Latest Mining Sector News

OZZ Resources has entered a binding option agreement with Scorpion Minerals, offering an exclusive chance to acquire its key tenements for $2.6 million plus a gold production royalty. The deal awaits shareholder approval and hinges on several regulatory and operational conditions.

AusQuest Limited’s recent reconnaissance drilling at its Mt Davis Project in Western Australia has revealed promising lead, copper, and silver anomalies, suggesting potential for sediment-hosted base metal deposits.

Audalia Resources has completed a $540,000 placement by issuing 20 million shares, aiming to advance mining design and permits at its Medcalf Project while exploring further funding options.

Unico Silver Limited has more than doubled its Share Purchase Plan to $10.32 million amid overwhelming demand, contributing to a combined $50 million capital raise to advance its Joaquin and Cerro Leon silver projects.

Altamin Limited has completed a $1.003 million placement, bolstering its financial position to progress key projects in Italy amid ongoing permitting and partnership efforts.

Robex Resources has successfully poured first gold at its Kiniéro project in Guinea on schedule and within budget, marking a key operational milestone. The company is advancing a merger with Predictive Discovery to create a significant West African gold mining hub.

Eminence Minerals has concluded its Supreme Court hearing challenging the recognition of two Aboriginal heritage sites on its Hamersley Iron Ore Project land, with a court decision expected in early 2026.

Nova Minerals has priced a US$20 million NASDAQ offering to fund exploration and development at its Estelle Gold and Critical Minerals Project in Alaska, signaling a key step forward for the company’s growth ambitions.

Genmin Limited has completed a A$25.7 million capital raise, wiping out its debt and positioning itself to accelerate development of its flagship Baniaka iron ore project in Gabon.

Verbrec Limited has announced over $20 million in new contracts spanning biogas engineering, cyber security, pipeline maintenance, mining technology, and water security, reinforcing its leadership in energy transition and sustainable mining sectors.

Tali Resources has identified three promising new exploration targets within its West Arunta Project, setting the stage for an expansive drilling campaign in 2026 to test for significant mineralisation.

ActivEX Limited has raised $100,000 through a strategic share placement to Business Victor Investments, aiming to accelerate its exploration projects and strengthen working capital.