Latest Mining Sector News

Kore Potash has issued 500 CHESS Depositary Interests (CDIs) at AUD 0.0543 each, with shares set to commence trading on AIM, JSE, and ASX from 1 August 2025. This move finalizes a cleansing prospectus process and updates the company’s total voting rights.

Noronex Limited reports promising new copper mineralisation from diamond drilling at its Fiesta Project and extends its strategic alliance with South32 into Botswana, alongside appointing a new CEO to spearhead growth.

The Takeovers Panel has issued interim orders requiring Bryah Resources to retain and provide detailed voting records from its upcoming general meeting, signaling heightened regulatory scrutiny amid shareholder tensions.

Resource Development Group Limited has been suspended from ASX trading following the appointment of voluntary administrators, reflecting serious financial distress and regulatory breaches.

Resource Development Group Limited and its subsidiaries have appointed voluntary administrators, continuing operations while exploring sale or recapitalisation options with backing from majority shareholder Mineral Resources Limited.

Ark Mines has secured $1.5 million to advance its Sandy Mitchell Rare Earths project, initiating a key drilling campaign and metallurgical testing aimed at significantly upgrading its resource base.

DevEx Resources has identified multiple large-scale uranium exploration targets at its Nabarlek Project, supported by government co-funding and advancing ground surveys. Meanwhile, soil geochemistry testing is underway at Murphy West, signalling sustained exploration momentum.

Alkane Resources secured shareholder approval for its merger with Mandalay Resources, marking a pivotal step toward creating a combined gold and antimony producer. The transaction awaits final court confirmation in Canada.

Brightstar Resources secures backing from major Aurumin shareholders and option holders for its proposed acquisition, pending expert approval and absence of superior offers.

Comet Resources has sold a significant stake in International Graphite, using part of the proceeds to clear its debt, triggering a board resignation and signaling a shift in shareholder dynamics.

Larvotto Resources has opened a $5 million Share Purchase Plan offering shares at a 13.5% discount to fund key development and exploration activities at its Hillgrove Project in NSW.

Lachlan Star Limited reports promising high-grade gold intersections from recent drilling at its Killaloe Gold Project in Western Australia, alongside strategic expansion of its exploration tenure.