Latest Mining Sector News

Sayona Mining reported an 11% revenue increase to $223 million but posted a $294 million loss driven by a significant impairment of its North American Lithium assets.

Atlas Pearls Ltd has declared a fully franked 1.4 cent per share dividend for the second half of FY25, lifting total dividends for the year to 2.4 cents, up from 1.85 cents in FY24.

Adriatic Metals Plc shares have been suspended from the ASX to facilitate its proposed acquisition by Dundee Precious Metals Inc. under a UK scheme of arrangement.

Advanced Braking Technology Ltd reported a robust 25% revenue increase and a 36% rise in net profit for FY25, driven by international expansion and new product launches.

Advanced Braking Technology Ltd (ASX, ABV) reported a robust 25% revenue increase and 36% net profit growth for FY25, driven by international expansion and pioneering product launches in mining safety technology.

Mastermyne Group has received a Letter of Intent to extend its underground mining contracts with Anglo American Steelmaking Coal, potentially adding $31 million in revenue through April 2026.

Gladiator Resources has successfully closed an oversubscribed placement raising $1.18 million to advance its strategic focus on rare earth elements in the United States, signaling strong investor confidence.

Westgold Resources has declared a strong final dividend for FY25 and unveiled an enhanced dividend policy alongside a significant share buy-back program, signaling robust confidence in its growth and cash flow outlook.

Westgold Resources Limited has announced an on-market buy-back of up to 47.18 million shares, signaling a strategic move to manage capital and potentially boost shareholder value.

Westgold Resources Limited has announced a 3 cent per share final dividend for the financial year ending June 2025, payable in October. The dividend is unfranked, reflecting the company’s current tax position.

DXN Limited reported a robust 49% revenue increase to $16 million in FY25, driven by modular data centre projects and the launch of a new Data Centre as a Service division. Key contracts with blue-chip clients and a strong project pipeline position the company for further expansion in the Asia-Pacific market.

AusQuest Limited reports significant expansion of its Cangallo porphyry copper system in southern Peru, with upcoming diamond drilling poised to unlock deeper mineralisation insights.