Latest Mining News

Australia United Mining reported a productive quarter at its Forsayth project with gold-silver output, but heavy rains forced a halt to mining activities. The company faces a tight cash position, relying on related party loans and potential asset sales to sustain operations.

Morella Corporation has advanced its Mt Edon Rubidium-Lithium Project towards drilling readiness, supported by strong metallurgical results and fresh funding. The company also initiated legal proceedings related to past asset sales, underscoring a busy start to 2026.

Trek Metals has announced a breakthrough high-grade manganese discovery at its Christmas Creek Project in Western Australia, with rock chip assays reaching up to 60.1% manganese. A major drilling campaign is planned for early 2026 to explore the full potential of this promising find.

GWR Group Limited reports a robust cash position of $75 million and progresses its Prospect Ridge Magnesite Project alongside strategic investments in tungsten and royalties from iron ore and gold assets.

Kaili Resources has initiated a targeted Aircore drilling campaign across its Mallee Project tenements in South Australia, aiming to unlock rare earth element potential within the Loxton/Parilla Sands. This early-stage program follows promising regional exploration and seeks to refine future drilling focus.

Aureka Limited reports breakthrough high-grade gold assays at its Irvine and St Arnaud projects, alongside a successful $3.6 million capital raise to accelerate exploration in Victoria’s historic goldfields.

Charger Metals NL has raised $1.35 million through a well-supported placement to fund extensive drilling at its Lake Johnston Lithium and Gold Project, targeting promising new discoveries and resource expansion.

Beacon Minerals has successfully completed the first blast at its Lady Ida Iguana open pit, marking a pivotal step towards gold production expected to commence in February 2026.

Carnaby Resources, Hammer Metals' JV partner, has announced a maiden high-grade copper-gold resource at South Hope, part of the Greater Duchess Project, which now totals 29.2Mt at 1.3% copper and 0.2 g/t gold.

Highfield Resources has secured a A$10 million investment from existing strategic shareholders, extending its financial runway through early 2027 while awaiting a critical Spanish Supreme Court ruling on its Goyo mining permit appeal.

European Lithium has agreed to acquire US-based titanium company Velta Holding in an all-scrip transaction, marking a strategic diversification beyond lithium into critical materials.

Golden Dragon Mining has made significant strides following its oversubscribed ASX listing, completing its first drill campaign at the Cue Project and outlining plans to advance key gold targets.