Latest Mining News

Alliance Aviation Services reported record FY25 revenue and flying hours but faces margin pressures from rising costs and a major contract renegotiation. The company’s refreshed leadership is focused on operational improvements and debt reduction in FY26.

Jindalee Lithium has successfully raised $1.5 million through an oversubscribed Share Purchase Plan, exceeding its $1 million target to fund the McDermitt Lithium Project and a US SPAC transaction.

Charger Metals NL has completed a significant drilling program at its Lake Johnston lithium and gold project, announcing a maiden inferred lithium resource at Medcalf and outlining promising exploration targets. The company’s strategic partnership with Rio Tinto is set to accelerate development in this tier-1 jurisdiction.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s silver-lead-zinc mine reveals significant high-grade mineralisation, prompting a strategic pause for downhole EM surveys to refine exploration targets.

Lightning Minerals has raised A$2.5 million to fund an aggressive Phase 2 drilling program at its Mt Turner Gold Project, following promising Phase 1 results that revealed significant gold mineralisation along a 12km strike.

Hot Chili Limited’s latest diamond drilling at the La Verde porphyry within its Costa Fuego project in Chile has confirmed extensive copper-gold mineralisation, surpassing initial expectations and expanding the known deposit footprint.

NRW Holdings reported robust FY25 results with $3.3 billion revenue and $207.9 million underlying EBITA, boosted by strategic acquisitions including Fredon Industries. The company raised its FY26 guidance, projecting revenue near $4.1 billion and EBITA between $260 million and $265 million, underpinned by a $20.9 billion project pipeline.

NRW Holdings capped FY25 with strong financials and a strategic acquisition, setting the stage for an optimistic FY26. The addition of Fredon Industries expands NRW’s footprint and diversifies its service pillars amid challenging market conditions.

BPM Minerals has raised A$3.5 million through a placement to fund expanded drilling and exploration at its high-grade Forelands Gold Project in Western Australia. The capital injection positions the company to rapidly advance its maiden resource definition efforts.

Global Lithium Resources has lodged a prospectus for MB Gold's IPO, aiming to raise $6 million by spinning out its Marble Bar gold assets. This strategic move sharpens Global Lithium’s focus on its lithium projects while unlocking value from its gold holdings.

Gateway Mining Limited is intensifying its exploration efforts at the Yandal Gold Project with a second diamond rig and has uncovered additional gold nuggets at Great Western, while a major aeromagnetic survey is underway at Glenburgh South.