Latest Mining News

Toro Energy has released an updated scoping study for its Lake Maitland Uranium Project, revealing robust economics with a pre-tax NPV of A$907.9 million and a swift payback period of just 1.5 years. The study outlines a 16.3-year mine life producing uranium and vanadium with modest capital expenditure and competitive operating costs.

Andean Silver Limited has expanded its Cerro Bayo project in Chile with the discovery of a new 1.2km mineralised vein system, featuring exceptionally high-grade silver and gold assays. This breakthrough significantly extends the known Droughtmaster Corridor and sets the stage for upcoming drilling results.

Yancoal Australia Ltd reported robust 2024 financial results and outlined key corporate governance actions at its 2025 Annual General Meeting, reinforcing its position as a leading coal producer amid market challenges.

Ballymore Resources has won $400,000 in Queensland government grants to accelerate exploration at its Dittmer Project, targeting significant copper-gold porphyry systems beneath historic mines.

Peak Minerals has expanded its Minta Rutile Project in Cameroon to a sprawling 540 square kilometres, confirming continuous high-grade rutile mineralisation and setting the stage for a potentially world-class deposit.

New Murchison Gold Limited reports impressive high-grade gold assay results from 101 reverse circulation drill holes at its Crown Prince Gold Project, reinforcing confidence in a high-return open pit mining operation near Meekatharra, WA.

Rox Resources has completed a 35,000m drilling campaign at its Youanmi Gold Project, delivering multiple high-grade gold intercepts that confirm mineralisation continuity and underpin an upcoming resource upgrade.

Black Rock Mining has secured an additional US$25 million in funding, increasing its total project financing to US$204 million to advance the Mahenge Graphite Project in Tanzania.

Pioneer Lithium has launched a two-phase soil sampling program at its Skull Creek Uranium Project in Colorado, aiming to define drill-ready uranium targets amid growing US government support for domestic supply.

Battery Age Minerals has completed extensive exploration at its El Aguila Gold-Silver Project in Argentina, confirming free-milling gold and preparing for maiden drilling in the third quarter of 2025.

Dynamic Metals has launched Phase 2 drilling at its Cognac West gold prospect, aiming to expand on encouraging early results from Phase 1. Assay results expected in July will be pivotal for the project's next steps.

Somerset Minerals reports extensive copper mineralisation across its Coppermine Project in Nunavut, Canada, following initial surface sampling. A fully funded maiden drill campaign is set to commence in July targeting high-priority zones.