Latest Mining News

Almonty Industries has commenced commercial production at its flagship Sangdong Mine in South Korea and secured more than US$200 million through Nasdaq IPO and equity offerings to fund expansion projects. Despite rising revenues driven by soaring tungsten prices, the company reported a significant net loss due to non-cash derivative liabilities.

Diatreme Resources has reported a significant boost in mineral recoveries and production forecasts for its Cyclone Project in Western Australia, driven by advanced metallurgical testwork and flowsheet optimisation.

Stavely Minerals has unveiled a substantial upgrade to its 2026 Mineral Resource Estimate, more than doubling contained copper and advancing a scoping study that highlights promising production potential.

QX Resources has confirmed multiple high-grade uranium zones at surface within its Madaba Uranium Project in Tanzania, identifying nine immediate drill targets. Planned exploration aims to rapidly advance towards a maiden resource.

Core Lithium has successfully raised A$120 million through a two-tranche institutional placement, securing full funding to restart its Finniss Lithium Operation and target production by Q3 2026.

Image Resources NL has extended its prepayment facility term to December 2026 and negotiated a six-month repayment holiday to ease cashflow pressures amid a soft mineral sands market.

Patriot Resources has appointed Dominic Duggan as Managing Director and CEO, signalling a strategic push to advance its global mining projects. Duggan’s blend of technical and financial expertise is expected to steer the company through its critical development stage.

Lightning Minerals has appointed Troy Brice as CEO, bringing seasoned leadership to spearhead the next phase of exploration at its Mt Turner Gold Project.

EV Resources has restructured its Tecomatlán plant acquisition to fast-track antimony production with a low-risk, milestone-based payment plan. Refurbishment is underway, supported by strong metallurgical results and a clear path to near-term output.

Novo Resources has officially listed over 25 million free-attaching options on the ASX, following its recent capital raising. These options, exercisable at 15 cents, underpin the company’s ongoing exploration ambitions across Western Australia and New South Wales.

Catalina Resources has confirmed and extended gold mineralisation at the T8 target within its Yerilgee Project, revealing multiple mineralised centres along a 14 km corridor in Western Australia’s Central Yilgarn region.

Magnetite Mines Limited’s MGTOG securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.