Latest Mining News

Adriatic Metals has announced a A$80 million equity raising aimed at fast-tracking the expansion of its Vares Silver Operation in Bosnia and Herzegovina, supporting increased production capacity and strengthening its balance sheet.

Adriatic Metals has announced a two-tranche institutional placement to raise A$80 million, aiming to fast-track the expansion of its Vares Processing Plant and strengthen its balance sheet ahead of commercial production.

Antilles Gold Limited is raising $1 million through a share and option placement to support working capital and development of its Nueva Sabana copper-gold mine in Cuba.

Waratah Minerals has initiated diamond drilling at its Spur Gold-Copper Project in New South Wales, targeting promising porphyry copper-gold-molybdenum mineralisation at the Breccia West Prospect. This move follows recent high-resolution magnetic surveys that have refined exploration targets and aims to deepen understanding of the region's epithermal-porphyry link.

Golden Horse Minerals has reported outstanding initial assay results from Phase 1 drilling at its Hopes Hill gold project, highlighting wide, high-grade mineralisation and reinforcing the project's flagship status.

Tivan Limited has completed its acquisition of the Speewah Project from King River Resources, clearing all contractual obligations and setting the stage for a strategic joint venture with Sumitomo Corporation.

Ionic Rare Earths has revealed preliminary Life Cycle Assessment results showing its magnet recycling process could reduce CO2 emissions by 30-50% compared to traditional rare earth oxide production, positioning the company as a sustainability leader in the UK and European rare earth supply chains.

Riversgold Ltd has exercised its option to acquire an 80% interest in the Kalgoorlie Gold Project after surpassing the minimum expenditure threshold, setting the stage for expanded drilling and potential mining lease conversion.

Saturn Metals reports robust assay results from 38 drill holes at Apollo Hill, reinforcing the continuity of its 2.03 million ounce gold resource and highlighting significant growth potential ahead of a planned resource upgrade in late 2025.

Galileo Mining has released new assay results from its 2024 aircore drilling at the Mission Sill prospect near Norseman, confirming significant palladium and platinum mineralization and setting the stage for an imminent follow-up drilling campaign.

MLG Oz Limited has secured a significant $75 million haulage contract with Westgold Resources, poised to generate over $25 million annually and deepen its footprint in Western Australia's Goldfields region.

MLG Oz Limited reported a robust 20.5% increase in revenue for the first half of FY2025, reaching $272.9 million, even as net profit after tax declined to $4.1 million. The company anticipates stronger growth in the second half, supported by new contracts and fleet expansion.