Latest Mining News

Patagonia Lithium has entered a strategic partnership with Ameerex Corporation, aiming to bolster investment and development in its Formentera lithium project and Brazilian rare earth ventures.

Codan Limited has reported a strong first-half FY26 trading update, with revenue up 29% and underlying net profit after tax soaring 52%, driven by robust metal detection and communications segments.

QGold Pty Ltd has increased its all-cash takeover offer for Venus Metals Corporation shares from 17 to 21 cents and extended the offer period to 30 January 2026, signalling renewed intent to secure full ownership.

Iltani Resources reports exceptional silver-indium assay results from its Orient Project’s Link Zone in Queensland, confirming potential to connect key mineral resources. Backed by a fresh $8 million investment, the company plans an aggressive drilling program to expand and upgrade its resource base in 2026.

Impact Minerals reports significant advances in membrane technology integration and potash by-product recovery at its Lake Hope High Purity Alumina project, revealing a promising new large-scale potash opportunity.

Rio Tinto and Glencore have entered preliminary talks about a possible all-share merger via a Court-sanctioned scheme of arrangement, though no firm offer has been made. The mining giants have until early February to decide on progressing the deal.

WA1 Resources has reported exceptional high-grade niobium drill results from its Luni Niobium Project, extending mineralisation and setting the stage for an updated resource estimate in 2026.

Lunnon Metals has reported significant gold intercepts at its Paringa West prospect, confirming a promising new geological structure within the prolific St Ives gold camp. The results bolster the company’s exploration ambitions in Western Australia’s renowned Foster-Baker Project.

Eastern Metals Limited will have its trading suspension lifted on 9 January 2026, marking its return to the ASX after meeting key listing requirements.

Alkane Resources delivered a robust December quarter with 43,663 ounces of gold equivalent production and a significant increase in cash and bullion holdings to A$246 million. The company maintains its FY2026 production guidance amid ongoing exploration and development.

Northern Star Resources has confirmed a downgrade to its FY26 gold production guidance following operational challenges, including a primary crusher failure and processing issues at key sites. The company affirms compliance with ASX disclosure rules and outlines the timeline of its awareness and announcements.

Ryzon Materials Limited faces ASX scrutiny over the timing and disclosure of a $1 million advance from Xinhai Mining, with the company responding to regulatory queries and committing to improved governance.