Latest Mining News

Prodigy Gold has updated its Hyperion Gold deposit resource, boosting indicated ounces by 70% to 212,000 ounces and increasing the total resource to 454,000 ounces. This reflects successful 2025 drilling and improved confidence ahead of a planned scoping study.

Perseus Mining has agreed to sell its majority interest in the Meyas Sand Project in Sudan for US$260 million, marking a strategic shift amid regional conflict. The deal will bolster Perseus’s balance sheet and refocus resources on core assets.

MetalsGrove Mining has launched an advanced regolith mapping and UAV LiDAR survey at its Zuénoula Project, aiming to sharpen exploration targets and accelerate gold discovery in central Côte d’Ivoire.

MC Mining reports a modest improvement in half-year losses despite declining coal production and revenue, while advancing its Makhado Project and suspending Uitkomst operations to curb cash losses.

Havilah Resources has confirmed widespread stratabound copper mineralisation over a 6 km strike at its Birksgate prospect in South Australia, extending known deposits and highlighting a large, untested target area.

Mount Hope Mining Limited has reported progress in its Mt Solitary gold prospect drilling while posting a $1.14 million loss for the half-year ended December 2025. The company’s exploration efforts continue to focus on resource growth in the southern Cobar Basin.

Forrestania Resources has completed its maiden drilling program at British Hill, revealing significant high-grade gold mineralisation extending deeper and along strike. These promising results set the stage for an expanded Mineral Resource Estimate and further development.

Aquirian Limited advances its Drillforce subsidiary with new technology and equipment while mutually ending a planned joint venture with Topgroup, who remains a strategic shareholder.

Caspin Resources has raised $6 million through an oversubscribed equity placement to fast-track exploration at its Bygoo Tin Project, focusing on expanding resources at the Kelpie Deposit and regional targets.

Enterprise Metals has reported promising high-grade rare earth element assay results from its maiden drilling program at the Cuddingwarra North Prospect in Western Australia, highlighting significant potential for critical magnet rare earths.

Pacific Lime and Cement Limited has formalised a landmark agreement with the Papua New Guinea government to develop the country’s first integrated lime and cement manufacturing platform, marking a major step in PNG’s industrial growth.

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.