Latest Mining Sector News

BauMart Holdings has unveiled a multi-pronged strategy to tackle construction labour shortages, advance green building materials, and expand mining equipment services, supported by a $482,000 rights issue.

Hot Chili Limited has achieved priority project registration for its Costa Fuego and Huasco Water copper-gold developments in Chile, unlocking streamlined government approvals and reinforcing its strategic growth trajectory.

Asian Battery Metals PLC has completed an oversubscribed A$3.96 million capital raise, fully funding its expanded 2025 exploration program focused on the promising Oval Cu-Ni-PGE discovery in Mongolia. Phase 3 drilling is underway, targeting deeper and along-strike extensions, with initial assay results expected in May.

Estrella Resources is set to commence the first-ever minerals drilling program in Timor-Leste, backed by strong manganese assay results and a recent $3.75 million capital raise. The company has secured key environmental approvals and community support, positioning itself at the forefront of exploration in this emerging jurisdiction.

Brightstar Resources reported robust March quarter results, highlighted by Second Fortune’s transition to full production and the commencement of Fish mine development, underpinning a clear growth trajectory.

Dalaroo Metals has announced the immediate resignation of CEO Michael Brown, with the Board stepping in to manage operations during the search for a new leader.

AKORA Resources has successfully renewed its main tenement PR10430 for the Bekisopa Iron Ore Project, marking a pivotal step under Madagascar’s updated Mining Code and reinforcing the project’s path to production.

Iluka Resources Limited has announced a fully franked ordinary dividend of AUD 0.04 per share for the financial year ending December 31, 2024, with key dates set for March 2025.

Mt Malcolm Mines NL has reached a significant production milestone within 3.5 years of its ASX listing, generating initial revenue from gold sales while expanding its exploration footprint across multiple prospects in Western Australia's Leonora region.

XRF Scientific has reported record half-year revenue and profit for FY25, driven by robust demand from mining and industrial sectors and strategic acquisitions that bolster its market position.

XRF Scientific has reported a record half-year performance, driven by robust mining sector demand and strategic sales growth across its divisions.

MLG Oz Limited has delivered a robust half-year performance with a 20.3% increase in statutory revenue and stable workforce numbers, setting the stage for anticipated growth in the second half of FY2025.