Latest Mining News

New Murchison Gold Limited (ASX:NMG) reveals a robust Feasibility Study for its Crown Prince Gold Deposit, projecting $226 million pre-tax cash flow over 30 months with a low $5.4 million capital outlay. Mining is slated to start mid-2025, positioning NMG on the cusp of production.

Nova Minerals' 2024 exploration at the RPM Regional area reveals high-grade gold samples, including a standout 52.3 g/t Au, highlighting significant resource potential at the Estelle Project in Alaska.

Marmota Limited has successfully secured $5 million through a placement to institutional investors, aiming to fast-track its exploration programs across titanium, uranium, and gold projects.

Tartana Minerals is advancing talks to access the Mungana Processing Plant, potentially unlocking a significant processing capacity for its copper ore and reviving nearby mining operations.

Astral Resources NL has initiated an off-market takeover offer for Maximus Resources Limited, proposing one Astral share for every two Maximus shares. The Maximus Board unanimously recommends acceptance, highlighting a significant premium and strategic consolidation benefits.

NGX Limited has developed an innovative process that converts previously discarded graphite fines into high-value spherical graphite, significantly enhancing production yields and the economic potential of its Malingunde Graphite Project.

Astral Resources has launched a recommended takeover offer to acquire Maximus Resources, creating a leading Western Australian gold developer with combined mineral resources of approximately 1.8 million ounces.

Astral Resources has launched a recommended takeover offer for Maximus Resources, valuing the company at $31 million and combining their gold resources to form a leading Western Australian developer with approximately 1.8 million ounces of gold.

Polymetals Resources reports solid progress in restarting its Endeavor Silver Zinc Mine, with key hires completed and mining activities underway, aiming for cash flow in the first half of 2025.

Native Mineral Resources has raised $14.9 million through a Shortfall Placement and a major investment by Wes Maas, accelerating its plans for gold production at Charters Towers in Queensland.

Resolute Mining announces the immediate departure of CEO Terry Holohan, appointing Chris Eger as the new CEO and Dave Jackson as CFO, signaling a strategic leadership transition.

Cobre Limited reports promising assay results from diamond drilling at its Ngami Copper Project in Botswana, revealing significant copper and silver mineralization over a 4km strike. The findings bolster prospects for advancing the Comet target towards a formal resource estimate.