Latest Mining News

Westgold Resources Limited delivered a standout half-year performance, posting record revenue and profit driven by soaring gold prices and increased production, while becoming debt free and streamlining its asset portfolio.

Black Cat Syndicate has begun processing ore from its Fingals and Majestic mines through the Lakewood Mill and approved a $20 million expansion to boost capacity by 25%, aiming to lower costs and enhance cash flow.

Horizon Minerals has launched a Share Purchase Plan allowing eligible shareholders in Australia and New Zealand to buy additional shares between $2,000 and $30,000. The offer runs until 10 March 2026, with potential early closure depending on demand.

Vault Minerals has delivered a robust half-year result with a 44% jump in EBITDA and declared its first-ever dividend, signalling confidence in its growth and cash flow outlook.

PRL Global Ltd reported a robust half-year performance with revenue soaring 64% to $1.14 billion and net profit rising 71%, driven by a strategic acquisition and operational growth.

Tungsten Mining is pursuing a US stock exchange listing to tap into deeper capital markets and strengthen ties with US government and industry stakeholders, complementing its existing ASX listing.

29Metals Limited reported a strong turnaround in 2025 with a 3% revenue increase and a 76% jump in Golden Grove’s EBITDA, alongside a significant reduction in debt. The company also advanced plans for Capricorn Copper’s restart.

Yancoal Australia delivered record coal production in 2025, boosting volumes by 7% even as revenue fell 13% due to lower coal prices. The company maintained a strong EBITDA margin and declared a fully franked final dividend, signalling confidence amid challenging market conditions.

Mayfield Group Holdings has announced the acquisition of SMEC Power & Technology for up to $30 million, marking its entry into underground mining electrical infrastructure and international markets.

First Graphene Limited reported a strong 53% revenue increase driven by new industrial applications, yet posted a $3.35 million net loss influenced by non-cash finance costs. The company’s recent $3.5 million capital raise positions it to focus on commercial expansion without further funding.

Kingsgate Consolidated Limited has reported a spectacular half-year performance with a 3,491% jump in net profit and a doubling of revenue, driven by higher gold and silver production. The company also declared its first interim dividend in years, signalling confidence in its growth trajectory.

Piche Resources announces the resignation of Managing Director Karilyn Farmer effective April 2026, with seasoned geologist Claudio Devaux appointed as country manager to ensure continuity in exploration activities.