Latest Mining Sector News

Mount Ridley Mines has announced a capital raising of up to $830,388 through a placement and a pro-rata rights issue, aiming to fund ongoing projects and explore new mining opportunities.

Adriatic Metals shareholders have overwhelmingly approved Dundee Precious Metals’ recommended acquisition scheme, clearing a major hurdle toward completion. Key regulatory approvals are in place, with the final court sanction hearing scheduled for late August.

Hot Chili Limited has addressed an ASX query regarding a delayed filing of a director’s interest notice, attributing the lapse to an administrative oversight while reaffirming its commitment to disclosure rules.

Lucapa Diamond Company has entered a binding Deed of Company Arrangement with Dubai-based Gaston International, proposing full creditor repayment and a partial shareholder return above recent share prices. Creditors will vote on the plan on 20 August 2025.

Evolution Energy Minerals has announced a 2-for-5 renounceable entitlement offer to raise up to $1.45 million, including free attaching options and a leadership transition to Managing Director Craig Moulton.

Northern Star Resources will unveil its FY25 financial results on 21 August, accompanied by a live conference call featuring key executives. Investors await insights into the gold miner’s performance and strategic outlook.

Waratah Minerals has raised A$30 million through a strategic placement to accelerate drilling at its Spur Gold-Copper Project, backed by strong institutional demand.

Pinnacle Minerals Limited’s PIMOA securities have been suspended from ASX quotation due to non-compliance with key listing rules, raising questions about the company’s regulatory standing.

Evolution Mining Limited has announced a fully franked ordinary dividend of AUD 0.13 per share for the six months ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 5% discount.

Silver Mines Limited has launched a $3 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at a 16.3% discount. The offer, which opened on 13 August 2025, supports key development and exploration projects.

Redcastle Resources is progressing its Queen Alexandra gold project from scoping to pre-feasibility study preparation, focusing on closing critical data gaps and exploring funding options to accelerate development.

The Tanzanian Mining Commission has granted consent for Shenghe Resources to acquire all remaining shares in Peak Rare Earths, advancing a major consolidation in the rare earths sector. The deal still awaits shareholder and regulatory approvals before completion.