Latest Polymetallic Mining News

Polymetals Resources has reported a fatal underground incident at its Endeavor Mine in NSW, resulting in two deaths and a suspension of operations as investigations proceed.

Middle Island Resources has initiated field activities at the Bobija polymetallic project in Serbia, targeting significant gold, silver, lead, and zinc mineralisation within a historic mining lease. The move follows its pending acquisition of Konstantin Resources, expanding its footprint into a world-class mineral province.

Maronan Metals has released a Preliminary Economic Assessment for its Starter Zone project, revealing strong financial metrics and two viable development options – an onsite processing plant and a toll-treatment alternative.

Altamin Limited has announced a $6.46 million capital raising via a pro rata entitlement offer to fund development of its lithium-potash Lazio Project and zinc-lead Gorno Project in Italy. The majority shareholder Victor Smorgon Group has committed strongly, underpinning the raise.

Polymetals Resources reports steady operational gains at its Endeavor silver-zinc mine, hitting key production and financial milestones including a scheduled first zinc concentrate shipment and inclusion in the ASX All Ordinaries Index.

Golden Deeps Ltd has reported exceptional high-grade copper, silver, zinc, lead, and germanium results from surface sampling at its Graceland Prospect in Namibia, doubling the mineralised strike length and setting the stage for targeted drilling.

Greenwing Resources has successfully completed its equity raising program, placing the shortfall from its Share Purchase Plan and an additional placement due to strong investor demand. This capital boost strengthens the company’s position as it advances its lithium and graphite projects.

Polymetals Resources has updated its June 2025 quarterly cash flow report, confirming nearly two quarters of funding and ongoing revenue from concentrate sales. The company’s financing position remains stable amid planned equity issuance.

Polymetals Resources has halved its US$20 million debt facility and raised A$15 million in equity to support the Endeavor Mine's transition to steady production.

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.

Taruga Minerals reports progress on multiple Western Australian exploration licences, highlights promising high-grade rock chip results at Thowagee, and maintains a robust cash balance of $1.8 million as it navigates regulatory challenges in South Australia.

Taruga Minerals reports significant progress in Western Australia with new exploration license applications and ongoing copper project developments, alongside key corporate changes and a stable cash position.