Latest Mining Sector News

Horseshoe Metals Limited will lift its trading suspension immediately following the release of details on a new capital raising, signaling a pivotal moment for the base metals miner.

Astron Corporation Limited proposes to shift its corporate domicile from Hong Kong to Australia by establishing a new Australian parent company, Astron Limited. Shareholders and CDI holders will exchange their securities on a two-for-one basis, aligning the group’s structure with its Australian assets and simplifying governance.

Lake Resources has completed a critical Front-End Engineering Design study for power delivery to its Kachi Lithium Project, confirming grid connection as a viable path forward. This milestone aligns with a broader regional push to enhance sustainable mining infrastructure in Argentina’s Puna Region.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

MRG Metals has achieved a pivotal milestone with the granting of the Corridor South 11137 Mining Licence in Mozambique, setting the stage for production within 12 to 18 months under its fully funded Corridor Sands Project.

WIN Metals has sold its non-core nickel rights and infrastructure at Munda to Auric Mining for $1.4 million, redirecting capital to advance its Butchers Creek Gold Project in the Kimberley region.

Horseshoe Metals Limited has requested a voluntary suspension of its shares on the ASX to complete a capital raising, with trading expected to resume by 1 July 2025.

Lightning Minerals Ltd has resumed trading on the ASX following its announcement of a proposed acquisition and capital raising, signaling renewed investor interest.

SciDev Limited has secured $21.5 million in new contracts and renewals across oil & gas, mining, and PFAS remediation sectors, boosting its FY26 revenue guidance to $120-$140 million.

GTI Energy has successfully raised A$4.5 million through a placement anchored by Snow Lake Energy, a NASDAQ-listed uranium player with a joint venture adjacent to GTI’s Lo Herma project. The funds will accelerate resource expansion and drilling activities.

New World Resources and Central Asia Metals have agreed to increase their takeover offer to 6.2 cents per share, surpassing a competing bid and reshaping the acquisition landscape.

Aquirian Limited has secured $5 million in fresh capital to upgrade its Wubin emulsion facility and accelerate commercialization of its innovative Collar Keeper® technology, alongside a new $1.5 million tolling contract.