Latest Mining News

Metal Bank Limited has announced a non-renounceable entitlement offer to raise approximately $2.32 million, partially underwritten, to fund its Western Australia gold strategy and Queensland graphite exploration. The offer closes on 31 October 2025 and coincides with a strategic acquisition of gold assets from Hastings Technology Metals.

Power Minerals confirms a high-grade carbonatite hard rock intrusion at its Santa Anna Rare Earth Elements Project in Brazil, with promising grades and ongoing drilling aimed at defining a maiden resource estimate.

DeSoto Resources has identified promising new gold anomalous zones at its Tole and Dadjan projects in Guinea, with soil and rock chip assays confirming widespread mineralisation ahead of maiden drilling programs.

RTG Mining’s latest drilling results at the Chanach Copper-Gold Project reveal significant high-grade mineralization, underscoring the project’s expansion potential beyond existing resources.

Olympio Metals has completed a substantial diamond drilling program at its Bousquet Project in Quebec, revealing promising high-grade gold intersections at the Paquin Prospect and highlighting significant down dip potential along the Cadillac Break.

Lefroy Exploration has received the first $1.25 million cash advance from BML Ventures, strengthening its financial position ahead of key development milestones at the Lucky Strike and Burns Central gold projects.

Metals Australia Ltd reveals a 3.3-fold increase in its Lac Carheil graphite resource alongside promising assay results for precious and base metals, setting the stage for value-added by-product recovery.

Chilwa Minerals confirms robust metallurgical testwork results from its Mposa deposit, revealing multiple valuable mineral product streams including high-quality ilmenite and zircon. The findings underpin a promising pathway toward diversified revenue and strategic rare earth by-products.

Lunnon Metals has reported promising drilling results at its Plentiful gold prospect, extending the mineralised structure to over 450 metres and revealing consistent widths and modest gold grades. These findings enhance the scale of opportunities within its Kambalda Gold & Nickel Project.

Somerset Minerals reports multiple wide zones of visible copper mineralisation from Phase-2 drilling at its Coppermine Project in Nunavut, Canada, with assays pending. The results extend known mineralisation over 150m below surface and set the stage for a major drilling scale-up.

Lindian Resources has adopted an owner-operator mining model at its Kangankunde Rare Earths Project, aiming to reduce mining costs by around 30% and accelerate production start to early 2026.

Athena Resources has reported outstanding assay and metallurgical results from its Byro South drilling program, revealing high-quality magnetite mineralisation with iron grades exceeding 68%. The company is now advancing towards a maiden resource estimate that could reshape the economics of its Byro Magnetite Project.