Latest Mining News

Carnavale Resources has expanded its Kookynie Gold Project with the discovery of the Tiptoe lode and significant depth extensions at Swiftsure, enhancing resource potential amid rising gold prices.

Accelerate Resources Ltd has launched a new gold-focused strategy with the acquisition of a 70% interest in the Kanowna East Gold Project, located near major gold mines in Western Australia. The move positions the company to leverage significant historical gold intercepts and nearby processing infrastructure.

Firetail Resources has sold its lithium rights over key Western Australian projects to Spartan Resources for $275,000, marking a strategic shift to focus on its flagship Skyline Copper Project in Canada.

NT Minerals reports exceptionally high-grade copper assay results from its Twin Peaks Project in Western Australia, setting the stage for an expanded 2025 drilling campaign.

Vulcan Energy has successfully closed its Share Purchase Plan, raising approximately A$8 million through the issuance of over 1.3 million new shares, following a major institutional placement. This capital injection supports the company’s pioneering lithium and renewable energy projects in Europe.

Mount Gibson Iron reported a stronger December quarter with increased iron ore shipments and cashflow, while preparing for a potential accounting impairment due to recent price fluctuations.

Gold Road Resources reports a 6% increase in attributable Mineral Resources to 4.81 million ounces and a 5% rise in Ore Reserves to 1.92 million ounces as of December 2024, driven by deeper open pit expansions and high-grade additions at Gilmour.

Monadelphous Group Limited has landed new contracts worth approximately $150 million, including a major construction project at Rio Tinto's Brockman 4 mine and a multi-year water management panel in the Pilbara region.

Antipa Minerals reports robust progress at its Minyari Dome Gold-Copper Project, highlighted by a positive Scoping Study and promising Phase 2 drilling results, alongside a strengthened cash position of A$36.5 million following a strategic equity raise and asset sale.

Enegex has reported steady progress in its West Yilgarn gold and copper exploration, highlighted by a new exploration license application and imminent aircore drilling at the Rocky Ridge prospect. The company maintains a solid cash position as it prepares for an active 2025 field season.

Catalina Resources has made significant strides in its mineral exploration portfolio, acquiring over 650 km² in the Central Yilgarn and reporting promising high-grade gold and rare earth element intersections across multiple projects.

Chalice Mining reports a robust cash position of approximately $90 million and no debt as it progresses the Gonneville Project towards a targeted Final Investment Decision in 2027. The appointment of Dan Brearley as COO signals strengthened operational leadership amid ongoing metallurgical testwork and exploration activities.