Latest Mining Sector News

Bowen Coking Coal Ltd has been hit with a $6.8 million statutory demand from contractor BUMA Australia, raising the spectre of insolvency if unresolved within 21 days. The dispute centers on claims and counterclaims involving liquidated damages.

Agrimin Limited's associate, Tali Resources, officially lists on the ASX with Agrimin holding a significant 27% stake following a fully subscribed $2 million priority offer.

AusQuest Limited has identified two promising deep geophysical targets at its Coober Pedy IOCG Project in South Australia, advancing exploration in a world-class mineral province under a strategic alliance with South32.

Genesis Minerals delivered record FY25 gold production, exceeding guidance, and completed a transformative A$250 million acquisition of Focus Minerals’ Laverton project, enhancing its ASPIRE 400 growth strategy.

Rapid Critical Metals has completed its capital consolidation and placement, reshaping its issued capital structure with shareholder approval.

Hawsons Iron Limited has successfully raised $1.91 million through an oversubscribed Share Purchase Plan and a targeted Placement, positioning the company to fast-track key project studies and environmental assessments.

Wia Gold Limited has significantly upgraded its Kokoseb Gold Project resource to 2.93 million ounces, advancing steadily toward a Definitive Feasibility Study targeted for late 2026. The company’s accelerated drilling and strong high-grade results underpin its ambition to become Namibia’s fourth commercial gold mine.

Spartan Resources Limited will be removed from the S&P/ASX 200 index following its acquisition by Ramelius Resources, with Infratil Limited stepping in as its replacement.

The Takeovers Panel has declined to intervene in the ongoing control tussle for New World Resources, despite concerns over delayed disclosure and contested share acquisitions.

Bowen Coking Coal has been hit with a $15.3 million payment demand from BUMA Australia, prompting a reassessment of its financial and legal options amid ongoing recapitalisation talks.

Midas Minerals has validated three significant gold trends spanning 9km at its Challa Project in Western Australia, using innovative detectORE™ pXRF technology. The company plans further infill sampling to define drill targets while advancing exploration preparations for its Otavi Copper Project in Namibia.

BPH Global Ltd (ASX, BP8) has initiated strategic discussions with Indonesia’s National Economic Council to deploy its innovative seaweed-based bioremediation solutions targeting pollution from nickel and coal mining operations.