Latest Mining News

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

The ASX has suspended the securities of over 20 companies for failing to lodge their periodic reports on time, signaling regulatory vigilance and raising questions about compliance and market impact.

Redstone Resources has secured $650,000 through a strongly supported placement to fund further exploration at its West Musgrave Copper Project, following encouraging copper and cobalt assay results from recent deep drilling.

Dyno Nobel has finalised the sale of its Fertilisers Distribution business and is advancing strategic shifts including a new US TNT manufacturing partnership, underpinning a strong FY25 outlook.

Victory Metals has taken a significant step forward by signing a non-binding Letter of Intent with Sumitomo Corporation to supply heavy rare earths from its North Stanmore project, marking a deepening of their strategic partnership.

Petratherm’s Phase 3 drilling at the Muckanippie Project reveals a significant extension of high-grade titanium mineralisation at Rosewood and discovers a new heavy mineral sands zone at Echo.

Austral Gold has lowered its 2025 production forecast for the Guanaco Mine following a workplace fatality that halted key processing operations. The company has also sold equity holdings to bolster cash flow amid operational disruptions.

Alchemy Resources has delivered compelling assay results from its recent drilling at the Yellow Mountain Project, confirming and extending mineralisation first identified in the 1970s. The standout intercept of 113 metres at 1.17% copper equivalent underscores the project's promising scale and potential.

Yandal Resources has raised $13.5 million through a share placement to fund expanded exploration across key gold projects in Western Australia, positioning the company for accelerated growth.

Argent Minerals has awarded a contract for further diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver zones. With regulatory approvals secured, drilling is set to begin shortly, aiming to expand the resource amid strong silver prices.

PhosCo has terminated the ICC arbitration initiated by TMS Services over the Chaketma Mining project, citing breaches and non-payment of fees. The company now seeks up to A$7.5 million in damages related to longstanding disputes.

Vanadium Resources Limited has appointed mining entrepreneur Nick Diack as CEO to spearhead the transition of its Steelpoortdrift Vanadium Project towards near-term production, signaling a strategic shift backed by strong industry expertise and performance-linked incentives.