Latest Mining News

Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.

Nimy Resources has addressed an ASX inquiry regarding recent spikes in its share price and trading volume, confirming no undisclosed information but highlighting ongoing work on its maiden JORC Exploration Target for gallium.

Litchfield Minerals Limited reports significant progress in Northern Territory exploration, including strategic acquisitions and advanced geophysical surveys, while managing weather-related delays to drilling schedules.

Andromeda Metals has secured a $2.34 million R&D tax refund for the 2024 financial year, reinforcing its funding strategy and underpinning development of the Great White Project.

Xanadu Mines has lodged a comprehensive NI 43-101 technical report for its Kharmagtai Copper-Gold Project, revealing key differences in production and economic outcomes compared to earlier ASX disclosures due to regulatory standards.

Great Boulder Resources has announced a promising new gold discovery at its Side Well South project, with recent AC drilling intersecting high-grade gold mineralisation near historic workings. Drilling is ongoing, aiming to expand this emerging zone.

Gullewa Limited reports significant gold assay results from its 2024 Phase 1 drilling campaigns at the South Darlot Gold Project and British King, expanding known mineralisation zones and confirming high-grade potential.

Askari Metals has closed a $350,000 strategic placement with Celtic Finance Corp. to advance its growing uranium portfolio in Tanzania, shifting away from a previously planned Rights Issue.

Emmerson Resources has resumed and expanded its RC drilling program at the White Devil Gold Project, with initial resource estimates expected imminently and further updates planned after assay results.

Rapid Lithium Limited has revised payment terms for its Ingersoll Project acquisition and opted out of a previously planned deal with Patriot Lithium, sharpening its focus on lithium exploration and a new gallium-germanium project.

Indiana Resources Limited has confirmed a new high-grade gold zone at its Minos Gold Prospect in South Australia, with recent drilling revealing multiple significant intercepts. The company plans an aggressive 2025 exploration program to expand the deposit and establish a maiden resource.

Terrain Minerals has commenced reverse circulation drilling at its Lort River Project in Western Australia, targeting high-priority Vtem bedrock sulphide conductors that mirror the geology of IGO's Nova-Bollinger nickel-copper mine. Results are expected in early March 2025.