Latest Mining Sector News

High-Tech Metals Limited has successfully completed the placement of the shortfall from its recent entitlement issue, raising approximately $1 million before costs through new shares and listed options.

Altair Minerals has revealed a significant 2km gold anomaly at its South Oko Prospect in Guyana, mirroring the geochemical footprint of the nearby $1 billion Oko West deposit. This discovery positions Altair at the forefront of a highly prospective gold belt with promising exploration upside.

Kaili Resources has responded to an ASX price query following a dramatic rise in its share price, denying any undisclosed material information and confirming full compliance with ASX listing rules.

Chrysos Corporation has confirmed its FY25 financial results, reporting $66.1 million in revenue and $16.1 million EBITDA, while reinforcing its commitment to advancing its PhotonAssay technology for mining analysis.

Peninsula Energy Limited has had its ASX trading suspension lifted following the completion of a placement and institutional entitlement offer, signaling renewed market activity.

Catalyst Metals has secured Federal Court orders correcting a minor disclosure error in its FY24 report, validating prior cleansing notices and paving the way for trading to restart.

Fortescue Metals Group reported a solid US$3.4 billion net profit for FY25, driven by record iron ore shipments and a strong balance sheet, while advancing ambitious decarbonisation and green energy projects.

Fortescue Ltd has announced a fully franked ordinary dividend of AUD 0.60 per share for the fiscal year ending June 30, 2025, with a dividend reinvestment plan available to shareholders.

Cyclone Metals Limited's shares have been suspended from trading on the ASX due to a non-compliant announcement, leaving investors in limbo until a suitable update is provided.

Gold Road Resources has dispatched its Scheme Booklet to shareholders detailing the proposed acquisition by Gold Fields. The Board unanimously recommends approval, setting the stage for a pivotal shareholder vote in September.

Vital Metals Limited has had its trading suspension lifted following announcements addressing an ASX Price and Volume Query and a new capital raise, signaling renewed market activity.

Lion Selection Group has sold its stake in Erdene Resource Development Corp for A$12.3 million, securing a strong return and announcing a 2 cents per share fully franked special dividend for shareholders.