Latest Mining News

Prospech Limited reports steady progress on rare earth element metallurgy at its Korsnäs project and promising gold-silver drill results in Slovakia, backed by a fully subscribed $2.1 million capital raising.

Resolution Minerals secures a $2 million placement from Tribeca Investment Partners, reinforcing its position in the U.S. critical minerals sector and advancing exploration at the strategically important Horse Heaven Project.

Magmatic Resources has successfully raised A$3 million through a discounted placement, with major shareholder FMG Resources increasing its stake to nearly 20%. The funds will accelerate exploration at key copper and gold projects.

Deep Yellow Ltd announces the departure of long-serving CEO John Borshoff, with CFO Craig Barnes stepping in as interim leader while a global search for a successor continues.

Red Sky Energy has mobilised drilling equipment to the KN2 well site at Killanoola, with regulatory approvals advancing smoothly and drilling expected to begin soon.

Kalamazoo Resources has significantly increased the Mt Olympus underground gold resource and identified a substantial exploration target, setting the stage for a potential mine life extension at the Ashburton Gold Project.

Locksley Resources has produced the first 100% American made antimony ingot in decades, validating a fully domestic mine-to-metal supply chain and advancing U.S. critical minerals independence.

Rimfire Pacific Mining has announced a maiden Inferred Mineral Resource Estimate for its Currajong scandium prospect, boosting its total scandium inventory by 61% to 5,449 tonnes. The resource remains open for expansion, with further drilling planned at Murga and Rabbit Trap projects.

Koonenberry Gold has unveiled a major expansion of its Enmore Gold Project in NSW, identifying a 3km gold-in-soil anomaly along the Borah Fault and confirming high-grade gold mineralisation from historical drilling. The company is advancing a fully funded 10,000m drilling program to explore this district-scale opportunity.

Prodigy Gold has reported a milestone with over one million ounces of gold in its resource inventory, alongside significant exploration progress and a successful $7.13 million capital raise to fund ongoing development.

Platina Resources has secured a conditional agreement to acquire the Sunrise Bore Gold Project, significantly expanding its landholding in Western Australia's prolific Laverton gold district. The project offers promising historical mineralisation and strong exploration potential near key regional mines.

Viking Mines has identified a significant gold-bearing zone at its Riverina East Project, recovering 120 gold nuggets and discovering a new east-west structural trend that could unlock high-grade mineralisation.