Latest Mining News

Hawk Resources Limited has had its trading suspension lifted immediately following a significant announcement about an acquisition and capital raising, signaling renewed momentum for the mining company.

Hawk Resources has raised A$5 million and secured an option to earn up to 80% of the Olympus Scandium Project in Western Australia, aiming to advance exploration of a large-scale scandium anomaly in a Tier-1 jurisdiction.

XRF Scientific has reported a robust September quarter with a 16% increase in revenue, driven by strong international sales and new product launches. The company is poised for further expansion with ongoing innovation and strategic focus on global markets.

Global Lithium Resources is set to unlock value from its gold assets by spinning them out into a new ASX-listed company, MB Gold, targeting a $6 million IPO in early 2026.

Avenira Limited has appointed John He as Executive Chairman and CEO, marking a significant leadership reshuffle aimed at advancing the Wonarah Phosphate Project and strengthening strategic partnerships.

Saunders International has landed a $19.8 million contract to build 11 tanks at a gold processing facility, reinforcing its foothold in the resources sector and promising revenue growth over the next two years.

Iceni Gold’s latest drilling at the Guyer Trend within its 14 Mile Well Project reveals a large, evolving gold system with two distinct mineralisation styles, marking a significant step forward in exploration.

CZR Resources has completed a $75 million sale of its Robe Mesa iron ore interest, emerging debt free with $76.3 million in cash to fund aggressive exploration at its Croydon gold and Edamurta copper projects.

Golden Deeps Ltd has raised $3.54 million through an oversubscribed placement to accelerate exploration and drilling at its Otavi Mountain Land Critical Metals Projects in Namibia, focusing on the high-grade Graceland Prospect.

Andromeda Metals has raised $13 million through a placement and launched a $2.5 million Security Purchase Plan to accelerate development of its Great White and High Purity Alumina projects.

Tivan Limited has received regulatory clearance to begin drilling at its Sandover Fluorite Project, aiming to unlock high-grade fluorite deposits with assays reaching 94% CaF2. The staged drilling program marks a significant step toward defining a commercially viable resource.

Axel REE Limited has secured three new exploration licences adjacent to its Caladão Project in Brazil, launching a drilling campaign aimed at expanding its rare earth elements and gallium resources.