Latest Mining Sector News

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.

Energy Transition Minerals Ltd has issued over 238 million shares to OCJ Investment and updated its Share Purchase Plan timetable to raise up to $3 million, signaling a strategic capital boost.

Energy Transition Minerals has completed a $10 million strategic placement with OCJ Investment and appointed mining veteran Amy Jiang as a Non-Executive Director, signaling a strengthened governance and growth trajectory.

Kula Gold has raised $750,000 through a share placement to fund diamond drilling at its Mt Palmer Gold Mine, following a series of promising high-grade gold results from recent exploration.

Chrysos Corporation reports robust FY25 financial growth driven by global adoption of its PhotonAssay technology and secures a strategic Master Services Agreement with gold giant Newmont. The company projects further revenue and EBITDA expansion in FY26.

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

Macarthur Minerals has provided updated details ahead of its 2025 AGM regarding share issuances and convertible note conversions that affect key shareholder voting power. The changes notably adjust the stakes of Gold Valley Yilgarn Pty Ltd and Copulos Group.