Latest Mining News

Minerals 260 Limited has reported strong initial assay results from its maiden drilling campaign at the Bullabulling Gold Project, revealing significant gold intercepts that could extend the existing 2.3 million ounce resource, particularly at depth in the Phoenix deposit.

Coronado Resources has locked in a $150 million asset-based lending facility with Oaktree affiliates, refinancing existing debt and funding key coal production expansions amid a challenging market.

PVW Resources has confirmed widespread, near-surface rare earth element mineralisation at its Capão Bonito East Block in Brazil, with high-grade intercepts up to 5,662 ppm TREO. The company is advancing metallurgical testing and expanding exploration across its Brazilian portfolio.

Critical Resources Limited has expanded its priority target area at the Amoco Project in NSW with rock chip samples revealing gold grades up to 15.1 g/t, alongside significant antimony and silver mineralisation.

Black Cat Syndicate reports robust operational progress at its Kal East Gold Operation, surpassing expectations at the Lakewood processing facility and achieving early cash flow positivity at the Myhree open pit. Development activities at Majestic and Fingals advance as the company expands production capacity.

Miramar Resources has identified several new Iron Oxide Copper-Gold targets at its Whaleshark Project in Western Australia, supported by advanced geophysical modelling and encouraging drilling results.

West African Resources aligns with Burkina Faso's 2024 Mining Code, increasing the government's equity stake in its projects while maintaining its 2025 gold production targets.

Black Canyon Limited has clarified that its recent share price and volume spike is linked to the upcoming second phase of drilling at its Wandanya manganese project, with no undisclosed information influencing trading.

Asra Minerals Limited has launched a substantial options offer linked to a recent $3 million placement, aiming to enhance liquidity and satisfy obligations under the placement. The company plans to list these options on the ASX by the end of June 2025.

Lake Resources N.L. has upgraded its Kachi lithium brine resource in Argentina, increasing the Measured and Indicated lithium carbonate equivalent to 8.2 million tonnes, supported by new drilling data and enhanced lithium recovery technology.

Magnum Mining and Exploration Limited has announced a pro-rata entitlement offer to raise up to $2.24 million, aiming to fund key exploration projects across Brazil, the US, and Nevada. The offer carries significant dilution risks for non-participating shareholders and underscores ongoing operational uncertainties.

Magnum Mining and Exploration has initiated a $2.2 million entitlement offer at a significant discount, aiming to strengthen its capital base and fund key projects in Australia and the US.