Latest Mining News

Red Mountain Mining has secured the Yellow Pine Antimony Project in Idaho’s historic Stibnite Mining District, positioning itself near Perpetua Resources’ major gold-antimony reserve. The company’s recent $1.5 million capital raise will fund exploration efforts across this and its Utah project.

Core Lithium has terminated its final spodumene offtake agreement with Ganfeng Lithium, unlocking full marketing flexibility for its Finniss Lithium Project and enhancing strategic funding options.

Odyssey Gold has reported promising drilling results from 11 new holes at its Tuckanarra Gold Project, revealing a previously unidentified mineralised hanging wall vein structure and confirming continuity across key zones. These findings suggest significant potential to expand the existing resource and optimize shallow mining operations.

Latrobe Magnesium Limited has successfully commenced production of Magnesium Oxide at its Hazelwood North Demonstration Plant, marking a significant operational milestone. The company is advancing towards steady-state output and exploring by-product commercialisation.

Locksley Resources appoints Kerrie Matthews as CEO and Danny George as COO to fast-track the Desert Antimony Mine and establish a U.S.-based antimony supply chain. Their leadership aims to overcome critical supply chain gaps amid rising demand.

Lithium Energy has acquired the Mt Dromedary Graphite Project, merging it with its Burke deposit to form a world-class high-grade graphite inventory, setting the stage for a vertically integrated battery anode material business in Queensland.

Medallion Metals has successfully completed the public comment phase under the EPBC Act for its Ravensthorpe Gold Project, advancing a critical regulatory milestone with no objections received. The company aims to submit final documentation in October and expects a decision before year-end, paving the way for its sulphide development strategy.

Western Yilgarn Limited has announced the discovery of significant surface cobalt-copper-nickel-lead-manganese mineralisation at its Ida Holmes Junction Project in Western Australia, with rock chip samples returning high-grade cobalt assays up to 1.68%.

Great Boulder Resources has raised $5 million through a strategic placement led by Tribeca Investment Partners, positioning the company to accelerate exploration and target a one million ounce gold resource at its Side Well project.

Hot Chili Limited has initiated a second phase of diamond drilling at its La Verde copper-gold porphyry discovery in Chile, aiming to significantly enlarge the known mineralised footprint. This follows a successful initial drilling campaign that confirmed substantial copper mineralisation open at depth and laterally.

S2 Resources is set to begin diamond drilling within weeks at its Warraweena project in northern New South Wales, following promising historical drill results and an ongoing gravity survey extension. The project targets multiple mineralisation styles, including gold, copper, nickel, and base metals.

Austin Engineering has announced a Board-approved on-market share buy-back of up to 10% of its ordinary shares over the next 12 months, reflecting confidence in its financial strength and growth prospects.