Latest Mining News

Medallion Metals has secured a US$50 million loan and a copper-gold concentrate offtake agreement with Trafigura, enabling the Final Investment Decision for the Ravensthorpe Gold Project. Development is set to begin pending completion of the Forrestania acquisition.

Norwest Minerals has reported robust gold assay results from its Phase 2 drilling at the Bulgera Gold Project, confirming mineralisation continuity at depth and setting the stage for a resource upgrade.

Trek Metals has raised $15 million through a strongly supported share placement to fund a major drilling campaign at its promising Kuro manganese discovery in Western Australia’s Kimberley region.

Silver Mines Limited has secured land access to the Coomber Silver Prospect, reviving exploration on a site with significant historic silver intercepts. The company is advancing reconnaissance work to unlock the potential of this largely underexplored caldera near its flagship Bowdens Silver Project.

Viridis Mining and Minerals reports strong infill and exploration drilling results at its Colossus Rare Earth Element Project, underpinning a resource upgrade and enhanced project economics. The company advances feasibility, permitting, and financing towards a Final Investment Decision in Q3 2026.

Golden Horse Minerals has kicked off its 2026 drilling campaign at Hopes Hill with visible gold intersected in the first diamond hole, prompting an accelerated and expanded drilling program.

Mt Malcolm Mines NL reports significant progress on its maiden JORC Mineral Resource Estimates for the Golden Crown and Dumbarton prospects, highlighting high-grade gold mineralisation and promising extensions. Metallurgical testwork and further drilling plans aim to unlock early mining potential and cashflow.

MLG Oz Limited reported a robust HY2026 with statutory net profit after tax soaring 73.2% to $7.1 million, driven by strong demand in the gold sector and operational resilience despite early weather setbacks and a safety fine.

MLG Oz Limited has delivered a robust half-year performance with revenue climbing 6% and EBITDA soaring 24.5%, underpinned by strong gold sector demand and operational efficiencies.

MLG Oz Limited reported a robust half-year with revenue up 5.3% to $287.2 million and net profit soaring 73.3% to $7.1 million, overcoming early weather disruptions and a significant safety fine.

BHP Group Limited reported a robust half-year to December 2025, with copper overtaking iron ore as the top earnings contributor and a detailed technical assessment released for its promising Vicuña copper-gold project.

Altitude Minerals has successfully drilled the T55 Target at its Byrock Project in New South Wales, confirming a copper-gold porphyry system consistent with the Macquarie Arc extension. This milestone supports advancing their earn-in agreement and sets the stage for further exploration.