Latest Mining News

VEEM Ltd posted a 15% revenue decline and a 57% net profit drop for FY25, reflecting cyclical defence contract impacts. The company secured a $65 million ASC contract extension and continues investing in R&D and automation to drive future growth.

Bayan Mining and Minerals Limited has reported a breakthrough in its exploration at the Bayan Springs South Project in Nevada, revealing gold grades up to 8.25 g/t and strong Carlin-type geochemical signatures. The company is now advancing towards geophysical surveys and drill planning to unlock the project’s potential.

Genesis Minerals delivered a standout FY25 with a 256% surge in EBITDA and a strategic A$250 million acquisition of Focus Minerals' Laverton Gold Project, setting the stage for accelerated growth and margin protection.

Genesis Minerals Limited reported a remarkable 110% surge in revenue for FY2025 alongside a strategic acquisition of the Laverton Gold Project, signaling a bold growth phase.

Perseus Mining has formalised key agreements with Tanzania to advance its Nyanzaga Gold Project, targeting first gold production in early 2027. The project promises low-cost output and robust returns amid ongoing resource expansion efforts.

Golden Deeps Ltd has reported exceptional high-grade copper, silver, zinc, lead, and germanium results from surface sampling at its Graceland Prospect in Namibia, doubling the mineralised strike length and setting the stage for targeted drilling.

Everest Metals Corporation reveals significant progress in its gold projects and leads the development of Australia’s first rubidium industry, positioning itself at the forefront of critical minerals innovation.

Octava Minerals reports impressive initial bioleaching recoveries of critical rare earth elements and lithium from its Byro Project, highlighting a promising, low-cost extraction pathway.

Athena Resources has produced a 10kg sample of ultra-high-grade magnetite concentrate grading 70.55% iron from its Byro Magnetite Project, positioning the company at the forefront of green steel feedstock supply.

Rox Resources reports metallurgical test results confirming over 94% gold recovery at Youanmi using Albion oxidative leaching, advancing its path to production. The company also appoints Increva to oversee key construction phases.

Northern Star Resources delivered a standout FY25 with soaring revenue and EBITDA, bolstered by the strategic acquisition of De Grey Mining and promising FY26 guidance.

Northern Star Resources has delivered record FY25 financial results, including a landmark dividend and a strengthened balance sheet, while advancing its strategic acquisition of De Grey Mining’s Hemi project.