Latest Mining Sector News

Indiana Resources has reported significant extensions of gold mineralisation at its Minos Gold Project in South Australia, with promising assay results from recent drilling and a new air-core drilling campaign underway. The company also maintains a strong cash position following a capital return and strategic management appointments.

Manhattan Corporation’s maiden fieldwork at Nunavut’s Hook Lake Project reveals high-grade gold assays up to 14.55g/t and a mineralised corridor stretching 4.7km, highlighting significant expansion potential.

Thor Energy has inked a binding agreement with DISA Technologies to treat uranium waste at its Colorado Projects, leveraging DISA’s newly granted U.S. Nuclear Regulatory Commission license. This deal promises revenue from recovered uranium and critical minerals without upfront costs.

VBX Limited has completed extensive drilling programs at its Wuudagu Bauxite Project and strengthened its development team, positioning itself strongly amid rising Chinese demand and supply risks in Guinea.

Fortuna Metals is advancing exploration at its Mkanda and Kampini projects in Malawi, aiming to define a significant rutile resource by late 2026. Early drilling and sampling have revealed encouraging titanium mineralisation, positioning the company in a globally critical minerals hotspot.

Deterra Royalties announces the resignation of CEO Julian Andrews by year-end, with Non-executive Director Jason Neal stepping in as interim CEO amid a search for a permanent replacement.

Element 25 has appointed Altris Engineering to lead the AU$64.8 million expansion of its Butcherbird manganese mine, a move that underpins its strategy to supply high-purity battery materials to the US electric vehicle market.

Peel Mining has significantly increased its Share Purchase Plan to $5 million following overwhelming shareholder interest, reflecting strong confidence in its Cobar Basin assets.

SSH Group has landed a $2.53 million strategic placement from Hong Kong Xinhai Mining Services, marking a pivotal step in its evolution into a vertically integrated mining powerhouse.

Wia Gold Limited reports robust assay results from extensive drilling at its Kokoseb Gold Project in Namibia, reinforcing prospects for both open pit expansion and underground mining. The company is on track to deliver a Definitive Feasibility Study by the second half of 2026.

Rumble Resources has commenced diamond drilling at its Western Queen Gold Project, progressing an underground mining scoping study that shows better economics than open pit options. A new processing partnership with Gylden Resources could streamline ore treatment.

Tyranna Resources has acquired a controlling interest in the expansive Chinguar Gold Project in Angola, positioning itself to explore a region rich in artisanal gold workings with promising geological data.