Latest Mining News

Warriedar Resources Limited has increased the consideration offered to shareholders and optionholders in its proposed acquisition by Capricorn Metals Limited. An independent expert has affirmed the revised terms as fair and reasonable, with the Warriedar board unanimously recommending approval.

Highfield Resources Limited has had its trading suspension lifted immediately following the release of a capital raising announcement, signaling renewed market activity for the industrial minerals miner.

Highfield Resources has locked in A$10 million through convertible notes from existing investors to tackle a key permit issue and push forward its flagship Muga Potash Project in Spain.

Cobalt Blue Holdings attributes its recent share price jump to a surge in cobalt prices driven by new export controls in the Democratic Republic of Congo, while confirming no undisclosed company information is influencing trading.

Gold Road Resources has officially been acquired by Gold Fields through a scheme of arrangement, with shareholders receiving A$3.06423 per share. The company will soon be delisted from the ASX.

North Stawell Minerals (ASX – NSM) showcased promising high-grade gold intercepts at the Australian Gold Conference, reinforcing its position in Victoria’s prolific Stawell Mineralised Corridor. The company’s exploration pipeline, including the Darlington-Caledonia trend and Wildwood prospect, signals significant upside potential near existing milling infrastructure.

Theta Gold Mines has completed a significant capital raising, securing nearly A$20 million through a placement and the first tranche of a cornerstone investment, setting the stage for advancing its TGME Gold Project.

Wildcat Resources has dismissed reports of selling half its Tabba Tabba Project, confirming instead that it is exploring multiple funding avenues to advance the project.

Western Mines Group has raised $3.71 million through a share placement to fund expanded exploration at its Mulga Tank nickel project, signaling renewed investor confidence in the nickel sector.

Elevate Uranium Ltd has agreed to sell its Oobagooma Uranium Project to Orpheus Uranium Ltd in a deal combining cash and milestone-based equity payments, aligning with Elevate’s pivot towards its innovative U-pgrade beneficiation technology and other core assets.

Odessa Minerals appoints Tim Goldsmith, former Rincon CEO, as Non-Executive Chairman and raises $1.15 million to fuel exploration and acquisitions.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.