Latest Mining News

Kore Potash has signed non-binding term sheets with OWI-RAMS for a $2.2 billion funding package to develop its flagship Kola Potash Project in the Republic of Congo, combining senior secured finance and royalty-based funding under Shariah principles.

Avira Resources has completed the acquisition of a new exploration licence, expanding its Tangadee Project in Western Australia to three granted licences targeting copper-zinc and copper-nickel sulphide deposits. The company plans a field assessment in June 2025 to evaluate promising geophysical targets and engage with native title parties.

Emmerson Resources updates its White Devil scoping study, revealing strong open pit potential with over 60% of its 611,400oz gold resource convertible at a conservative A$4,000/oz price. The study advances mine design, underground evaluation, and permitting, setting the stage for development.

Northern Minerals Limited has responded to ASX inquiries about recent unusual trading activity, confirming no undisclosed information but highlighting ongoing project developments and market factors influencing its share price.

Zenith Minerals has secured exclusive subsurface exploration and mining rights over a key tenement package adjacent to its Dulcie Far North gold resource, significantly expanding its footprint in Western Australia's Marvel Loch–Forrestania gold belt. The deal includes milestone-based options for full ownership and a royalty agreement, setting the stage for accelerated resource growth.

Torque Metals has completed its acquisition of Aston Minerals through a court-approved scheme of arrangement, issuing new shares to Aston securityholders and delisting Aston from the ASX. The combined entity will operate under Torque’s leadership with a refreshed board.

PhosCo Ltd faces a new arbitration request from Tunisian Mining Services over joint venture disputes, while seeking to recover $7.2 million in unpaid damages dating back to 2017.

Mineral Commodities Ltd reveals delays in receiving the final payment for its Skaland Graphite Project sale, with interest rates on outstanding amounts now sharply increased.

InVert Graphite Limited has been reinstated to ASX quotation following its compliance with key listing rules, ending its trading suspension.

Dateline Resources secures high-level U.S. government endorsement for its Colosseum Rare Earths Project, highlighting its strategic role in domestic critical minerals supply. The project’s significant gold resources and rare earth potential position it as a key player in America’s mineral independence efforts.

Flynn Gold reports outstanding metallurgical results from its new Grenadier Prospect in NE Tasmania, with assays averaging 10.5g/t gold and 95% recovery via conventional leaching. Maiden drilling is set to begin soon, promising to unlock further potential.

Aguia Resources has locked in $750,000 through convertible notes to bolster working capital, pending shareholder approval expected in mid-July. The notes carry a 10% interest rate and come with free options, signaling cautious optimism about the company’s near-term funding needs.