Latest Mining Sector News

Strickland Metals has ramped up exploration at its Rogozna Project in Serbia by deploying an eighth diamond drill rig focused on expanding a promising high-grade gold zone within the Shanac Deposit. The company’s strong cash position and recent strategic investment underpin its aggressive growth strategy.

Black Cat Syndicate has inked a binding agreement to purchase up to 125,000 tonnes of ore from Auric Mining, aiming to boost gold production at its Lakewood facility starting September 2025.

Traka Resources disputes Alamako Resources’ notice to terminate their partnership on the Didi Gold Project in Guinea, signaling a brewing legal standoff. The company insists it has acted in good faith and is exploring its options.

Australian Mines Limited has had its trading suspension lifted following a significant announcement about a capital raising and a potential acquisition, signaling renewed investor interest.

Rimfire Pacific Mining has requested a voluntary suspension of its shares on the ASX following an arbitration loss against Golden Plains Resources, signaling a period of uncertainty as the company assesses the impact.

New World Resources Limited has agreed to a Takeovers Panel undertaking restricting share issuance to Central Asia Metals PLC pending regulatory proceedings. This move follows an application by Kinterra Capital and could influence the company’s capital raising plans.

Kingston Resources has fulfilled all regulatory conditions to complete the $95 million sale of its Misima Gold Project to Ok Tedi Mining, unlocking an immediate $50 million payment.

Prospech Limited has secured a 500 kg bulk sample from the historic Korsnäs rare earth element stockpile in Finland, initiating metallurgical test work in Finland and Australia to unlock strategic REEs. These exploratory tests aim to establish a viable processing flowsheet for neodymium, praseodymium, and samarium extraction.

AIC Mines has exceeded its FY25 production guidance at the Eloise Copper Mine, delivering 12,863 tonnes of copper and 5,955 ounces of gold in concentrate, surpassing its targets. This marks the second consecutive year and eighth straight quarter of meeting or beating production goals.

RocketDNA has secured an 18-month contract with Vault Minerals to provide advanced aerial data services at the King of the Hills gold operation, integrating its latest autonomous drone technology and automated data processing.

NT Minerals Limited has had its trading suspension lifted following news of a potential sale of its Redbank Copper Project in the Northern Territory, signaling a pivotal moment for the company.

Pursuit Minerals has responded to ASX queries following a notable jump in its share price and trading volumes, confirming no undisclosed information is driving the activity and affirming compliance with continuous disclosure rules.