Latest Mining News

Lincoln Minerals has launched a comprehensive re-assay program targeting historic drill core at its Minbrie Cu-Pb-Zn Project, alongside progressing graphite downstream test work and advancing its Green Iron Magnetite Project with strong industry interest.

Canadian Phosphate Limited reported a steady rise in Q1 sales to $534,000, driven by US demand, with a significant capacity expansion at a key customer set to boost Q2 performance. The company also advances exploration and permitting efforts amid shifting North American phosphate dynamics.

Aurumin Limited has reported a significant 33% increase in its Plum Pudding gold resource, now totaling 18,700 ounces, alongside promising high-grade iron ore results that have led to an expanded joint venture footprint with Newcam Minerals.

Andromeda Metals has entered exclusive negotiations for a $75 million debt facility to fund the Stage 1A+ development of its Great White Project, alongside operational progress and exploration drilling.

Trek Metals has confirmed that its high-grade gold intercepts at the Christmas Creek Project are close to true width, supported by down-hole televiewer surveys and visible gold in drill chips, prompting a fast-tracked drilling program backed by a $3.5 million capital raise.

Resource Mining Corporation (ASX: RMI) reported promising initial gold assays from its Saudi Arabian projects and is evaluating near-term gold production in Tanzania, while managing a constrained cash position and new funding arrangements.

American Rare Earths has expanded its Halleck Creek rare earth resource by 12.2% and achieved a metallurgical breakthrough that slashes processing volumes by over 90%, underpinning a robust updated scoping study with strong financial metrics.

Tempest Minerals has made significant progress on its Remorse iron deposit in Western Australia, initiating metallurgical studies and signing a strategic MOU with Green Steel. The company also announced a capital raising plan to support ongoing exploration and development.

BOA Resources is progressing its 2025 drilling plans across key lithium and nickel tenements in Western Australia, while managing delays in heritage surveys and optimizing its tenement portfolio to focus on high-potential assets.

Southern Cross Gold Consolidated has announced a substantial C$120 million private placement to fund key development phases at its Sunday Creek Gold-Antimony Project, aiming to fast-track drilling, decline construction, and resource expansion.

Power Minerals Limited has raised $1.3 million through a placement to fund critical exploration and due diligence at its Santa Anna Niobium Carbonatite Project in Brazil, backed by a strategic investment from Golden Worldwide Holdings.

Austral Resources Australia Ltd reports key operational milestones including completion of Anthill West Pit mining and a strategic MOU with New Frontier Minerals, while progressing its recapitalisation and equity raise plans.