Latest Mining News

Group 6 Metals has extended its offtake agreement with global trader Traxys, locking in a multi-year supply of tungsten concentrate valued at US$1.75 billion. This deal strengthens G6M’s market access amid growing demand for critical minerals.

Advance Metals has confirmed significant gold mineralisation at the Queen of the Hills Prospect near Happy Valley, with ongoing drilling and metallurgical testing pointing to a promising expansion of the Myrtleford Project’s gold footprint.

Terramin Australia has initiated site preparation at its Tala Hamza Zinc Project in Algeria following the resolution of land access issues, backed by a significant government land acquisition. This milestone signals a shift from delays to active development readiness for one of the world’s largest undeveloped zinc deposits.

Auric Mining has delivered a standout performance at its Munda Starter Pit, producing 46% more gold than budgeted and generating a net cash position of A$43.5 million. The results suggest a larger, higher-grade gold resource than previously estimated.

Desert Metals has launched a 2,000m aircore drilling campaign at its Tiogo gold prospect in Côte d’Ivoire, aiming to bridge a key gap between high-grade gold intercepts and unlock further potential along a major mineralised corridor.

Battery Age Minerals has validated its exploration model with maiden drilling results at Austria’s Bleiberg district, intersecting promising zinc-lead-germanium mineralisation. The company plans further targeted drilling to expand on these early successes.

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.

Black Horse Mining has reported exceptional high-grade gold results from its Mt Egerton project, including assays reaching 46.2 grams per tonne, extending known mineralisation vertically by 10 metres. The findings reinforce the potential for significant unmined gold lodes at shallow depths.

Podium Minerals has announced its maiden JORC-compliant Mineral Resource Estimate for the Range Well Nickel Project, reporting 2.63 million tonnes of contained nickel. The resource, adjacent to its flagship Parks Reef PGM Project, offers promising operational synergies and strategic growth opportunities.

McLaren Minerals has identified a vast 54-kilometre zircon-rich mineral sands system with promising rare earth element potential at its Barossa Project in South Australia’s Eucla Basin. Historical data and geological reinterpretation reveal multiple mineralised centres, setting the stage for further exploration.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

SQX Resources has addressed an ASX compliance query regarding director Bevan Tarratt’s trading during a closed period, confirming prior board approval and an administrative disclosure error.