Latest Mining Sector News

Savannah Goldfields Limited has announced a $15 million equity raising through a placement and conditional placement, offering free attaching options subject to shareholder approval. The capital raise aims to strengthen the company’s financial position and support its operational restart plans.

AXP Energy has updated its resource disclosures and is accelerating its gas-to-power strategy to fuel bitcoin mining operations in Oklahoma, leveraging proven oil fields and strong industry partnerships.

Duratec Limited reported a record FY25 with revenue climbing to $573 million and EBITDA up 11.3%, driven by strong growth in Energy and Emerging sectors despite softer Defence and Mining results.

Mastermyne Group Limited reported a significant 27% decline in revenue and a 96% plunge in profit for FY2025, signaling a challenging year for the coal miner.

Golden State Mining announces key executive departures and cost-saving measures as part of a strategic cash preservation plan.

BHP Group Limited has updated its dividend announcement, confirming a fully franked USD 0.60 per share dividend for the half-year ending June 2025 and providing the South African Rand exchange rate ahead of payment.

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.