Latest Mining News

Ballymore Resources reports standout high-grade gold, silver, and copper results from its latest drilling at the Dittmer Gold Project, reinforcing confidence in the Duffer Lode’s continuity and prompting plans to extend underground exploration.

Thor Energy has agreed to sell its 75% stake in the FRAM Joint Venture to Tivan Limited for A$8.75 million, significantly strengthening its balance sheet and accelerating its focus on natural hydrogen and helium exploration in South Australia.

Investigator Resources has agreed to sell its 25% stake in the Molyhil tungsten-molybdenum project to Tivan Limited, unlocking over A$3 million in value and sharpening its focus on precious metals development.

Medallion Metals has taken a crucial step forward by ordering a secondary ball mill to upgrade the Cosmic Boy Concentrator, underpinning its Sulphide Production Strategy and advancing its feasibility study toward a final investment decision.

Tesoro Gold has released an expanded and upgraded scoping study for its Ternera open pit project in Chile, revealing strong economics and a 1.82 million ounce gold resource. The study highlights a straightforward development path with low capital costs and excellent gold recoveries.

Power Minerals Limited has reported the highest rare earth element grades to date from re-assayed drill samples at its Santa Anna Project in Brazil, significantly enhancing the project's resource potential.

Litchfield Minerals is set to commence a major Phase 2 drilling program at its Oonagalabi Project, aiming to unlock a potentially world-class base metals system through targeted geophysical anomalies. The campaign will test a dual mineralisation model combining SEDEX-style and intrusive gold-bismuth signatures.

Eclipse Metals has launched a significant drilling campaign in Greenland, targeting rare earth elements at its Ivigtût and Grønnedal sites amid rising global demand for critical minerals.

Hillgrove Resources has reported significant high-grade copper and gold mineralisation extensions at its Nugent deposit within the Kanmantoo Copper Mine, enhancing resource understanding ahead of first production. Ongoing drilling and an updated resource estimate are set to shape the mine’s near-term development.

Paladin Energy has launched a fully underwritten A$300 million equity raising to advance its Patterson Lake South uranium project, aiming for a Final Investment Decision and first production by 2031.

Core Energy Minerals has confirmed uranium mineralisation at its Cummins Project in South Australia through a maiden aircore drilling program, reinforcing its geological model and setting the stage for targeted follow-up exploration.

Sunrise Energy Metals has attracted a significant financing interest from the U.S. Export-Import Bank, potentially securing half the capital needed for its Syerston Scandium Project amid shifting global supply dynamics.