Latest Mining News

Patronus Resources reports significant gold intercepts at its Cardinia Gold Project and confirms high-grade uranium at Thunderball, while advancing exploration in the Northern Territory with large-scale gold anomalies identified.

Equinox Resources has confirmed significant near-surface rare earth mineralization at its Campo Grande Project in Brazil, with surface samples reaching up to 17,346 ppm TREO. The company is advancing exploration and evaluating strategic options for the project.

Miramar Resources has granted Future Battery Minerals an exclusive option to acquire its Randalls Project for up to A$800,000, enabling a strategic refocus on its core gold and critical minerals assets.

BPM Minerals has secured the Forelands Gold Project with promising high-grade intercepts and divested its Claw Gold Project to Capricorn Metals, bolstering its cash position ahead of upcoming drilling.

Belararox Limited has kicked off its field season at the Toro-Malambo-Tambo Project in Argentina, initiating geophysical surveys to sharpen drill targets ahead of a planned Q4 drilling campaign.

Tyranna Resources has acquired a controlling interest in the expansive Chinguar Gold Project in Angola, positioning itself to explore a region rich in artisanal gold workings with promising geological data.

Ora Banda Mining Ltd reported a record September quarter with a 39% surge in gold production and a 37% rise in gold sales, underpinned by strong operational performance and exploration success.

Black Canyon Limited has upgraded the JORC classification of its KR2 manganese deposit to 90% Indicated, enhancing resource confidence and supporting improved mine planning for its Balfour Manganese Field project.

Australian Vanadium Limited is seeking shareholder approval for a 25 – 1 share consolidation aimed at streamlining its capital structure and enhancing investor appeal without altering shareholder value.

Sarama Resources has completed the third tranche of its A$2.7 million equity placement, raising A$100,000 to advance exploration at its Cosmo Gold Project and support ongoing arbitration efforts.

Sultan Resources has increased its capital raising to $1.1 million through additional investor interest, with key approvals pending at the upcoming AGM. The funds aim to accelerate exploration at its promising projects in Namibia and Western Australia.

Besra Gold has disclosed a significant reduction in its Mineral Resource Estimate to 2.28 million ounces, addressing ASX concerns over recent unusual trading activity. Despite the downgrade, the company’s share price has risen sharply, leaving investors questioning the market dynamics.