Latest Mining News

Cyprium Metals has completed the second tranche of its placement, raising approximately A$80 million to fund key projects and reinforce its financial position.

European Lithium has offloaded an additional US$50 million worth of Critical Metals Corp shares, coinciding with CRML’s own US$50 million capital raise to advance its Greenland rare earth project.

Asian Battery Metals has reinforced the potential of its Maikhan Uul copper-gold project in Mongolia with new drilling confirming a substantial massive sulphide zone. Pending assays and geophysical data suggest a promising extension of the mineralised system.

American Rare Earths reports key technical breakthroughs and strong funding progress at its Halleck Creek Rare Earths Project, positioning it as a vital domestic source for the US rare earths supply chain.

Askari Metals has completed the sale of its Australian subsidiary First Western Gold, including the Burracoppin Gold Project, to Forrestania Resources, enabling a strategic pivot to its African exploration assets.

De.mem Limited has acquired Core Chemicals Pty Ltd for $2.68 million, nearly doubling its EBITDA and positioning itself to capitalise on a surging gold sector. The deal combines strong recurring revenues with significant synergy potential.

Iluka Resources reported steady Q3 production but announced suspension of synthetic rutile and Cataby mine operations from December 2025, aiming for significant cost savings. Meanwhile, rare earths refinery construction accelerates amid tightening Chinese export controls.

De.mem Limited has acquired Core Chemicals Ltd for approximately $3 million, significantly expanding its footprint in the Australian gold mining sector and enhancing its pro-forma EBITDA to $1.6 million.

Forrestania Resources has intersected significant copper sulphides in its first diamond drill hole at the Breakaway Dam VMS prospect, confirming the effectiveness of its electromagnetic targeting and hinting at a district-scale copper system.

African Gold Limited has realised a 134% gain from selling Montage Gold shares, boosting its cash reserves to about A$16 million to accelerate exploration at its promising Didievi Gold Project in Côte d’Ivoire.

Litchfield Minerals has intersected significant massive sulphides at the VT2 target within its Oonagalabi Project, extending the mineralised strike length to over 4km. The company is now shifting focus to the stronger VT1 conductor, promising further exploration upside.

Resources & Energy Group Limited has kicked off an extensive soil sampling program at its East Menzies Gold Project, aiming to refine exploration targets and build on its maiden resource at Gigante Grande.