Latest Mining News

Lode Resources has announced a maiden Mineral Resource Estimate for its Webbs Consol project in New South Wales, revealing a high-grade silver equivalent resource of 32 million ounces. The estimate confirms the project's potential with strong grades and promising metallurgical recoveries.

Nimy Resources has wrapped up a major drilling campaign at its Block 3 Gallium Prospect in Western Australia, setting the stage for a maiden resource estimate by year-end. Early assays reveal promising high-grade gallium, fueling optimism amid growing global demand for this critical metal.

Novo Resources has outlined a strategic exploration plan for the second half of 2025, focusing on high-grade gold and antimony prospects in Western Australia's Pilbara region, with maiden drilling programs set to commence.

Dreadnought Resources has reported promising assay results from recent drilling at its Mangaroon Gold Project, confirming extensions of shallow, high-grade gold mineralisation and setting the stage for further exploration.

Magnetic Resources NL has secured a pivotal native title agreement with the Wangkatja Tjungula Aboriginal Corporation, removing key regulatory hurdles for the Lady Julie Gold Project in Western Australia.

Macmahon Holdings has locked in a new $550 million syndicated debt facility, extending maturity to 2029 with improved terms and robust bank backing. This refinancing positions the company for strategic growth while maintaining a conservative liquidity stance.

Black Cat Syndicate has fast-tracked its Lakewood processing tolling program and appointed Tim Mason as COO to streamline operations and support its More Gold Sooner strategy.

Australian Silica Quartz Group's flagship Quartz Hill MGSi Project faces a setback after Quinbrook Infrastructure Partners terminates their development and offtake agreement. ASQ pivots to explore other high-grade quartz targets in Queensland.

Babylon Pump & Power has successfully placed over 202 million shortfall shares, raising approximately $811,728 from sophisticated investors as part of its recent entitlement offer.

Ballymore Resources has initiated a deep drilling program at its Dittmer Project in North Queensland, targeting a significant porphyry copper-gold system beneath the historic mine. This follows strong Stage 5 drilling results and is supported by Queensland Government funding.

QMines is set to complete its acquisition of the high-grade Mount Mackenzie Gold and Silver Project, boosting its resource base and planning a maiden drilling program to unlock further value.

Pivotal Metals has clarified the cause behind its recent share price surge, attributing it to a publicly released research note while confirming no undisclosed material information.