Latest Mining News

Invictus Energy has raised $10 million in a placement to fund the drilling of the Musuma-1 exploration well, targeting a substantial gas and condensate resource in Zimbabwe’s Cabora Bassa Basin. The well, planned for H2 2026, aims to build on the Mukuyu discovery and accelerate commercial development.

Tanami Gold's Central Tanami Project Joint Venture has chosen Macmahon as preferred contractor for a $38 million underground exploration decline at Groundrush, aiming to kick off construction in September 2026.

Lachlan Star has secured a 90% stake in the New Waverley gold project, confirmed high-grade gold mineralisation, and launched a maiden diamond drilling program. A recent $7.47 million placement will accelerate exploration efforts in Western Australia’s Norseman district.

Aurum Resources has unveiled robust assay results from 40 diamond drill holes at the BDT2 deposit, confirming substantial gold mineralisation beyond current resource boundaries and underpinning its 4.2Moz group resource growth strategy in Côte d'Ivoire.

Great Dirt Resources bolstered its leadership with key industry veterans, secured $1.446 million in funding, and reported promising lithium anomalies at its Pilbara Project, all while renewing its NSW manganese exploration licence.

Turnstone Resources has confirmed promising high-grade gold and copper mineralisation from initial rock chip sampling at its newly acquired Klinten Project in Southern Sweden, setting the stage for a targeted drill program later this year.

Astral Resources has boosted its Mandilla Gold Project Mineral Resource Estimate by 22% to 1.74 million ounces, introducing a maiden Measured Resource for the flagship Theia deposit. Including Feysville and Spargoville, the Group’s total resource now stands at 2.07 million ounces.

Boab Metals has secured a six-year diesel supply deal with Cambridge Gulf subsidiary CGL Fuel, ensuring fuel reliability for Sorby Hills as it advances toward production in late 2027.

Anson Resources has lodged an updated Small Mining Operations notice for its 10,000tpa Green River lithium carbonate plant in Utah, marking the last significant regulatory hurdle before construction. The revised plant layout, backed by a near-complete Pre-feasibility Study, leverages existing infrastructure and private land ownership to enhance project bankability.

Pantera Minerals has seen a 37% uplift in the valuation of its EnergyX stake following an increase in EnergyX’s Regulation A raise price to US$13 per share, reflecting operational progress and stronger market confidence.

Ardiden Limited’s latest drilling at the Astoria deposit delivers substantial high-grade gold intercepts and broad mineralised halos, reinforcing the potential for significant resource growth within the Rouyn Gold Project.

Kalgoorlie Gold Mining has launched a substantial 41-hole reverse circulation drilling campaign at its Pinjin Gold Project, targeting resource growth at Kirgella Gift, Providence, and Lighthorse. The program aims to refine and extend existing gold mineralisation within a key part of the Laverton Tectonic Zone.