Latest Mining News

Dreadnought Resources has released a robust scoping study for its Star of Mangaroon gold project, targeting initial production of around 20,000 ounces at a high grade of 10 g/t. The study outlines strong financial metrics and sets the stage for potential production in 2025, backed by a processing agreement with Black Cat Syndicate.

Cooper Metals reports promising exploration progress at its Mt Isa East copper-gold project and high-grade gold assays at the Gooroo project, while maintaining a solid cash reserve of $2.1 million.

Pacgold Limited's latest drilling results and historic data recalculations at the Alice River Gold Project reveal a substantial bulk tonnage gold system, with multiple new targets identified for 2025 exploration.

EV Resources Limited has agreed to acquire a 70% interest in the Los Lirios Antimony Mine in Oaxaca, Mexico, positioning itself to address a tightening global antimony market amid soaring prices and supply constraints.

Pioneer Lithium Limited has halted trading of its shares pending a significant announcement about a material acquisition and capital raising, signaling a pivotal moment for the company.

Eastern Resources Limited's December 2024 quarterly cash flow report reveals a modest operating cash outflow amid ongoing exploration expenses, supported by a healthy cash reserve expected to sustain operations for over 19 quarters.

Toubani Resources' December quarterly report confirms the Kobada Gold Project as a major gold development with robust financials and progressing government engagement in Mali. The company is advancing permitting and financing efforts as it targets shovel-ready status in 2025.

Norwest Minerals reports significant silver, lead, zinc, and copper intersections at its West Arunta project, while advancing gold exploration at Bulgera and planning further drilling campaigns.

Legacy Minerals is ramping up exploration across its NSW portfolio, initiating large-scale geophysical surveys and updating mineral resource estimates, setting the stage for significant drilling campaigns in 2025.

Eastern Resources Limited reports solid progress in its lithium and iron projects during the December 2024 quarter, highlighted by promising metallurgical test results from Lepidolite Hill.

GR Engineering Services has secured a $75.1 million EPC contract to upgrade the King of the Hills processing facilities, reinforcing its foothold in Western Australia's gold sector.

OzAurum Resources has made significant strides in its Mulgabbie North Gold Project feasibility study, fully funded by Line Hydrogen Pty Ltd, aiming for a near-term cashflow positive trial operation.