Latest Mining News

Waratah Minerals reveals substantial high-grade gold extensions at its Spur Gold Project, with drilling extending mineralisation up to 160m and confirming a district-scale system.

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Critical Resources Limited’s initial sampling at the Croesus Project in New Zealand has verified a high-grade gold-antimony system with assays up to 13.3 g/t gold and 6,990 ppm antimony, underpinning its exploration model and setting the stage for follow-up work.

Piche Resources’ maiden RC drilling at Cerro Chacón reveals a widespread low-sulphidation epithermal gold-silver system, with assays confirming mineralisation over 10 km² at Toro Hosco and promising high-grade silver and gold intercepts.

Belararox has locked in a further A$2 million through a placement priced 25% above its current shares, boosting funds for copper exploration in Botswana and Argentina.

Aurum Resources has unveiled a robust Pre-Feasibility Study for its Boundiali Gold Project in Côte d'Ivoire, declaring a maiden Probable Ore Reserve of 1.21 million ounces and targeting first gold production in early 2028.

Mount Ridley Mines has unveiled exceptional scandium grades from its Phase 1 re-assay program at Grass Patch, revealing a new mineralised zone 13 kilometres beyond the existing resource boundary and highlighting significant untapped potential.

Minbos Resources has drawn down the first US$4.8 million from its US$16 million loan facility with South Africa’s IDC, marking a key step forward for the Cabinda Phosphate Fertilizer Plant. The company has initiated orders for critical equipment and completed Phase-1 construction, with Phase-2 contracts expected soon.

PC Gold has acquired the former Territory Iron accommodation camp near its Spring Hill Gold Project for A$770,000, gaining 64 rooms and full utilities. The move cuts capital costs and development time, supporting exploration and mine development.

Forrestania Resources has boosted its Lady Lyla gold deposit resource to 41,700 ounces at a higher grade, unveiling a maiden Indicated category that now constitutes the majority of the resource. The update follows a substantial drilling campaign and sets the stage for further development work at the Forrestania Gold Hub in Western Australia.

Evolution Energy Minerals has identified four priority copper drill targets at its Chikundo Project in Tanzania following a comprehensive soil sampling program, setting the stage for an imminent maiden drilling campaign.

Indiana Resources has identified a substantial 7-kilometre undrilled gold anomaly at its Ealbara Prospect within the Gawler Craton, South Australia. Geological analysis suggests the anomaly originates from bedrock mineralisation, with drilling slated post-heritage clearance.