Latest Mining News

Power Minerals Limited has reported outstanding high-grade niobium and rare earth element results from its completed auger drilling program at the Santa Anna Project in Brazil, confirming significant near-surface mineralisation and launching a major deeper drilling campaign.

Andean Silver reports robust drilling results at its Cerro Bayo Silver-Gold Project in Chile, revealing significant mineralisation expansions and upgrades ahead of a resource update. The findings underpin ongoing restart studies and feasibility work, supported by strong funding and rising precious metals prices.

Enegex Limited has acquired a vast 3,700 km² gold exploration portfolio in Côte d’Ivoire, led by seasoned explorer Paul Roberts, setting the stage for a major push in West Africa’s prolific Birimian Belt.

Resolution Minerals has announced a significant new gold discovery at its Golden Gate South prospect in Idaho, extending the known mineralised strike length beyond the established Golden Gate North deposit. Early drilling results reveal broad, near-surface gold mineralisation with promising multi-commodity potential.

Orion Minerals has locked in a US$250 million prepayment facility with Glencore to fund key developments at its Prieska Copper Zinc Project, marking a pivotal step toward production in South Africa.

Enegex Limited has mobilised a 3,000m aircore drilling program at its Tougbe gold project following promising auger results, while planning a March RC drilling campaign at Gogo after identifying a 900m gold anomaly and artisanal workings.

Argo Investments has reported a half-year profit of $130.8 million and declared a record fully franked interim dividend of 18.5 cents per share, reflecting strong dividend growth despite a challenging market environment.

Prospect Resources has announced a significant update to its Mumbezhi Copper Project resource estimate, revealing a 63% increase in copper tonnage and maiden gold and cobalt resources, positioning the project closer to development.

PC Gold Limited has raised approximately A$24 million through a placement led by institutional investors, including a A$5 million cornerstone from Macquarie Bank, to accelerate exploration and development at its Spring Hill Gold Project.

DeSoto Resources has significantly expanded its footprint in Guinea’s prolific Siguiri Basin by acquiring three new reconnaissance projects and advancing multiple exploration programs across its portfolio.

Gateway Mining has identified promising gold mineralisation at its newly discovered Hummer Prospect, adjacent to the Haflinger discovery within the Yandal Gold Project. Early drilling results reveal significant oxide gold intercepts, signalling potential for a major new gold system.

Dateline Resources has completed detailed infill geophysical surveys at its Colosseum Gold and Rare Earth Project in California, setting the stage for imminent diamond drilling. The integrated data aims to refine deep structural targets within a 1.1 million ounce gold resource.