Latest Mining News

Stavely Minerals' latest quarterly report reveals continued exploration progress at its key Victorian and Western Australian projects, alongside a successful capital raise to fund further drilling and geophysical surveys.

Zeus Resources Ltd has successfully reinstated its securities on the ASX and raised over $1.2 million through a Share Purchase Plan, Priority Options Offer, and Placement, advancing exploration in uranium, lithium, and rare earth projects across South Australia and Western Australia.

Kaiser Reef Limited has made a pivotal advance by developing into the unmined Nova Zone at the A1 Gold Mine, marking a shift from remnant to modern mining operations, supported by a successful $8 million capital raise.

Stavely Minerals reported a $1.593 million net cash outflow for Q4 2024 but plans to reduce exploration expenditure in the coming quarter to preserve its $2.673 million cash balance.

Enterprise Metals Limited has secured a heritage agreement and government grant to progress drilling at its Doolgunna Project, while also navigating key board appointments and capital raises in the December 2024 quarter.

Truscott Mining Corporation is gearing up for an expanded drilling program at its Tennant Creek gold projects, leveraging a robust gold price environment and fresh capital to advance exploration and resource definition.

Volt Resources exceeded its graphite production goals in Q4 2024, producing over 800 tonnes at its Ukrainian Zavalievsky mine, while progressing development of its Tanzanian Bunyu Graphite Project and refining a novel US-based purification process.

BauMart Holdings reports meaningful progress in expanding its distribution networks and strategic collaborations during the December 2024 quarter, positioning itself for growth across Indonesia, Australia, and the mining sector.

Viridis Mining and Minerals has delivered a maiden Mixed Rare Earth Carbonate product with exceptional recovery rates, alongside a substantial resource upgrade at its Colossus Rare Earth Project in Brazil.

Australian Mines Limited reports a substantial increase in scandium mineral resources at its Flemington project and progresses its maiden drilling programs in Brazil, positioning itself for growth amid challenging nickel and cobalt markets.

Southern Hemisphere Mining Limited has reported a significant 15% extension to the Cerro-Ferro copper-gold system strike length, alongside promising drilling results that set the stage for a resource upgrade and deeper exploration in 2025.

Raiden Resources has made significant strides in its December 2024 quarter exploration, completing maiden drilling at Andover South and advancing projects at Mt Sholl and Arrow, supported by a $10 million capital raise.