Latest Mining Sector News

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Rio Tinto has updated its 2025 interim dividend details, confirming a fully franked USD 1.48 per share payout with flexible currency payment options and a Dividend Reinvestment Plan.

Alice Queen Limited has raised $1 million through convertible notes to fund ongoing gold and copper exploration and support working capital needs.

Tivan Limited has raised $15 million through a strategic share placement led by ETFS Capital, positioning the company for key project acquisitions and development in fluorite and tungsten mining.

Tolu Minerals announces a leadership change with Dr Chris Muller stepping in as CEO to guide the company through a pivotal phase of exploration and production at the Tolukuma Gold Mine.

Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.

New Hope Corporation Limited has unveiled a Dividend Reinvestment Plan (DRP) offering eligible Australian and New Zealand shareholders a flexible, fee-free way to reinvest dividends into additional shares. The plan empowers investors to grow their holdings conveniently while maintaining control over participation levels.

New Hope Corporation Limited has announced a fully franked final dividend of AUD 0.15 per share for FY2025, with a Dividend Reinvestment Plan available to shareholders.

Xstate Resources Limited has had its trading suspension lifted as it meets key ASX listing requirements, marking a new chapter for the mining company.

The Takeovers Panel has declined to declare unacceptable circumstances in Bryah Resources' shareholder dispute but has referred key issues to ASIC for further investigation.

Riversgold Limited has partnered with Canadian AIS Resources to advance its Saint John Project, enabling AIS to earn up to 75% by funding exploration and drilling over four years while Riversgold retains a 25% free-carried interest.

Black Rock Mining Limited has announced a $12 million capital raising via a two-tranche placement and a Share Purchase Plan (SPP) to fund early works at its Mahenge Graphite Project. The offer includes new shares priced at $0.021 each with free options exercisable at $0.03, subject to shareholder approval and ASX quotation.