Latest Mining News

Falcon Metals has reported extraordinary high-grade gold intersections at its Blue Moon Prospect in Victoria, alongside promising exploration progress in Western Australia and ongoing challenges at its Farrelly Mineral Sands Project.

Leo Lithium Limited reported a net cash outflow of A$3 million in operating activities for Q2 2025 but maintains a robust cash balance of A$53.3 million, supporting its operations for the foreseeable future.

Leo Lithium has received the final US$177.6 million payment from Ganfeng for its Goulamina stake and is advancing multiple lithium hard rock acquisitions, aiming to relist on the ASX.

Kingston Resources Limited reported a positive operating cash flow for the June 2025 quarter, ending with AUD 6.25 million in cash and a solid funding runway supported by a secured loan facility.

Vanadium Resources Limited has raised A$1.2 million through an oversubscribed placement to support its near-term production ambitions and convert outstanding debt into equity, strengthening its balance sheet.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

Metals X delivered its third highest quarterly tin production at Renison, improved cash flow, and expanded its strategic footprint with a $5 million investment in Elementos and a partial offer for Greentech shares.

Albion Resources has reported impressive near-surface gold intercepts at its Collavilla Prospect in Western Australia, highlighting a standout 11m at 20.0 g/t gold from just 17m depth. A detailed gravity survey is underway to pinpoint further high-grade targets within the expansive Ives Find granite.

Paterson Resources has secured heritage clearance and reported promising metallurgical results at its Grace Gold-Copper Project, setting the stage for a significant drilling campaign to upgrade its resource estimate.

Octava Minerals Limited has had its trading suspension lifted following the announcement of a proposed capital raising, signaling renewed market activity for the mining explorer.

Octava Minerals secures $1.5 million in a placement to fund exploration and due diligence for acquiring the historically promising Federation copper-zinc-silver project in Western Tasmania.

Orpheus Uranium has secured a Native Title Mining Agreement with the Wilyakali people, unlocking advanced exploration at its Radium Hill South and Mundaerno projects. This milestone sets the stage for drilling approvals expected by late 2025.