Latest Mining News

Deterra Royalties Limited reported a solid half-year profit of $63.9 million despite iron ore price pressures, supported by strong production volumes and gold offtake performance. The company declared a fully franked interim dividend of 9.0 cents per share and maintains robust liquidity for strategic investments.

Deterra Royalties reported a 6% revenue decline to $112.3 million for 1H25, offset by record Mining Area C volumes and new gold income from its Trident acquisition. The company declared a fully franked interim dividend of 9.0 cents per share, reflecting confidence in its diversified royalty portfolio.

SRG Global Limited has delivered a robust half-year performance to December 2024, marked by significant revenue and profit growth alongside a strategic acquisition that bolsters its market footprint.

Monadelphous Group Ltd reported a robust first half of FY2025 with revenue climbing 4.2% to $1.051 billion and net profit after tax surging 41.3%, underpinned by a strong contract pipeline and operational improvements.

Maximus Resources Limited has issued a Target's Statement recommending shareholders accept Astral Resources NL's off-market takeover bid, which offers a significant premium and improved liquidity. The offer, valuing Maximus shares at approximately $0.073 each, aims to consolidate gold assets in Western Australia under Astral's larger portfolio.

Far Northern Resources has amended its December 2024 Appendix 5B cash flow report to provide clearer details on investing activities, revealing a net cash outflow and a modest cash balance at quarter-end.

Everest Metals Corporation has successfully extracted gold from its Revere Gold Project, marking a pivotal step in converting exploration targets into a JORC-compliant resource. The bulk sampling program continues to refine understanding of this high-grade, nuggety gold system.

Superior Resources Limited issues a clarification on its Halls Reward Cu-Au-Ag Mine announcement, addressing compliance gaps while underscoring promising high-grade copper, gold, and silver targets revealed through historical data and ongoing exploration.

Eagle Mountain Mining has completed a significant capital raise through the issue of over 518 million new shares and 129 million options, including a $3 million loan conversion, bolstering its exploration projects in Arizona.

GWR is actively pursuing transformative project acquisitions across global jurisdictions while trading significantly below its cash and investment backing. The company’s robust cash position and critical minerals investments position it well amid shifting global supply dynamics.

ACDC Metals has completed a comprehensive metallurgical testwork program at its Goschen Central Project, confirming the viability of its processing flowsheet and advancing the project towards feasibility and potential offtake agreements.

EV Resources Limited has responded to ASX inquiries confirming the material impact of China's molybdenum export controls and recent high-grade antimony assay results on its securities.