 2025. This legal resolution lifts previous restrictions, allowing the company’s shares to be freely traded on the ASX once again.

Tartana Minerals has inked a non-binding Letter of Intent with Alt Resources for up to $5 million in non-dilutive financing, structured to align repayments with copper production and prices. This deal aims to optimize existing operations and fund expansion through the Mungana processing plant.