Latest Mining News

Paterson Resources has announced a $2 million capital raising via a placement and a non-renounceable entitlement offer, aimed at advancing its Grace Project in Western Australia. The offer includes new shares priced at $0.018 each and free attaching options, with proceeds earmarked for drilling, studies, and working capital.

Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025 amid falling coal prices and supply chain disruptions, despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing strategic acquisitions and sustainability initiatives.

The Supreme Court of Western Australia has approved Gold Fields’ acquisition of Gold Road Resources via a scheme of arrangement, setting the stage for a significant consolidation in the gold mining sector.

Javelin Minerals Limited has announced a significant 1-for-31 security consolidation affecting its shares, options, and performance rights, set to take effect in November 2025. This move will reshape the company’s capital structure and adjust exercise prices accordingly.

MC Mining Limited has appointed Yi (Christine) He as its permanent Managing Director and CEO, cementing leadership ahead of key coal production milestones at the Makhado Project.

MetalsTech Limited’s substantial shareholders have finalized an off-market sale of 23.6 million shares, raising over $11 million and reshaping the company’s ownership landscape.

Zenith Minerals has raised A$7.65 million through a strategic placement with Ida Metal Investments, strengthening its cash position to fast-track drilling at its Dulcie and Red Mountain gold projects.

Liontown Resources reported a solid FY25 with A$298 million in revenue and positive EBITDA, setting the stage for a strategic underground transition in FY26 backed by a strengthened balance sheet and sustainability commitments.

Sierra Nevada Gold has successfully raised A$9.65 million through a share placement to accelerate exploration in Nevada and Saudi Arabia, while appointing former De Grey Mining chairman Simon Lill as its new Non-Executive Chairman.

Nickel Industries has successfully issued US$800 million in senior unsecured notes at a 9% coupon, extending its debt maturity to 2030 and reducing annual amortisation by US$88 million. The company also launched a tender offer to repurchase higher-cost notes maturing in 2028.

Lord Resources has raised $814,000 through a strongly supported placement and is launching a $1.6 million entitlement issue to accelerate exploration at its Ilgarari Copper Project in Western Australia.

Resolution Minerals has secured US Forest Service approval to extend and expand its drilling program at the Horse Heaven project in Idaho, doubling planned holes and increasing land holdings by 600 acres.