Latest Mining News

Black Dragon Gold's rezoning application for its flagship Salave Gold Project was rejected by local authorities, posing challenges for mining development. Meanwhile, the company secured a strategic placement raising AUD$712,000 to support ongoing operations.

Miramar Resources Limited (ASX: M2R) has been suspended from ASX quotation following a trading halt due to an undisclosed market-sensitive announcement. The suspension aims to prevent disorderly trading until clarity is provided.

Sky Metals has reported strong progress at its Tallebung tin project, completing surface trenching and initiating bulk sampling to validate resource estimates and optimise metallurgical processes. A recent $6 million capital raise will fund expanded drilling and development studies, positioning the company for near-term growth.

Sky Metals Limited reported its December 2024 quarterly cash flow, revealing ongoing exploration expenditures alongside a robust cash position of A$6.375 million.

Altair Minerals Limited has voluntarily suspended trading of its shares pending a significant announcement about a proposed project acquisition, expected before markets open on February 3, 2025.

Mineral Commodities Ltd reported a steep net loss of USD 65.1 million for H1 2024, driven by operational disruptions at its Tormin mine and strategic moves including the sale of its Skaland Graphite Project.

African Gold Ltd has had its trading suspension lifted following a formal response to ASX's price query and the release of new exploration results, signaling renewed market activity.

African Gold Ltd has unveiled outstanding initial assay results from its 10,000m drilling campaign at the Blaffo Guetto prospect, confirming significant extensions of high-grade gold mineralisation. These findings reinforce the company’s strategic position ahead of a major resource update planned for later in 2025.

Chilwa Minerals has completed a major drilling program at its Mposa deposit and launched a dual commodity strategy targeting both heavy mineral sands and rare earth elements, supported by a fresh $6 million capital raise.

African Gold Ltd confirms a trading halt as it finalises key exploration results and navigates recent executive changes, signaling pivotal developments for its Didievi Gold Project.

Alara Resources reports significant copper mineralisation discoveries in Oman’s Block 8, with initial assays revealing grades up to 4.46% Cu, setting the stage for intensified exploration alongside Power Metal Resources.

Future Metals NL has identified a promising new mineralised zone at its Eileen Bore Prospect and continues to advance drilling at Target 2, all while implementing strategic cost reductions amid subdued PGM prices.