Latest Mining Sector News

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.

Beacon Minerals has announced a $12 million on-market share buy-back program aiming to enhance shareholder value and capital efficiency, with purchases starting August 1, 2025.

Dragon Mountain Gold Limited announces a key board change with the appointment of Kenneth Robinson and secures a $700,000 loan to manage upcoming convertible loan repayments.

Broken Hill Mines Limited will have its trading suspension lifted on 21 July 2025, marking its return to the ASX following successful compliance with listing rules.

Macro Metals Limited is poised to resume trading on the ASX from July 18, 2025, following a key Supreme Court decision. The lifting of its trading suspension marks a significant regulatory milestone for the mining company.

Macro Metals Limited has obtained crucial Supreme Court orders to address a regulatory oversight involving cleansing notices, paving the way for the lifting of its trading suspension.

New World Resources has acknowledged an increased takeover offer from Kinterra, triggering a matching rights process with Central Asia Metals. The board signals potential for a superior proposal amid a competitive bidding landscape.