Latest Mining News

OD6 Metals has selected an innovative process flowsheet for its Splinter Rock Rare Earth Project, achieving approximately 75% recovery of key rare earths with superior product purity and optimized costs. This milestone sets the stage for advanced testing and mining studies as the company advances toward production.

Southern Cross Gold Consolidated Ltd has reported compelling drill results from its Rising Sun prospect at Sunday Creek, Victoria, confirming high-grade gold-antimony continuity and exceptional antimony grades that reinforce the project’s global significance.

G50 Corp has completed the acquisition of 100% ownership of its Golconda Project in Arizona, following significant exploration successes that position the company for accelerated development and commercialisation.

Australian Mines Limited has raised $4 million through a strongly supported placement, enabling expanded drilling at its premium Flemington Scandium and Boa Vista Gold projects.

Macro Metals has received the final tranche of a $4 million strategic placement from Paramount Earthmoving, boosting its funding and expanding Paramount’s stake to over 9%. This capital injection positions Macro Metals to advance its mining services revenue ambitions.

Many Peaks Minerals has reported significant gold assay results from reconnaissance drilling at its Ferké Project in Côte d’Ivoire, highlighting multiple extension targets along a key shear corridor. Follow-up drilling is set to advance these promising findings.

DeSoto Resources has partnered with Fortuna Mining to form a $12.5 million joint venture targeting new gold exploration permits in Guinea’s prolific Siguiri Basin. The alliance leverages local expertise and significant funding to pursue large-scale discoveries.

Savannah Goldfields is on track to resume gold production at its Georgetown Gold Project by the end of October, with key maintenance and environmental approvals completed.

Canterbury Resources advances deep diamond drilling at its Briggs Copper Project, intersecting consistent porphyry copper mineralisation and nearing completion of a pivotal scoping study.

Auric Mining has completed the acquisition of the Burbanks Gold Processing Facility for $4.4 million, positioning itself to control its gold production cycle and accelerate growth.

Boss Energy has appointed Matthew Dusci as Managing Director and CEO, marking a leadership transition aimed at driving operational focus and production growth at its Honeymoon uranium project.

Westgold Resources unveils a conservative, fully funded three-year plan to increase gold production from 326koz to 470koz annually by FY28 while reducing costs. The strategy leverages existing assets and processing hubs, with key expansions and exploration investments underpinning growth.