Victory Metals (ASX:VTM) has upgraded the North Stanmore Heavy Rare Earth Elements Project’s mineral resource estimate, with 71% now in the higher confidence indicated category.  The indicated resource now totals 176.5 million tonnes @ 503 parts per million (ppm) total rare earth oxide (TREO), which is expected to complement a Scoping Study already underway.  North […]

Asra Minerals (ASX:ASR) has completed the Tarmoola Pastoral Lease sale to Vault Minerals (ASX:VAU) for $3 million, after receiving the remaining $2.75 million cash. The Tarmoola Pastoral Lease sits in the Western Australian Goldfields region.  Asra Minerals says the transaction strengthens its financial position with proceeds to be directed towards supporting exploration and drilling campaigns […]

Mining services company MLG Oz (ASX:MLG) has executed contracts, valued at $45 million, with Northern Star Resources (ASX:NST) across four operations in Western Australia.  The company will provide haulage and site services across Northern Star’s Jundee, South Kalgoorlie, Kanowna Belle, and Kalgoorlie Consolidated gold mines operations. MLG, which has a market capitalisation of $84.14 million, […]

Lodestar Minerals (ASX:LSR) plans to further investigate three new copper targets identified in soil sampling at the Anticline Prospect, part of the Earaheedy Project in Western Australia. The targets were uncovered following the compilation of 637 samples taken from two prospects within the newly granted E69/3532 tenement. Managing Director Ed Turner says E69/3532 is one […]

Gibb River Diamonds (ASX:GIB) has signed a deal with the Nyalpa Pirniku native title holders’ group for the granting of a mining lease at the Edjudina Gold Project in Western Australia.  Under the mining benefits and heritage agreement, covering the entire Edjudina Project, specific documents need to be lodged with the Western Australian Department of […]

Black Cat Syndicate (ASX:BC8) has poured the first gold bar at the restarted Paulsens Gold Operation in Western Australia.  Yesterday (22 December), the gold was poured from the refurbished processing facility, which has been completed on schedule and within budget.  Black Cat, which has a market capitalisation of $359 million, has begun commissioning of the […]

Black Canyon (ASX:BCA) is conducting a placement to raise $2.5 million for exploration programs across the Wandanya Project in Western Australia.  Under the two tranche placement, 41.7 million shares will be issued at $0.06 per new share. The issue price represents a 9.1% discount to the five-day volume weighted average price.  Foster Stockbroking and Taylor […]

Latitude 66 (ASX:LAT) has completed the sale of the Sylvania Project to Australian gold producer Capricorn Metals (ASX:CMM).  The Sylvania Project, which covers 1,740km2, is located in the Pilbara region of Western Australia and is immediately to the west of Capricorn’s Karlawinda Gold Mine.  Under the binding sale agreement, announced on 9 December 2024, Latitude […]

Auric Mining (ASX:AWJ) reports its gold sales for 2024 has reached 10,692 ounces from the Jeffreys Find Gold Mine in Western Australia.  In 2023, 9,741 ounces of gold were sold from the Jeffreys Find mine.  The total gold sales for 2024 totals about $41.06 million with an average sale price of $3,840 per ounce.  According […]

Victory Metals (ASX:VTM) has signed a memorandum of understanding with Sumitomo Corporation (TYO:8053) to negotiate an offtake of mixed rare earth carbonate from the North Stanmore Heavy Rare Earth Elements Project in Western Australia.  The North Stanmore Project is thought to contain Australia’s largest indicated and inferred heavy rare earth element clay resource, measuring 235 […]