Latest Western Australia News

Brockman Mining has regained full control of its Ophthalmia Project after Polaris Metals surrendered its joint venture interest, ending a loan obligation and opening new development options.

Cygnus Metals has sent out the Scheme Booklet to shareholders detailing the proposed acquisition by Central Asia Metals, with directors recommending approval ahead of the September vote.

MaxiPARTS Limited lifted net profit by 13% to $8.7 million for FY26, boosted by organic growth, a new Kalgoorlie site, and disciplined cost management, while declaring a 5.46 cent fully franked final dividend.

Medallion Metals has raised A$60 million through a targeted placement, boosting its liquidity to about A$175 million and enabling accelerated development of its Ravensthorpe Gold Project and drilling programs in Western Australia.

McLaren Minerals reported robust assay results from 179 drill holes at its McLaren Titanium Project, revealing a consistent heavy mineral grade averaging 4.96% over 15.8 metres from surface, underpinning resource upgrade and feasibility plans.

Dart Mining (ASX:DTM) has agreed to acquire a large, underexplored gold and lithium project near the Gruyere mine in WA’s Yamarna district, backed by a $2 million capital raise to fund exploration and acquisition costs.

Western Gold Resources has lifted the Gold Duke Project’s Mineral Resource to 277,000 ounces of gold, marking a 29% increase in contained gold and a significant jump in resource confidence following extensive drilling.

Odyssey Gold’s latest drilling at Tuckanarra confirms continuity and high-grade extensions at Anchor, Maybelle, and Lucknow deposits, underpinning updated resource estimates and mining studies.

Global Lithium Resources has secured critical environmental and water permits for its Manna Lithium Project, clearing the way for early works and construction. These approvals align with the company’s aggressive schedule targeting first ore shipment in mid-2027.

CZR Resources Ltd (ASX:CZR) has launched an all-scrip off-market takeover bid for Zuleika Gold Limited (ASX:ZAG), offering 0.1742 CZR shares per Zuleika share, valuing Zuleika at approximately $44.8 million and representing a premium of over 40% to recent prices.

Maritana Minerals (ASX:MRT) has reported a 6.3% rise in gold Mineral Resources to 1.86 million ounces and a striking 148% increase in Ore Reserves to 204,100 ounces for FY2026, driven by maiden Ore Reserves at Crake and Kalpini and updates at Boorara.

Minerals 260’s latest drilling results at Bullabulling reinforce the continuity of its 6.2Moz gold resource, with standout high-grade intercepts supporting resource upgrades and expansion potential across multiple deposits.