Latest Mining Sector News

Cyclone Metals has restructured its management, appointing Paul Berend as CEO of the Iron Bear Project while the Board temporarily oversees corporate functions during the search for a new CEO.

Gold Road Resources shareholders have overwhelmingly approved the acquisition by Gold Fields’ Gruyere Holdings, moving the deal closer to completion pending court approval.

Gold Road Resources Limited will be removed from the S&P/ASX 200 index following its acquisition by Gold Fields Limited, with Catapult Sports Limited stepping in as its replacement.

Gold Road Resources convened a pivotal Scheme Meeting to approve its $3.8 billion acquisition by Gold Fields’ subsidiary, offering shareholders a compelling cash deal plus a special dividend. The outcome will shape the company’s future and unlock value tied to Northern Star Resources.

Iluka Resources has updated its dividend details for the first half of 2025, confirming a fully franked dividend of 2 cents per share and announcing a Dividend Reinvestment Plan price of AUD 6.0274.

Altamin Limited has launched a $6.46 million accelerated entitlement offer, strongly supported by its largest shareholder, to fund development at its Lazio and Gorno projects. The capital raise aims to advance exploration and maintain operational readiness amid strategic options for Gorno.

Barton Gold Holdings has been added to the S&P Dow Jones ASX All Ordinaries Index, marking its rise among Australia's top 500 companies. The company is accelerating development of its South Australian gold projects, targeting significant production milestones by 2026.

Nex Metals Explorations has secured a binding agreement to operate the North Hennai gold project in Egypt’s Eastern Desert, marking its strategic entry into one of the world’s most under-explored mining regions with promising production and exploration potential.

Prodigy Gold NL is proposing a significant 1-for-20 share consolidation aimed at streamlining its capital structure and enhancing its share price attractiveness ahead of its upcoming AGM.

Auric Mining is poised to kick off its first toll milling campaign at Black Cat’s Lakewood Mill in late October, aiming to generate initial gold revenue by November from its Munda Starter Pit.

Peak Rare Earths has secured court approval for its acquisition by Shenghe Resources, marking a pivotal moment with shares set to suspend and delist soon. Shareholders will receive $0.443 per share as the scheme moves toward completion.

Focus Minerals Ltd has responded to an ASX price query following a significant intra-day share price jump, confirming no undisclosed information and compliance with listing rules.