Latest Mining News

Ionic Rare Earths’ Brazilian joint venture, Viridion, has been selected for significant government funding to accelerate rare earth refining and magnet recycling, marking a major step in Brazil’s strategic push for a secure, sustainable supply chain.

Ballymore Resources’ latest drilling at the Dittmer Project in north Queensland has uncovered exceptional bonanza-grade gold intersections, including a staggering 221.31 g/t gold over 0.4 metres. The company is now preparing to test a deep porphyry target that could redefine the project’s potential.

Macarthur Minerals Limited has issued a replacement prospectus for a renounceable entitlement offer aiming to raise approximately AUD 2 million, fully underwritten by Gold Valley Yilgarn Pty Ltd. The offer includes free attaching options and supports the company’s exploration and operational funding needs.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

Western Gold Resources has voluntarily suspended its shares from trading as it prepares to disclose details of a significant agreement and respond to an ASX price query.

African Gold Ltd has completed a strategic investment with Montage Gold Corp, involving a share swap and private placement worth approximately A$9.2 million, reshaping ownership stakes between the two miners.

Santana Minerals has announced a delay in submitting its Fast Track Approvals Application due to pending ecological consultant reports, missing the previously set June 30 deadline. The company remains optimistic about finalising the reports soon and prioritising the submission.

Tivan Limited has made significant progress on a revised access road for its Speewah Fluorite Project, balancing infrastructure needs with cultural heritage preservation. The company also secured key native title agreements and regulatory approvals supporting its feasibility study and joint venture with Sumitomo Corporation.

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project, unlocking nearly 1,000 square kilometres of historic copper and silver mining territory in Spain. The company is accelerating exploration with geological mapping and airborne geophysics ahead of planned drilling later this year.

Norfolk Metals has cleared all hurdles to begin Stage 1 of its earn-in agreement for the Carmen Copper Project in Chile, committing $3 million over three years to secure a 70% stake. The company has also completed a key share issuance following shareholder approval.

Miramar Resources has partnered with Topdrill in a drill-for-equity agreement to fund significant drilling at the promising 8 Mile gold target within its Gidji JV Project near Kalgoorlie. Drilling is set to begin in July, aiming to explore extensions of a known gold deposit.

Great Boulder Resources reports striking high-grade gold assays extending the Ironbark deposit at its Side Well Gold Project, signaling a potential resource upgrade and advancing development plans.