Latest Mining Sector News

AusQuest has initiated a targeted Reverse Circulation drilling campaign at its Mt Davis project in WA, aiming to test significant VTEM electromagnetic and soil geochemical anomalies for copper, lead, and zinc mineralisation.

St Barbara Limited has successfully raised A$58 million through an institutional placement to fund key growth initiatives at its Simberi gold operations, signaling confidence in its expansion strategy.

MAC Copper Limited’s shares will be suspended from trading following court approval of its acquisition by Harmony Gold, marking a significant shift in ownership for the copper miner.

MAC Copper’s takeover by Harmony Gold has been legally sanctioned, triggering suspension of trading on ASX and NYSE ahead of the scheme’s implementation later this month.

NexGen Energy Ltd. has launched a significant dual equity financing, successfully upsizing its Australian offering and targeting combined proceeds exceeding C$1 billion. This move underscores the company's strategic capital expansion across North American and Australian markets.

Cobalt Blue Holdings announces the retirement of long-serving Chairman Rob Biancardi, with Joe Kaderavek stepping up as Chair and CEO Dr Andrew Tong appointed Managing Director. The company also defers its planned name change, signaling a nuanced strategic evolution.

Polymetals Resources has advanced its Endeavor Mine ramp-up, producing over 15,000 tonnes of concentrates and scheduling its first zinc shipment. The company also reduced debt and strengthened its cash position, signaling progress toward steady-state operations.

Arafura Rare Earths has successfully raised $9.83 million through an upsized Share Purchase Plan, well above its $5 million target, boosting total capital raised this year to nearly $90 million.

BHP Group Limited has updated its dividend announcement, revealing the dividend reinvestment plan price for the first half of fiscal 2025. The fully franked dividend of USD 0.60 per share will be paid on 25 September, with shareholders able to reinvest at a DRP price based on recent market transactions.

Traka Resources Limited has officially rebranded as Liberty Metals Limited, with trading under the new ASX code LIB starting 14 October 2025. The company also plans a significant 20 – 1 share consolidation, pending shareholder approval at its upcoming AGM.

Bindi Metals Limited has agreed to acquire up to an 80% interest in the Ravni gold project in Serbia’s prolific Raska mining district, accompanied by a $2.5 million capital raising to fund exploration activities.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.