Latest Mining News

Kincora Copper and AngloGold Ashanti have expanded their initial drilling program at the Nyngan porphyry project following encouraging early results, highlighting the potential for a district-scale copper-gold discovery in New South Wales.

South32 Limited has announced a fully franked dividend of USD 0.034 per share for the six months ending December 2024, signaling steady shareholder returns amid a complex currency environment.

Gold Mountain Limited has confirmed high-grade Rare Earth Oxide mineralisation from 56 drill holes at its Down Under REE Project in Brazil, highlighting significant potential for resource expansion and further exploration.

South32 Limited reported a strong first half of fiscal 2025, driven by improved operational performance and a streamlined portfolio following the sale of Illawarra Metallurgical Coal. The company announced a fully-franked interim dividend and maintained its production guidance despite some operational challenges.

Kula Gold Limited has reported a significant maiden drill intercept of 2 metres at 2.3 grams per tonne gold at its Mustang Gold Prospect near Kirup, Western Australia, supported by government co-funding. This discovery marks the emergence of a new gold system warranting further exploration.

Lindian Resources has appointed seasoned financial advisor Henk Ludik to advance funding negotiations for its Kangankunde Rare Earths Project amid rising investor interest and a non-binding $50 million package with Gerald Group.

Northern Star Resources delivered strong half-year financials for FY25, showcasing significant growth in EBITDA and cash earnings while advancing its strategic acquisition of De Grey Mining.

Northern Star Resources has reported a robust half-year performance with record cash earnings and a significant interim dividend increase, reinforcing its commitment to shareholder value amid ongoing growth projects.

Northern Star Resources has announced a fully unfranked dividend of AUD 0.25 per share, payable on March 27, 2025, reflecting its financial results for the half-year ended December 31, 2024.

Black Cat Syndicate has restarted underground drilling at its Paulsens Gold Operation, targeting resource expansion and mine life extension with results expected from March 2025.

Northern Star Resources has reported a remarkable 155% surge in net profit for the half year ended December 2024, driven by higher gold prices and solid operational output. The company also announced a 25 cent per share interim dividend, underscoring confidence in its financial strength.

GBM Resources has engaged renowned geophysicist David McInnes to reprocess historic data and identify new gold targets, aiming to expand its 1.84 million ounce resource base in Queensland's Drummond Basin.