Latest Mining News

South32 has exceeded its FY25 production targets, driven by a 20% increase in copper output and significant progress at its Hermosa project, while streamlining its portfolio through key divestments.

New World Resources’ board unanimously backs Kinterra Capital’s revised $0.067 per share offer, following Central Asia Metals’ decision not to match. Shareholders face a July 24 deadline to accept the bid and secure increased value.

Nova Minerals has launched its 2025 drilling campaign at the high-grade RPM deposit in Alaska, deploying multiple rigs to test resource extensions and new targets. Early geological observations suggest significant potential, with assay results awaited in the coming months.

Aurelia Metals has successfully met its FY25 production and cost guidance, while advancing key mining projects and maintaining a robust cash position of $110 million.

Loyal Metals has partnered with veteran geologist Dr. Simon Beams to unlock the untapped copper-gold potential of the historic Highway Reward Mine using advanced AI and modern exploration techniques.

Aurelia Metals has successfully met its FY25 production and cost guidance, driven by a strong ramp-up at Federation Mine and the start of development at Great Cobar. The company’s solid quarterly performance underpins its growth ambitions for FY26.

M3 Mining Limited reports steady progress at its Edjudina Gold and Victoria Bore Copper projects, alongside significant corporate restructuring and the sale of its energy subsidiary.

NewPeak Metals has acquired the Tansey Gold Project, advanced exploration plans across Argentina and Australia, and bolstered its funding through strategic share sales in Lakes Blue Energy.

Australian Strategic Materials has closed its Share Purchase Plan substantially oversubscribed, raising nearly four times its target to accelerate key growth projects including US expansion and ramping up its Korean Metals Plant.

AIC Mines has delivered strong FY25 production and financial results while securing key contracts and financing to expand its Eloise processing plant and advance the Jericho copper deposit development.

DeSoto Resources reports standout shallow gold intercepts up to 71.2 g/t Au from recent power auger drilling at its Tole Project in Guinea, highlighting promising exploration potential across its extensive Siguiri Basin holdings.

Firetail Resources has launched field exploration at its high-grade Excelsior Gold Project in Nevada, preparing for the first-ever diamond drilling campaign to unlock the site's significant gold potential.