Latest Mining Sector News

Iluka Resources has announced a fully franked dividend of AUD 0.02 per share for the first half of fiscal 2025, accompanied by a Dividend Reinvestment Plan available to Australian and New Zealand shareholders.

Austral Gold's Argentine subsidiary has refinanced its debt with a new $1.3 million unsecured loan from a related party, extending repayment terms and managing its financial obligations amid ongoing growth plans.

Dart Mining NL has launched a significant options offer tied to a recent $2.86 million placement, potentially raising over $6 million if exercised. The offer includes a mix of placement, broker, and bonus options, subject to shareholder approval and ASX quotation.

XRF Scientific Limited reported a record profit for FY25, driven by strong mining sector demand and international sales growth, alongside strategic acquisitions that bolster its market position.

XRF Scientific has reported a record full-year result for FY2025, with net profit rising 17% to $10.4 million and a 15% increase in its fully franked dividend. Strong global mining demand and recurring revenue streams underpin the company’s growth.

BHP Group Limited has announced a fully franked dividend of USD 0.60 per share for the first half of 2025, offering shareholders multiple currency payment options and a Dividend Reinvestment Plan.

The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.

MAC Copper has secured Foreign Investment Review Board approval, satisfying all regulatory conditions for its acquisition by Harmony Gold’s Australian subsidiary. The deal now awaits shareholder votes and court sanction to proceed.

RocketDNA has secured a three-year contract to deploy its autonomous drone solution at the Gruyere Gold Mine, marking a significant step in integrating AI-powered surveying technology in mining operations.

Carbine Resources is set to issue over 110 million shares and broker options following shareholder approval, aiming to fund its Muchea and Down South Silica Sand projects and strengthen its working capital position.

Falcon Metals has reported a spectacular 1.2m intercept grading 543 grams per tonne gold at its Blue Moon project in Victoria’s Bendigo Goldfield, signaling a promising new chapter in high-grade gold exploration.

Falcon Metals has reported a spectacular 1.2-meter intercept grading 543 grams per tonne gold at its Blue Moon project, marking a significant milestone in its exploration of the northern Bendigo Goldfield extension. The company’s aggressive drilling campaign and robust financial position set the stage for further discoveries in this historically rich gold province.