Latest Mining Sector News

Western Gold Resources Limited has had its trading suspension lifted following an announcement about ongoing negotiations or entry into a material agreement, signaling renewed market activity.

Zenith Minerals Limited has had its trading suspension lifted immediately following the release of a rights issue announcement, signaling a key capital raising move.

ENRG Elements Limited announces significant board reshuffle, appointing seasoned mining executives to key leadership roles while two directors resign.

Globe Metals & Mining announces the resignation of CEO Paul Smith and appoints CFO Charles Altshuler as Interim CEO, who will retain his CFO duties while steering the company forward.

EQ Resources reports promising preliminary results from tungsten stockpile testing at Wolfram Camp, achieving an 86% recovery rate using advanced X-ray sorting technology. The company is advancing plans for a regional tungsten hub to enhance operational efficiency and sustainability.

Macarthur Minerals has relaunched a renounceable rights issue to raise nearly A$2 million, fully underwritten by Gold Valley, aiming to fund its Lake Giles Iron Project and strengthen its balance sheet.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

Western Gold Resources has voluntarily suspended its shares from trading as it prepares to disclose details of a significant agreement and respond to an ASX price query.

African Gold Ltd has completed a strategic investment with Montage Gold Corp, involving a share swap and private placement worth approximately A$9.2 million, reshaping ownership stakes between the two miners.

Heavy Rare Earths Limited has validated a significant uranium anomaly at its Perenjori project in Western Australia, with soil assays reaching up to 116 ppm uranium. The company is preparing to drill and test this promising target, which compares favorably with established regional uranium deposits.

Newmont Corporation has updated its dividend announcement to clarify currency exchange rates and payment options for its upcoming Q1 2025 dividend, highlighting tax and payment logistics for investors.

Hawsons Iron Limited is raising up to $1 million through a discounted Share Purchase Plan to fund critical project development while continuing strategic investor discussions.