Latest Mining News

Core Energy Minerals has raised $3.7 million through a two-tranche share placement, attracting a significant investment from Jose Luis Manzano. The funds will underpin exploration efforts across South Australia, Brazil, and Namibia, positioning the company for growth in tier-one uranium jurisdictions.

Bathurst Resources reported a first half EBITDA of $27.5 million, surpassing forecasts despite export disruptions, yet lowered its full-year EBITDA guidance to $45-$55 million due to reduced export volumes and softer coal prices.

Cosmos Exploration has secured an exclusive option to acquire EAU Lithium, partnering with Vulcan Energy to deploy cutting-edge Direct Lithium Extraction technology in Bolivia’s lithium-rich salars. This strategic move positions Cosmos at the forefront of sustainable lithium production in the world’s largest lithium resource base.

Dreadnought Resources has released a robust scoping study for its Star of Mangaroon gold project, targeting initial production of around 20,000 ounces at a high grade of 10 g/t. The study outlines strong financial metrics and sets the stage for potential production in 2025, backed by a processing agreement with Black Cat Syndicate.

Pacgold Limited's latest drilling results and historic data recalculations at the Alice River Gold Project reveal a substantial bulk tonnage gold system, with multiple new targets identified for 2025 exploration.

EV Resources Limited has agreed to acquire a 70% interest in the Los Lirios Antimony Mine in Oaxaca, Mexico, positioning itself to address a tightening global antimony market amid soaring prices and supply constraints.

Pioneer Lithium Limited has halted trading of its shares pending a significant announcement about a material acquisition and capital raising, signaling a pivotal moment for the company.

Eastern Resources Limited's December 2024 quarterly cash flow report reveals a modest operating cash outflow amid ongoing exploration expenses, supported by a healthy cash reserve expected to sustain operations for over 19 quarters.

Toubani Resources' December quarterly report confirms the Kobada Gold Project as a major gold development with robust financials and progressing government engagement in Mali. The company is advancing permitting and financing efforts as it targets shovel-ready status in 2025.

Norwest Minerals reports significant silver, lead, zinc, and copper intersections at its West Arunta project, while advancing gold exploration at Bulgera and planning further drilling campaigns.

Legacy Minerals is ramping up exploration across its NSW portfolio, initiating large-scale geophysical surveys and updating mineral resource estimates, setting the stage for significant drilling campaigns in 2025.

GR Engineering Services has secured a $75.1 million EPC contract to upgrade the King of the Hills processing facilities, reinforcing its foothold in Western Australia's gold sector.