Latest Mining News

Worley Limited reported solid financial results for FY2025, highlighted by disciplined capital management including a $269 million share buy-back and a strong focus on sustainability. The company outlined strategic priorities and anticipates moderate growth in FY2026 with a new growth strategy to be revealed next year.

Auric Mining has secured four key tenements near Kalgoorlie for its Lindsay’s Gold Project, with further payments and share issuance contingent on a pending court ruling.

EVZ Limited has issued earnings guidance for the first half of FY2026, forecasting revenue between $60 million and $65 million and a notable rise in EBITDA, reflecting operational improvements.

DevEx Resources has secured nine uranium exploration licences from Rio Tinto in the Northern Territory’s Alligator Rivers Uranium Province, significantly enlarging its exploration territory near historic high-grade deposits.

Mount Hope Mining has withdrawn its recently announced Share Purchase Plan, citing challenging market conditions. Shareholders will receive full refunds within days.

Tasmea Limited reported a stellar FY25 with strong revenue and profit growth, bolstered by strategic acquisitions and a robust dividend payout. The company signals continued momentum with a new acquisition announcement and targets ASX300 inclusion in 2026.

Tasmea Limited reported robust FY25 financial results with a 74% jump in net profit after tax, driven by organic growth and strategic acquisitions. The company reaffirmed its FY26 guidance, supported by a $43 million institutional placement to fuel further expansion.

Altamin Limited has appointed GBA Capital as lead manager to place shortfall shares from its recent entitlement offer, offering broker options as part of the arrangement. This move aims to bolster support for its critical minerals projects in Italy while engaging new and existing investors.

Manuka Resources has revised its exploration target disclosures to comply with JORC standards and announced an accelerated gold drilling program targeting extensions at Mt Boppy and shallow mineralisation at Pipeline Ridge, with results expected early 2026.

Alara Resources’ Oman joint venture has secured an additional $36.4 million loan facility to fund key capital projects and sustain operations at the Al Wash-hi Majaza Copper Gold Project.

Connected Minerals Limited (ASX, CML) reports promising uranium drilling outcomes at its Etango North-East project in Namibia alongside a successful $5.1 million capital raise, advancing its exploration agenda in Namibia and Western Australia.

Australian Gold and Copper Ltd has reported compelling high-grade gold and silver mineralisation near surface at its Achilles deposit in NSW, highlighting a 150m long oxide zone with promising exploration upside.