Latest Mining News

Livium Ltd reports a 179% surge in recycling gross profit and advances its lithium extraction technology, positioning itself strongly in the evolving battery materials market.

Mitchell Services reported a $46.7 million revenue and $5.6 million EBITDA in Q2 FY25, reflecting a strategic transition phase marked by increased mobilisation for new projects in PNG and decarbonisation drilling. Despite short-term softness, the company’s strengthened balance sheet and expanded service offerings position it for growth.

Ballymore Resources advances its Queensland exploration portfolio with a significant new gold-copper target beneath Dittmer and promising drilling results at Cedar Ridge and Ravenswood. Preparations for a deep drilling campaign at Dittmer are underway, signaling potential for a major resource upgrade.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Black Rock Mining has cleared key regulatory hurdles for POSCO's US$40 million equity injection and secured US$179 million in debt facilities, setting the stage for construction of its Mahenge Graphite Project in Tanzania.

BOSS Energy Limited's December quarter cash flow report reveals a $7.9 million net cash outflow from operations and a slight reduction in cash reserves to $65.2 million, underscoring ongoing investment in exploration activities.

Many Peaks Minerals has revealed promising auger drilling results at its Ferké Gold Project in Côte d'Ivoire, identifying extensive new drill-ready gold anomalies and advancing diamond drilling to expand high-grade zones.

Sarytogan Graphite Limited has secured a key mining license and demonstrated promising product applications, supported by a significant investment from the European Bank for Reconstruction and Development. The company is progressing towards customer qualification and offtake agreements while expanding exploration efforts.

Brightstar Resources has initiated ore haulage from its Laverton Hub under a key Ore Purchase Agreement, setting the stage for its first gold pour in March 2025 and positioning the company for growth amid record gold prices.

New World Resources has identified a significant gold-rich alteration zone at its Antler Deposit, promising to boost the project's resource base and economic outlook ahead of a planned resource update and DFS in late 2025.

Horizon Minerals reported a $5.165 million cash outflow for Q4 2024 but bolstered its liquidity with a capital raising in January 2025, extending its runway amid ongoing exploration investments.

Verity Resources has confirmed a significant 1.1km extension of gold mineralisation at the Fred's Well Prospect within its Monument Gold Project in Western Australia, highlighting promising drill results and plans for pit optimisation studies in 2025.