Latest Mining Sector News

Robex Resources shares will halt trading on the ASX from April 10 following court approval of its merger with Predictive Discovery, marking a key step toward creating a major West African gold producer.

Whitehaven Coal (ASX:WHC) has entered a US$600 million senior secured syndicated loan facility with a 4.5-year tenor, aimed at refinancing existing debt, lowering funding costs, and extending debt maturity. The facility reflects lender confidence in the company’s financial discipline and credit profile.

European Resources Limited has withdrawn its March 2026 renounceable rights issue following shareholder feedback and market conditions, replacing it with a repriced April offer to raise approximately $3.4 million, underwritten for $1.5 million by Mahe Capital.

Patriot Resources Limited has secured a $500,000 share placement at a 28% premium and entered a 24-month marketing agreement with Next Investors to boost investor engagement for its Tassa Silver Project in Peru.

GR Engineering Services Limited has been awarded a $68 million EPC contract by Northparkes Mining Services, a subsidiary of Evolution Mining, to upgrade the Northparkes Coarse Particle Flotation Project in New South Wales, aiming to improve copper recovery and energy efficiency.

EcoGraf Limited has initiated a US$9 million farm-in agreement with AngloGold Ashanti at its Golden Eagle Project in Tanzania, alongside promising exploration results at the Hazina prospect. The company is evaluating strategic options to maximise value from its extensive Tanzanian gold portfolio while progressing its flagship graphite and battery anode projects.

Asara Resources (ASX:AS1) has reported strong drilling results from the Massan deposit at its Kada Gold Project in Guinea, demonstrating broad and continuous gold mineralisation along strike and down-dip. The results support significant resource growth potential and ongoing drilling efforts.

Citigroup Global Markets Australia has announced a fully franked dividend for RIO CitiFirst Self-Funding Instalments, with dividend proceeds directed to reduce outstanding loan amounts. The record and ex-dividend dates align with those of RIO ordinary shares.

Torque Metals Limited (ASX: TOR) reports significant new high-grade gold intercepts from recent drilling at its Paris Gold Project in Western Australia, extending mineralisation up to 500 metres beyond the current Mineral Resource Estimate. The company plans an interim resource update in Q2 2026 amid ongoing multi-rig drilling.

Macarthur Minerals Limited (ASX:MIO) has completed a placement issuing 50 million shares and 25 million options, introducing Destec Holdings Pty Ltd as a new major shareholder. The funds will support tenement maintenance, working capital, and project advancement at the Lake Giles Iron Project.

Rio Tinto Limited has updated its 2025 final dividend announcement, confirming a fully franked ordinary dividend of USD 2.54 per share payable on April 16, 2026, with detailed currency exchange rates and payment arrangements.

Latitude 66 Limited has lodged Exploration Permit applications for its KSB Project in northern Finland following a recent amendment to the Finnish Mining Act. The permits, expected in Q2 2026, will secure tenure for the project and enable further development and exploration activities.