Latest Western Australia News

Aurumin Limited shareholders and optionholders have overwhelmingly approved a scheme of arrangement for Brightstar Resources to acquire 100% of Aurumin shares, setting the stage for imminent court approval and market suspension.

Warriedar Resources Limited’s shares will be suspended from trading following court approval of Capricorn Metals’ acquisition scheme, marking a significant consolidation in Western Australia’s gold mining sector.

Aurumin Limited shareholders and optionholders convened on 14 November 2025 to vote on a scheme of arrangement for Brightstar Resources to acquire 100% of Aurumin, with strong proxy support signaling broad approval ahead of final court sanction.

Sarama Resources has raised A$2.7 million to fund exploration at its Australian gold projects while progressing a significant arbitration claim against Burkina Faso for expropriation of its African permit.

Sarama Resources Ltd reported a $1.9 million loss for the first nine months of 2025 while securing A$2.7 million in equity funding and advancing a $242 million arbitration claim against Burkina Faso over mining permit expropriation.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

Cyprium Metals has refinanced its US$27.3 million senior secured loan with Nebari, extending maturity to 2029 and enabling flexible debt management as it advances the Nifty Copper Complex restart.

TG Metals has significantly expanded gold-in-soil anomalies at its Gold City prospect near Van Uden, increasing drill targets to four and setting the stage for early 2026 drilling. Pending assay results and ongoing exploration hint at a growing gold opportunity in Western Australia.

Rincon Resources has reported robust gold and copper assay results from its recent drilling at the Hasties Main deposit, extending mineralisation by 150 meters and confirming grades comparable to the nearby Telfer Mine.

Capricorn Metals Ltd has officially completed its acquisition of Warriedar Resources Limited through a court-approved scheme of arrangement, marking a significant consolidation in the gold mining sector.

Acrow Limited reported a 4% rise in underlying net profit for FY25, driven by strategic acquisitions and a growing industrial access division now contributing half of group revenue. Despite some formwork delays, the company maintains a strong project pipeline and steady dividends.

Hamelin Gold has extended shallow gold mineralisation at its Fremlins South prospect to over 400 metres strike and identified a 500-metre mineralised trend at Jazz, with follow-up drilling planned for early 2026.