Latest Mining News

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia from Westgold Resources, gaining a 0.9 million ounce gold resource with significant expansion potential. The company is set to initiate a 50,000-metre drilling program funded by a $28 million placement, positioning itself for rapid growth in a Tier-1 gold jurisdiction.

Savannah Goldfields reports steady gold production at its Georgetown plant, with new feedstock from historic sites and a third-party toll treatment agreement supporting continuous operations.

Horizon Minerals reports spectacular ultra high-grade gold drill results from its Phase 1 program at the Burbanks project, confirming significant resource expansion potential. The ongoing 30,000m drilling campaign aims to upgrade and grow the existing Mineral Resource Estimate.

North Stawell Minerals has expanded its soil geochemistry program at the Darlington Prospect, revealing a significant 600-metre offset in gold mineralisation and reinforcing the potential for high-grade deposits along the Darlington-Caledonia trend.

Middle Island Resources’ maiden drilling at Serbia’s Bobija Project reveals a broad, continuous polymetallic mineralised zone with significant gold and silver grades, expanding the known deposit footprint.

Arika Resources has reported a significant expansion of high-grade gold mineralisation at its Pennyweight Point prospect, intersecting thick zones 100 metres below previous drilling. The discovery confirms the continuity of mineralisation and opens new possibilities for mining at the Yundamindra Gold Project.

Boab Metals has approved the Final Investment Decision for its Sorby Hills Silver-Lead Project, fully funding construction and targeting first production in the second half of 2027.

Gold Mountain Limited reports outstanding diamond drill results from its Irajuba IR-1 prospect in Brazil, confirming a significant rare earth exploration target with high-grade mineralisation.

Almonty Industries has marked a pivotal milestone by delivering the first ore to the ROM pad at its Sangdong tungsten mine, signaling the start of commercial mining and a strategic shift in global tungsten supply chains.

Marvel Gold Limited has agreed to sell its Yanfolila Gold Project in Mali to Askiya Mineral Resources for up to US$1.94 million, marking a strategic shift to focus on its Tanzanian assets.

Diablo Resources has completed drilling at its Phoenix Copper Project and is progressing high-grade silver-antimony exploration at Star Range, positioning itself to capitalize on growing US critical minerals demand.

Audalia Resources is set to raise $540,000 through a share placement to fund critical development stages of its Medcalf Project and bolster working capital.