Latest Mining News

WIN Metals has completed the acquisition of the Radio Gold Mine, a high-grade asset in Western Australia, and is rapidly advancing exploration and development to unlock near-term production and long-term value.

Auravelle Metals has cleared a key heritage survey at its Nuckulla Hill project, paving the way for expanded drilling following promising high-grade gold results. The company is gearing up for a busy exploration phase with assays due soon and new targets in sight.

Lindian Resources has appointed DRA Pacific to lead the Kangankunde Stage 2 Expansion Study, aiming to scale rare earths production amid strong market demand. This move follows the recent Final Investment Decision for Stage 1, targeting first production in 2026.

Asian Battery Metals has confirmed excellent copper recoveries of up to 95% from metallurgical testing at its Oval Cu-Ni-PGE discovery in Mongolia, validating a straightforward flotation process for producing marketable copper concentrate.

St George Mining has clarified that its recent share price rise is due to promotional efforts and a positive research update, confirming no undisclosed information is influencing trading.

QEM Limited’s trading suspension has been lifted following the release of metallurgical testwork results for its Julia Creek Vanadium and Energy Project, signaling renewed investor interest.

QEM Limited’s latest metallurgical tests have upended key assumptions of its 2024 Julia Creek Scoping Study, prompting a strategic review amid a tough vanadium market. The company now questions the viability of direct kerogen flotation for vanadium recovery and shifts focus to capital preservation and project reassessment.

Boab Metals Limited has responded to ASX concerns over recent unusual trading activity, confirming no undisclosed information exists and attributing the surge to positive research reports and rising silver prices.

Nickel Industries Limited plans to issue new senior unsecured notes while tendering its existing 2028 notes, aiming to extend its debt maturity profile and optimize its capital structure.

Metal Bank Limited moves swiftly to expand its Western Australian gold footprint through the acquisition of Hastings Technology Metals’ gold assets and a $2.3 million capital raising aimed at fast-tracking exploration and production.

Metal Bank Limited (ASX – MBK) has announced a partially underwritten entitlement offer aiming to raise $2.32 million to fast-track its Western Australia gold projects and explore graphite potential in Queensland. The offer, priced at $0.014 per share, is supported by Equator Capital Management Ltd and targets existing shareholders.

Kula Gold has transferred 24 million shares held as security by Acuity Capital to a placement participant, raising $528,000 and eliminating collateral shares under its ATM facility.