Latest Mining News

Many Peaks Minerals has initiated diamond drilling at its Ferké gold project in Côte d'Ivoire, following extensive auger and air core drilling campaigns at Ferké and Odienné. Assay results are eagerly awaited as the company targets extensions of high-grade gold mineralisation.

Megado Minerals has secured an agreement to acquire an 80% stake in a significant copper project in Spain and entered a strategic exploration deal for rare earths in the US, positioning itself at the forefront of critical minerals supply.

Yandal Resources has reported promising air-core drilling results at its Caladan target area, revealing significant gold mineralisation and the emergence of a new prospect named Arrakis. Follow-up drilling is planned to further explore this early-stage discovery within the Yandal Greenstone Belt.

Yancoal Australia announces the resignation of CEO David Moult after five years in the role, with Ning Yue appointed as acting CEO during the search for a permanent successor.

Benz Mining has completed its acquisition of the Glenburgh and Mt Egerton gold projects in Western Australia from Spartan Resources, marking a strategic expansion with Spartan becoming a significant shareholder and board participant.

Spartan Resources has completed the sale of its Glenburgh and Egerton gold projects to Benz Mining for $1 million in cash, a 15% equity stake, and potential contingent payments. This strategic move allows Spartan to sharpen its focus on its high-grade Dalgaranga Gold Project while maintaining influence through board representation at Benz.

Nordic Resources has secured three additional exploration licences at its Pulju nickel-copper-cobalt project in Finland, expanding its granted tenure to 46 square kilometres and consolidating 12 kilometres of continuous strike within a key mineralised formation. This strategic move enhances the company’s potential to develop a significant European critical metals resource.

First Graphene Limited has responded to an ASX price query, attributing its recent share price and volume surge to increased buying activity in Germany linked to prior commercial announcements, while reaffirming full compliance with ASX disclosure rules.

Nex Metals Explorations has repriced and partially completed its capital raise, securing $1.06 million at a reduced share price to fund development and exploration activities.

The Supreme Court of New South Wales has approved the scheme of arrangement for Southern Cross Gold Consolidated Ltd to acquire all remaining shares of Southern Cross Gold Ltd, setting the stage for a significant ownership consolidation and ASX trading changes.

MRG Metals has achieved a major milestone with the official approval and signing of the Corridor Central Heavy Mineral Sands mining licence in Mozambique, unlocking development potential for its world-class Koko Massava deposit.

Arrow Minerals is fast-tracking a Scoping Study for a Direct Shipping Ore operation at its Niagara Bauxite Project in Guinea, leveraging strong drilling results and strategic infrastructure access to capitalise on record bauxite prices.