Latest Mining Sector News

Iceni Gold’s September quarter report reveals promising drill results at its 14 Mile Well Project, highlighting a newly discovered basalt-hosted gold trend and expanding mineralisation zones. The company maintains a solid cash position as it plans further exploration.

Auric Mining confirms its intent to acquire the Lindsay’s Gold Project, including the Parrot Feathers mine, with payments contingent on ongoing Wardens Court litigation outcomes.

Aeris Resources has agreed to sell its North Queensland copper assets to Dingo Minerals for up to $15.5 million, marking a strategic move to focus on core operations and strengthen its balance sheet.

ENRG Elements has successfully closed an oversubscribed entitlement offer, raising approximately $2 million to advance its gold-focused exploration projects in Central Asia and maintain existing assets.

Andromeda Metals has launched a $15.5 million capital raising, including a $2.5 million Security Purchase Plan, to accelerate development of its Great White Project and advance HPA production.

Challenger Gold Limited invites investors to a webinar where CEO Kris Knauer will discuss the recent capital raise and outline the company’s near-term gold production plans at Hualilan.

Winsome Resources’ subsidiary partners with Eskan Consulting to advance the Trans-Atikh Project, unlocking federal funding and Indigenous-led infrastructure development in Quebec’s lithium sector.

Minbos Resources has entered a binding agreement with Talus Renewables to develop the Capanda Green Ammonia Project in Angola, aiming to supply both European and African markets with competitively priced green ammonia.

GoldArc Resources has identified five gold anomalies at its Leonora North Project, including three significant new targets that have never been drill-tested. The standout S4 anomaly shows promise of higher-grade mineralisation than the existing Mt Stirling deposit.

Magnetic Resources NL confirms a highly economic 9-year gold mining project at Lady Julie with a pre-tax NPV of A$970 million and strong funding momentum. The project is poised for construction readiness following key approvals and a successful $35 million placement.

Theta Gold Mines has launched a significant capital raising initiative combining a $12 million placement, a $2 million share purchase plan, and a $32 million cornerstone investment, all accompanied by attaching options subject to shareholder approval.

Theta Gold Mines has launched a $12 million Share Purchase Plan at 21 cents per share, matching its recent private placement price, and is offering free attaching options to participating shareholders.