Latest New South Wales News

Infinity Mining has identified a promising new gold target at its Cangai Project in northern NSW, reviving interest in the historically rich Sir Walter Scott Gold prospect. The discovery is supported by historical assays and modern LiDAR mapping, setting the stage for upcoming exploration.

LinQ Minerals Limited has filed a Replacement Prospectus for its IPO to raise up to $10 million, anchored by its 100%-owned Gilmore Project in NSW with a substantial 2024 Mineral Resource Estimate. The company aims to advance exploration and development of this significant gold-copper asset in a tier-1 jurisdiction.

Ioneer Ltd has launched a non-underwritten Share Purchase Plan (SPP) aiming to raise up to A$5 million, offering eligible shareholders in Australia and New Zealand the chance to buy shares at the same price as a recent institutional placement.

Develop Global Limited has launched a A$180 million equity placement to fast-track production and extend mine life at its Woodlawn and Sulphur Springs projects, positioning itself as a leading copper and base metals player on the ASX.

SRG Global has locked in $850 million worth of contracts spanning water, energy, resources, and more, reinforcing its position as a diversified infrastructure leader in Australia and New Zealand.

Dexus reports a slight 0.4% increase in portfolio valuations driven by rental growth, alongside an 18-cent estimated distribution. Meanwhile, legal proceedings involving its APAC stake face delays, clouding future outcomes.

Koonenberry Gold Limited has revealed a significant 1.6km strike extension to its Sunnyside gold system at the Enmore Gold Project, highlighted by strong surface assay results including high-grade rock chips. The discovery expands the potential strike length to over 2km, setting the stage for an extensive drilling campaign.

Polymetals Resources has completed a major refurbishment of its Endeavor processing plant and begun producing saleable silver-lead and zinc concentrates, marking a key milestone in its operational ramp-up.

Novo Resources Corp has significantly enhanced its exploration portfolio with new farm-in agreements and a joint venture with Northern Star Resources, targeting standalone gold and copper projects with over 1 million ounces potential.

Sunrise Energy Metals has secured $6 million through a placement and is seeing strong support for its Share Purchase Plan, aiming to fast-track the Syerston Scandium Project feasibility study by Q3 2025.

Larvotto Resources has secured preliminary regulatory approval to extend mining at its Hillgrove Gold-Antimony Mine through 2026, paving the way for project financing and production ramp-up.

Kingston Resources has restarted gold concentrate production at its Mineral Hill mine, marking a significant step in its transformation into a multi-product operation. The company aims to begin copper concentrate sales by mid-2026 as it transitions to underground mining.