Latest Mining News

Exultant Mining Limited has marked a strong start post-IPO with promising early exploration results and a robust cash position, setting the stage for systematic drilling in 2026.

Krakatoa Resources has confirmed high-grade antimony and gold mineralisation at its Zopkhito Project in Georgia through its maiden drilling program, reinforcing historical estimates and setting the stage for a JORC-compliant resource.

Mandrake Resources advances its Utah Lithium Project with a significant 3.3Mt lithium carbonate equivalent inferred resource, alongside key agreements for lithium offtake and uranium recovery.

Australian Silica Quartz Group advances metallurgical and high purity quartz projects with promising assay results, while progressing gold exploration at Koolyanobbing. The company strengthens its balance sheet following a rural property sale.

Castle Minerals has advanced its West African gold exploration with extensive soil sampling and auger drilling, while strengthening its board and maintaining a solid cash position of approximately A$3 million.

Miramar Resources has kicked off a significant reverse circulation drilling campaign at its Gidji JV Gold Project, targeting promising bedrock gold deposits near Kalgoorlie. The program aims to follow up on earlier discoveries of supergene gold anomalies with deeper exploration.

Berkeley Energia reports promising metallurgical results from its Conchas critical minerals project in Spain while pursuing a US$1 billion arbitration over permitting delays at its Salamanca uranium project.

Metallium Limited has kicked off commissioning at its Texas Technology Campus, sealed a multi-year feedstock deal with Glencore, and bolstered its balance sheet with a A$75 million capital raise, setting the stage for commercialisation in 2026.

Perseus Mining reported a mixed December quarter with stable overall production guidance but rising costs and strong cash reserves, while advancing key projects in West Africa and Tanzania.

Sheffield Resources reported a 7% decline in ore mined and a 15% drop in concentrate production for the December quarter, while maintaining strong zircon concentrate shipments despite challenging market conditions. The company is advancing loan restructuring efforts and preparing for steady production in early 2026.

Aurum Resources has reported significant resource growth and strong drilling results at its Boundiali and Napié gold projects in Côte d’Ivoire, supported by a robust $40 million cash position.

Perseus Mining reported steady gold production in Q2 FY26 with 88,888 ounces at a higher cost, maintaining a robust cash and bullion balance of US$755 million. The company’s development projects remain on track despite increased royalties and a rejected acquisition bid.