Latest Mining News

VRX Silica Limited has successfully closed a renounceable rights issue, securing $2.86 million to fund key developments at its Arrowsmith North and Muchea silica sand projects.

Amara Minerals has completed a $2.2 million placement by issuing 440 million shares at a 25% premium, backed by a $500,000 cornerstone investment from Nova Minerals. The funds will fuel drilling at its Victorian gold-antimony projects and support broader exploration ambitions.

Li-FT Power Ltd. has obtained a binding call option to acquire the Renard diamond mine site or its owning companies, aiming to repurpose its processing infrastructure for lithium production. The deal hinges on Canadian court approval and involves a significant option fee and care commitments.

Babylon Pump & Power is steering through a strategic reset with its rental business booming and new funding arrangements in place, aiming to resume trading by August 2026.

Arrow Minerals has sealed its acquisition of an 80% interest in the Yarraloola Copper Project in Western Australia’s Pilbara, following a capital raising that underpinned the deal. The company’s next steps hinge on resource milestones that could trigger further share payments.

Polymetals Resources has confirmed that substantial high-grade mineralisation remains intact near a previously assumed collapse zone at the Endeavor Mine, with initial drilling results exceeding expectations.

Golden Dragon Mining's latest drilling at Behring Bore within the Cue Gold Project has intersected further high-grade gold near surface, reinforcing the prospect’s potential as a large-scale mineralised system with open extensions.

Patriot Resources has independently confirmed the reliability of historical assay data at its Tassa Silver-Gold Project in Peru, reinforcing confidence in its 31.4Moz inferred resource and clearing regulatory hurdles ahead of a maiden drill campaign.

Clara Resources has secured options over 111 square kilometres of new tenure along the Kingsborough Fault corridor at its Mareeba Gold Project, consolidating a district-scale landholding rich in gold, antimony and tungsten prospects.

Iron Bear Resources has received the fourth tranche of USD 2 million from Vale, advancing the development of its Iron Bear iron ore project in Canada. This latest funding supports critical operational milestones including drilling and the Pre-Feasibility Study.

Tivan Limited has inked a Memorandum of Understanding with Aboriginal Investment NT to explore investment and Indigenous participation in the Molyhil Tungsten Project, advancing its critical minerals ambitions in the Northern Territory.

American West Metals is finalising its Pre-Feasibility Study for the Storm Copper Project in Nunavut, advancing permitting and exploration along a 110km copper belt, backed by secured development funding.