Latest Mining News

Grand Gulf Energy has acquired the Dry Wash Antimony Project in Utah, positioning itself alongside active high-grade exploration by American Tungsten and Antimony Limited. The company plans rapid exploration and has raised $500,000 to fund its initial work program.

Verity Resources is raising approximately $2 million through a non-renounceable entitlement offer to advance its Monument Gold and Botswana copper-silver projects, with directors backing the move through participation and underwriting.

Aureka Limited has reported compelling high-grade gold intercepts from its Irvine Project in Victoria’s Stawell Gold Corridor, reinforcing confidence in expanding its existing resource base.

BMG Resources has raised $2.5 million in a placement led by Tribeca Investment Partners to fund an expanded drilling program at its Abercromby Gold Project and advance exploration at Bullabulling. The company also welcomes Ben Pollard as its new CEO to spearhead growth.

Terra Critical Minerals has expanded its True American Tungsten Project in Nevada to over 1,130 acres, revealing new high-grade tungsten mineralisation from surface samples. This under-explored system, untouched since the 1940s, now offers promising dual-style mineralisation targets ahead of a planned spring exploration campaign.

Cannindah Resources has raised $15 million through a two-tranche placement and launched a $2 million share purchase plan to fund expanded exploration at its Mt Cannindah Copper-Gold Project.

Theta Gold Mines Limited has released a Revised Feasibility Study for its TGME Gold Mine Project in South Africa, projecting robust economics with a 13.1-year mine life and first gold production slated for early 2027.

Aurora Energy Metals updates investors on its strategic option agreement with Eagle Energy Metals, which is set to become the first US-listed uranium explorer with SMR technology following a pending SPAC merger.

Morella Corporation has expanded its rubidium exploration footprint at the Mt Edon Project in Western Australia, identifying multiple new high-grade targets with assays up to 2.84% Rb2O. This development strengthens the company's position in the critical minerals sector alongside its lithium assets.

QX Resources has raised $1.23 million through a placement to fund exploration at its promising Madaba Uranium Project in Tanzania, setting the stage for a heli-borne survey and maiden drilling program this year.

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

Aguia Resources has successfully raised $5 million through a well-supported placement to fund key developments in its Colombian gold and Brazilian phosphate projects. The capital injection aims to boost production and strengthen the company's balance sheet.