Latest Mining News

Magnetic Resources has raised A$35 million through a placement to fund key development stages of its Lady Julie Gold Project, signalling strong investor confidence in the company’s growth prospects.

Austral Gold's Argentine subsidiary has refinanced its debt with a new $1.3 million unsecured loan from a related party, extending repayment terms and managing its financial obligations amid ongoing growth plans.

Dart Mining NL has launched a significant options offer tied to a recent $2.86 million placement, potentially raising over $6 million if exercised. The offer includes a mix of placement, broker, and bonus options, subject to shareholder approval and ASX quotation.

Dart Mining NL has lodged a prospectus for a substantial options offer, including a bonus issue to shareholders and options linked to a recent $2.86 million placement. The move aims to reward investors and potentially raise over $6 million if options are exercised.

Metal Bank Limited is fast-tracking gold production at its Livingstone project in Western Australia, leveraging near-surface resources and existing processing infrastructure, while advancing copper and critical minerals exploration in Saudi Arabia.

XRF Scientific Limited reported a record profit for FY25, driven by strong mining sector demand and international sales growth, alongside strategic acquisitions that bolster its market position.

Ausmon Resources has addressed a recent spike in its share price and trading volume, attributing the market interest to prior drilling assay results for rare earth elements in South Australia.

Syrah Resources’ Mozambican graphite operation receives a $6.5 million loan disbursement from the US DFC, with further funding contingent on a critical loan restructure planned for September.

XRF Scientific has reported a record full-year result for FY2025, with net profit rising 17% to $10.4 million and a 15% increase in its fully franked dividend. Strong global mining demand and recurring revenue streams underpin the company’s growth.

Anson Resources has successfully raised $5 million through an oversubscribed share placement to fast-track development of its Green River Lithium Project in Utah. The funds will support key engineering, permitting, and resource expansion activities.

Sarytogan Graphite Limited secures a strategic A$3.6 million investment from Kazakh high-net-worth investor Dias Sarsenov, accelerating its Definitive Feasibility Study for a critical graphite project vital to Europe’s raw materials supply.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.