Latest Mining News

Meteoric Resources hosted Minas Gerais Governor Romeu Zema at its Caldeira Rare Earth Project pilot plant, highlighting continuous production success and strong government backing for the project’s expansion.

Lodestar Minerals has verified xenotime as the dominant heavy rare earth mineral at its Virgin Mountain project in Arizona, highlighting critical elements essential for US defence and clean energy. The discovery positions the project as a strategic domestic source of scarce heavy rare earths.

Variscan Mines maintains its 49% interest in the Callabonna Project while Chalice Mining steps in to fund and accelerate exploration through a new earn-in deal with Red Metal.

Western Gold Resources has formalised critical road access agreements enabling ore haulage from its Gold Duke Project to nearby processing facilities, marking a significant step forward in project development.

Lachlan Star Limited has provided important clarifications on visible gold imagery from its New Waverley project, confirming high-grade assay results while cautioning on the qualitative nature of visual gold observations.

CuFe Ltd has significantly upgraded the Orlando Copper-Gold Deposit resource classification at Tennant Creek, boosting Indicated tonnes to 87% and enabling underground mining studies. This milestone enhances the project’s economic outlook with critical minerals now factored into upcoming development plans.

First Au Limited has secured a binding agreement to acquire the Barlee Gold Project in Western Australia, significantly enlarging its exploration portfolio in a historically productive yet underexplored greenstone belt.

Pancontinental Energy has won a crucial 12-month extension for its PEL 87 offshore Namibia exploration licence, enabling further seismic analysis and drilling preparations. This extension keeps the project on track as the company seeks a farmin partner to advance exploration.

Anax Metals has successfully raised $10 million through a two-tranche placement, strengthening its financial position ahead of critical funding and development milestones for the Whim Creek Copper Project.

Ballymore Resources has traced a large-scale gold system over a 5km corridor at its Dittmer Gold Project, highlighted by high-grade visible gold near Mount Quandong. Underground development is advancing to support upcoming drilling aimed at expanding the resource.

Viridis Mining and Minerals has raised AU$25 million through a heavily oversubscribed placement, bolstering its cash position to approximately AU$76 million as it advances the Colossus Rare Earth Project towards a Final Investment Decision in Q3 2026.

Manhattan Gold Corporation has successfully raised A$3 million through an oversubscribed placement, setting the stage for a pivotal drill campaign at its Hook Lake project in Canada.