Latest Mining Sector News

Pacgold Limited has disclosed its acquisition of the White Dam Gold Operation following an ASX price query triggered by unusual trading activity. The company also announced plans for a capital raising to support the transaction.

The ASX has granted key waivers to Predictive Discovery Limited, allowing it to proceed with its merger with Robex Resources Inc without the usual shareholder approvals, streamlining the transaction under Quebec law.

Caprice Resources has significantly expanded its presence in Western Australia's Murchison Goldfields by acquiring the Comet Exploration Project, adding 40 kilometres of greenstone strike to its portfolio. This strategic move triples Caprice's landholding and sets the stage for accelerated exploration and potential new gold discoveries.

MAC Copper Limited has outlined the final timetable for its acquisition by Harmony Gold, including key dates for court approval, trading suspension, and shareholder payments.

Golden State Mining has completed a detailed aeromagnetic survey over its Southern Cross East gold project, aiming to refine geological targets following promising initial drilling results. The data interpretation, expected by December 2025, could unlock new exploration opportunities in this complex greenstone terrain.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger to create Guinea’s leading gold producer, targeting over 400,000 ounces of annual gold production by 2029 from a combined resource exceeding 9 million ounces.

Predictive Discovery Limited and Robex Resources Inc. have agreed to merge, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

Orion Minerals has increased its capital raising to A$8.6 million following additional commitments from sophisticated investors, signaling growing confidence in the company’s prospects.

Aguia Resources has enhanced its capital raising by increasing free attaching options to one per new share in its $4 million entitlement issue, now open to shareholders in Australia, New Zealand, and Hong Kong.

Ionic Rare Earths Limited’s IXRO securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

European Lithium Limited will lift its trading suspension on 3 October 2025 following the release of its Annual Financial Report, marking a key milestone for investors.

Venari Minerals is set to close its Share Purchase Plan on 6 October, following a successful $5.5 million placement to institutional investors. Eligible shareholders in Australia and New Zealand can still apply for shares without brokerage fees before the deadline.