Latest Mining News

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

North Stawell Minerals is set to begin diamond drilling in late September to follow up a standout high-grade gold intercept at its Darlington Prospect in Victoria. The program aims to explore extensions of a quartz-sulphide vein with visible gold, potentially unlocking a significant new gold system.

Caspin Resources has released its maiden inferred tin resource estimate for the Kelpie Deposit at the Bygoo Tin Project, revealing a high-grade deposit with significant upside potential. The company also outlined a large exploration target that could more than double the current resource.

Orica Limited reports robust earnings growth across all segments for FY2025, underpinned by successful gas supply deals, digital expansion, and progress in hydrogen funding despite ongoing litigation costs.

Battery Age Minerals has identified several large-scale gold and silver drill targets at its El Aguila Project in Argentina, integrating historical high-grade data with new soil sampling and geophysical surveys. The company is progressing environmental approvals and aims to commence maiden drilling in 2025.

Critical Resources Limited is set to commence its first drilling campaign at the Amoco Gold-Antimony Project in NSW, targeting a promising structural corridor with confirmed high-grade surface samples. Drilling is scheduled to begin in early October following pending soil-geochemistry results.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer, reinforcing confidence in its Costa Fuego copper-gold project and funding critical next-phase development activities.

Auric Mining has completed the final toll milling campaign at Jeffreys Find, securing a substantial profit share and setting the stage for expanded operations at its Munda Gold Mine.

VRX Silica Limited has obtained crucial works approval for its Arrowsmith North Silica Sand Project, paving the way for construction and operation ahead of targeted production in late 2026.

Shenghe Resources has increased its cash offer to acquire Peak Rare Earths to A$195 million, representing a significant premium and a best and final proposal. The Peak Independent Board Committee unanimously recommends shareholders support the scheme, pending an independent expert's endorsement.

Rincon Resources Limited has responded to an ASX query about recent unusual trading activity, confirming no undisclosed information but pointing to imminent drilling and assay results as possible drivers.

Triton Minerals has settled a legal dispute with NQM Gold, paving the way for the completion of a $17 million graphite asset sale with structured payment terms and court proceedings adjourned.