Latest Mining News

Noronex Limited has agreed to sell its Witvlei copper project in Namibia for A$4.5 million, enabling a sharper focus on its core Kalahari Copper Belt assets and uranium exploration. The staged payment deal includes options issuance and a royalty, signaling strategic portfolio refinement.

Black Dragon Gold has completed a €2.64 million placement to Spanish high-net-worth investors, strengthening local ties and funding key engineering work for its Salave Gold Project in Asturias.

Mammoth Minerals has delivered promising initial diamond drilling results at its Excelsior Gold Project in Nevada, confirming extensive high-grade gold mineralisation and validating its geological targeting model.

BPM Minerals reports outstanding high-grade rare earth element assays from its Durack Project in Western Australia, highlighting the potential for a major monazite-hosted REE deposit. The discovery aligns with growing global demand and Australian government support for critical minerals.

Power Minerals Limited has reported further high-grade niobium and rare earth element results from its Santa Anna project in Brazil, setting the stage for a significant 10,000m drilling campaign aimed at delivering a maiden resource estimate in early 2026.

Lachlan Star’s latest drilling at the Killaloe Gold Project confirms extensive near-surface gold mineralisation and sets the stage for deeper exploration backed by government funding.

AuKing Mining has completed a $400,000 share placement to fund its gold exploration efforts in Queensland’s Cloncurry region, with an extraordinary meeting set to approve new options.

QGold Pty Ltd has initiated an unconditional on-market takeover offer for all shares of Venus Metals Corporation Limited at $0.17 per share, representing a notable premium to recent trading prices. The offer, which allows immediate acceptance via ASX brokers, signals a potential shift in control and strategy for Venus Metals.

Southern Hemisphere Mining has revealed a promising discovery of high-grade oxide copper mineralisation at surface during drill pad preparation at its Ferro South prospect in Chile’s Llahuin Project. Preliminary readings suggest a robust near-surface copper system that could accelerate development plans.

QGold Pty Ltd has initiated an unconditional on-market takeover bid for Venus Metals Corporation at $0.17 per share, aiming to consolidate its 26.4% stake by acquiring the remaining shares through a market purchase strategy.

Enegex Limited reports significant high-grade gold soil anomalies along a 5km trend on its Gogo permit in Côte d’Ivoire, setting the stage for trenching and drilling programs in early 2026.

Viridis Mining and Minerals has locked in a US$30 million strategic funding agreement with Brazilian asset managers Régia Capital and ORE Investments, setting a clear path to Final Investment Decision for its Colossus rare earth project.