Latest Mining News

Golden State Mining announces key executive departures and cost-saving measures as part of a strategic cash preservation plan.

Matrix Composites & Engineering Ltd posted a 12.1% revenue decline to $74.77 million for FY25, reporting a net loss of $2.2 million as subdued drilling buoyancy markets weighed on results despite strong growth in subsea buoyancy products.

Cosmo Metals has delineated a 12-kilometre zone of intense historical gold mining activity within the Bingara Goldfield, centred on the Spring Creek prospect. With high-grade rock chip results and limited prior drilling, the company is advancing permitting for its maiden drilling program to explore this underexplored gold system.

Solara Minerals has identified promising gold targets at its Wilgeena Project in Western Australia, situated near established gold mines. The company plans to initiate exploration activities following a review of historical data revealing multiple untested gold and copper anomalies.

Solstice Minerals has confirmed significant high-grade primary gold mineralisation beneath oxide zones at its Edjudina Range discovery in Western Australia, reinforcing the potential of its Yarri Project and setting the stage for expanded drilling.

Fleetwood Limited delivered a robust FY25 performance with significant earnings growth and a strong dividend increase, while outlining a confident outlook for FY26 despite challenges in its RV Solutions segment.

Fleetwood Limited has reported a remarkable 284% increase in net profit after tax for FY25, alongside a 400% rise in dividends, signaling strong momentum across its modular building and accommodation segments.

Horizon Minerals is progressing its Pre-Feasibility Study to convert the Black Swan plant to gold production, aiming for a 1.5Mtpa throughput and a Financial Investment Decision by early 2026.

RPMGlobal completes its transition to a pure-play software company, reporting robust FY25 results driven by subscription revenue growth and a $63.6 million Advisory divestment. The company projects significant margin expansion and revenue growth in FY26 backed by a $200 million contract backlog.

Connected Minerals has updated its quarterly reports for 2025 to provide detailed disclosures on the use of funds and exploration activities, addressing ASX compliance and shedding light on project developments in Namibia and Western Australia.

Yancoal Australia has appointed Sharif Burra as its permanent CEO, signaling leadership continuity amid a challenging coal market. Burra’s deep internal experience positions him to build on recent operational gains and shareholder value.

Ironbark Capital Limited reported a 17.6% increase in net profit for FY2025, driven by higher investment income and realised gains, alongside a raised fully franked dividend and an extended share buy-back program.