Latest Mining News

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.

Lion Rock Minerals has reported promising high-grade rutile intercepts across a 24-kilometre strike at its Minta Project in Cameroon, advancing towards a maiden Mineral Resource Estimate expected in the second half of 2026.

Hillgrove Resources has reported significant new copper-gold mineralisation at its Kanmantoo Copper Mine, with drilling confirming extensions at Nugent and Nugent East. Development progress and positive cash flow underpin ambitious production targets.

Adelong Gold Limited has received a $1.17 million tax indemnity claim linked to alleged fraudulent GST reporting at Challenger Mines, which it plans to dispute. The claim stems from activities predating the current management team.

Gorilla Gold has reported high-grade gold intersections well beyond its existing Mulwarrie resource, revealing significant potential for resource expansion and a broader exploration footprint across a 30km corridor.

Broken Hill Mines reveals a large, continuous zone of exceptionally high-grade silver-lead-zinc mineralisation at its Pinnacles Mine, with grades soaring up to 1,556g/t AgEq. The discovery bolsters plans for accelerated underground development alongside near-term open pit operations.

Kaiser Reef Limited has renewed Managing Director Brad Valiukas’ contract, reinforcing leadership continuity as the company targets strong production at Henty and growth at Maldon.

West Wits Mining has poured its first gold from the Qala Shallows project in South Africa, marking a pivotal shift from development to production. This milestone positions the company as the newest gold producer in the historic Witwatersrand Basin.