Latest Mining News

Summit Minerals has significantly expanded the soil anomaly footprint at its Equador Niobium Project in Brazil and secured $1.67 million through a placement and fully underwritten rights issue to advance exploration.

FMR Resources has commenced a 4,000m diamond drilling program at its newly acquired Chilean copper-gold-molybdenite project, supported by a $3.4 million capital raise and strategic board appointment.

Belararox Limited has kicked off its 2025/26 field season in Argentina and progressed drilling in Botswana’s Kalahari Copper Belt, supported by a recent A$8.5 million capital raise that strengthens its financial position.

Westar Resources reported strategic tenement adjustments and promising assay results at its Mageye prospect during the September 2025 quarter, while maintaining a cautious cash position and continuing exploration efforts.

Dateline Resources advances its Colosseum Gold-REE Project with a major drilling campaign, fresh exploration targets, and a $25 million capital raise, positioning for construction in 2026.

Tempest Minerals reports significant progress at its Yalgoo iron deposit and Mount Magnet gold projects, with new drilling programs and promising targets identified.

MetalsTech Limited has strengthened its balance sheet with a $3.3 million strategic placement and cleared debt, pushing forward the Pre-Feasibility Study for its Sturec Gold Mine in Slovakia. The study is on track for completion by year-end, aiming to unlock significant project value.

Papyrus Australia has taken a major step towards commercialisation by signing a $4.2 million binding Terms Sheet with TBS Mining Solutions and progressing a high-volume production facility in Vietnam. The company also secured a $250,000 government grant and restructured its leadership to support growth.

Carbine Resources reports steady progress on its Muchea West and Down South silica sand projects, securing key approvals and expanding exploration activities while maintaining a robust cash balance.

Elementos Limited advances its Oropesa Tin Project in Spain and Cleveland Tin Project in Tasmania, securing a binding option to acquire 50% of a Spanish tin smelter, positioning itself as the European Union’s primary vertically integrated tin producer amid strong tin prices.

Breakthrough Minerals Limited has resumed trading on the ASX following a pivotal announcement about a new mineral project acquisition and a capital raising initiative.

Breakthrough Minerals has entered a conditional agreement to acquire a substantial North Queensland Copper-Gold Project near Mt Isa, boasting an 18.8 million tonne resource and backed by an $8.15 million capital raise. The acquisition positions the company for aggressive exploration and development in a prolific copper district.