Latest Mining News

Tanami Gold NL reported robust exploration progress in its December 2024 quarterly update, highlighting promising drilling results at multiple prospects within the Central Tanami Project and maintaining a solid cash position of $21.3 million.

Avira Resources reports significant progress in its Swedish Puolalaki Project with ongoing farm-out talks and secures a new tenement in Western Australia’s Tangadee Project, while preparing a capital raise to fund exploration.

Alma Metals has confirmed a significant new copper and molybdenum discovery at its Briggs Copper Project in Queensland, expanding the resource potential and setting the stage for a resource update and scoping study in 2025.

Vital Metals reports a substantial 56% increase in Measured and Indicated Resources at its Tardiff project, alongside a significant expansion of its Nechalacho land footprint and plans for a forthcoming Scoping Study.

Matsa Resources has secured $3.13 million through a share placement to fast-track mining operations at its Devon Pit Gold Mine, backed by major shareholders and a new sophisticated investor.

Silver Mines Limited has secured $25 million in funding and released an updated Ore Reserve and Optimisation Study for its flagship Bowdens Silver Project, reinforcing its position as a leading silver developer in Australia.

Citigold Corporation reports steady progress in restarting its Charters Towers Gold Project, highlighting successful test mining and ongoing exploration while preparing for large-scale production.

Charger Metals NL's December quarter cash flow report reveals a $800,000 net cash decrease, driven by sustained exploration spending and limited operating receipts, leaving the company with $2.49 million in cash.

Charger Metals NL reports significant progress in its lithium exploration projects at Lake Johnston and Bynoe, backed by Rio Tinto's funding and a recent $0.77 million capital raise. Upcoming assay results and drilling programs could shape the company’s growth trajectory.

Globe Metals & Mining has obtained a $1.2 million unsecured loan from Director Bo Tan to support working capital and progress its Kanyika Niobium Project feasibility study without diluting shareholders.

Piche Resources has made significant strides in its exploration activities, advancing all three priority projects to the drilling phase with promising gold and uranium results. The company is gearing up for extensive drilling campaigns in 2025, underpinned by strong technical data and a solid cash position.

Cyprium Metals has secured $13.5 million in a two-tranche placement and released a robust prefeasibility study for its Nifty Copper Complex, confirming strong economic viability with a pre-tax NPV of $1.12 billion. The company is also reviewing its Murchison assets and selling surplus equipment to streamline operations.