Latest Mining Sector News

Bastion Minerals and former advisor GTT Ventures have resolved their legal dispute, leading to the withdrawal of a writ that had cast uncertainty over the company.

Spartan Resources Limited shares have been suspended from the ASX following court approval of a scheme of arrangement for its acquisition by Ramelius Resources Limited. This marks a significant step toward the consolidation of gold mining assets in Western Australia.

The Supreme Court of Western Australia has approved the scheme of arrangement for Ramelius Resources to acquire Spartan Resources, marking a significant consolidation in the gold mining sector.

Prodigy Gold NL has lodged a replacement Appendix 3Y to amend the reported securities held by Managing Director Mark Edwards following his participation in the company’s recent Entitlement Offer.

Kingsland Minerals has withdrawn its previously implied production target for the Leliyn Graphite Project’s processing plant, citing non-compliance with ASX disclosure rules and advising investors to disregard prior estimates.

Rimfire Pacific Mining’s securities remain suspended on the ASX due to a delayed announcement on its proposed capital raising and ongoing arbitration with Golden Plains Resources. The suspension continues until regulatory compliance is restored.

Strickland Metals reports strong assay results from recent drilling at its Gradina deposit in Serbia, reinforcing the project's potential ahead of a maiden Mineral Resource Estimate later this year.

Perseus Mining reports robust drilling results at its Nyanzaga Gold Project in Tanzania, highlighting significant high-grade gold intercepts and potential for mine life extension beyond the initial 11-year plan.

Challenger Gold Limited’s major shareholder, the Elsztain Group, has increased its commitment in the company’s institutional placement, raising the total capital raise to $37.5 million. This move signals strong insider confidence ahead of a shareholder vote.

The Supreme Court of Western Australia has approved Ramelius Resources' acquisition of Spartan Resources, setting the stage for a significant consolidation in the gold mining sector.

ActivEX Limited has announced a maiden JORC-compliant inferred gold resource of 310,000 ounces at its Mt Hogan historic gold mine within the Gilberton JV project in Queensland. This milestone sets the stage for further exploration and potential development in a highly prospective gold region.

Brightstar Resources has announced the strategic acquisition of Aurumin Limited, consolidating the Sandstone gold district and raising $50 million to accelerate exploration and development. This deal positions Brightstar as a growing mid-tier gold producer with a robust multi-hub growth strategy.