Latest Mining News

Kore Potash has initiated a formal sale process as it seeks a strategic partner with potash mining expertise for its Kola Project, while also reviewing funding options to support project construction.

Lithium Universe Limited has successfully raised $2.46 million through the first tranche of a share placement, fueling its ambitions to build a green lithium refinery in Canada and advance innovative solar panel recycling technologies.

Forrestania Resources has completed its acquisition of North Iron Cap Pty Ltd, adding a JORC-compliant gold resource of over 100,000 ounces to its portfolio. The move strengthens its position in Western Australia’s prolific gold mining regions.

Arafura Rare Earths has successfully completed the first tranche of its A$475 million capital raising, issuing 440.6 million shares and securing A$123.4 million before costs. The second tranche, worth A$351.6 million, awaits shareholder approval.

Pacific Nickel Mines Limited has agreed to sell its entire interest in the Kolosori Nickel Project to Green Rock Limited for a nominal $1, while securing a royalty agreement tied to future nickel ore shipments.

McLaren Minerals has identified a promising second shoreline adjacent to its existing McLaren Titanium Project resource, revealing fresh exploration potential within historical data. The company plans further drilling in early 2026 to validate and expand this new target.

Golden Horse Minerals has initiated a 2,000m reverse circulation drilling campaign targeting historically rich gold prospects in the Golden Valley area, aiming to unlock shallow mineralisation near old high-grade workings.

Volt Resources has raised $2.23 million through a share placement to fund the feasibility study and development of its high purity graphite refinery in Alabama, alongside advancing a pilot plant for ultra-high purity graphite.

Pinnacle Minerals has launched a rapid mine restart study at the historic Lightning Peak Open Pit within its Thunder Mountain Gold-Silver Project in Idaho, aiming to revive gold and silver production using modern exploration techniques.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Horizon Gold Limited has announced an updated Mineral Resource Estimate for its Gum Creek Gold Project, revealing an 8% increase in gold ounces and a notable 26% rise in average grade. This upgrade underscores the project's growing potential in Western Australia's Murchison region.

Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.