Latest Mining News

Minerals 260 has agreed to sell its Aston Lithium-REE Project to Delta Lithium for $450,000 cash plus a 1.5% royalty, redirecting its efforts toward advancing the 2.3 million ounce Bullabulling Gold Project in Western Australia.

Great Western Exploration has reported its most compelling geochemical signature to date at the Oval Copper-Gold Target, setting the stage for a focused ground gravity survey to refine exploration for a major VHMS system.

Duketon Mining has advanced exploration activities at its Killarney and Barlee gold projects, with new sampling and drilling programs underway pending approvals.

SGH Ltd has reaffirmed its FY25 guidance for high single-digit EBIT growth while targeting a net debt to EBITDA ratio of 2.0x by year-end, underpinned by disciplined capital allocation and operational improvements across its diversified industrial, energy, and media businesses.

Macarthur Minerals has secured $250,000 through unsecured convertible notes to bolster its working capital and support ongoing operations amid challenging market conditions.

The ASX has formally queried Bougainville Copper Limited following an unexpected surge in its share price and trading volume, seeking clarity on any undisclosed information that might explain the market activity.

Kingston Resources has agreed to sell its Misima Gold-Silver Project for $95 million, bolstering its balance sheet to accelerate growth at the Mineral Hill gold-copper operation. The transaction positions Kingston to expand production and exploration in the southern Cobar Basin.

Sunstone Metals Ltd has had its trading suspension lifted following a Federal Court decision and the release of a cleansing prospectus, signaling a fresh chapter for the mining company on the ASX.

Metro Mining’s latest update reveals a decline in Ore Reserves and Resources at Bauxite Hills Mine due to 2024 mining activity, with no new exploration additions. The company plans a significant capital expansion to boost production capacity.

Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.

Waratah Minerals has mobilised a third drill rig to its Spur Gold-Copper Project in New South Wales, targeting high-priority porphyry copper-gold zones and expanding exploration along the Spur Gold Corridor.

Axel REE Limited's latest auger drilling results from Brazil's Poços de Caldas Caldera reveal significant high-grade rare earth mineralisation, expanding the footprint of its Caldas Project and underscoring its potential in the critical minerals sector.