Latest Mining News

Chariot Resources has inked a binding term sheet with major Chinese and Nigerian partners for a phased drilling and trial mining program targeting lithium direct shipping ore in Nigeria, aiming to validate resource potential and establish a market-linked offtake.

Alara Resources has successfully closed its entitlement offer, raising AUD 4.95 million through the issuance of over 154 million new shares, exceeding its AUD 3.84 million target and negating the need for partial underwriting.

OD6 Metals consolidates progress across its rare earths, copper, and fluorspar assets with strong resource bases and ongoing development activities in Nevada, Western Australia, and New South Wales.

Culpeo Minerals has identified two robust chargeability anomalies linked to surface copper mineralisation at its Fortuna Project in Chile, setting the stage for imminent diamond drilling campaigns.

BHP Group Limited posted robust FY2026 results with a 15% revenue increase, record copper production contributing over half of underlying EBITDA, and a total fully franked dividend of 172 US cents per share. The company advances growth projects, including the Jansen potash mine, while managing legacy Samarco liabilities and pursuing climate targets.

QMines Limited reported standout copper and gold assay results from two diamond drill holes at Mt Chalmers, surpassing existing resource grades and fueling ongoing feasibility and metallurgical work.

Yugo Metals continues to hit significant gold grades in its maiden drilling at the Erak Prospect, with mineralisation open in multiple directions and further drilling underway.

Astral Resources has formalised a Land Use Agreement with the Marlinyu Ghoorlie group covering key tenements at Mandilla and Spargoville, underpinning the path to mine development and heritage protection.

Nexus Minerals has reported standout gold assay results from its Wallbrook Gold Project, extending a shallow, high-grade mineralised structure at the Templar Prospect with grades up to 41.27g/t Au. These findings bolster the upcoming multi-prospect resource update due by September.

Kingfisher Mining’s recent drilling at the Allendale project near Broken Hill has validated significant high-grade lead-zinc-silver mineralisation, reinforcing its strategic position in the region’s base and precious metals sector.

Westgold Resources has declared a maiden Ore Reserve of 1.1 million ounces at its Fletcher deposit, marking a significant 30% increase in total Mineral Resources at Beta Hunt and advancing plans for a 4Mtpa processing expansion.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.