Today’s Top News
Today’s Top News
Key mining news, market moves and developments from Australia, Canada, the US, UK and across the globe.
All news · 99 stories
Monday 2 November 2026
- NewPeak Completes Phase 2 Drilling at Las OpeñasNewPeak has completed Phase 2 diamond drilling at its 100%-owned Las Opeñas Gold Project in San Juan Province, Argentina, with the main objectives met. The holes tested the westerly extension of the gold-dominant zone identified in Phase 1, targeting the interpreted higher-gold-grade core closer to the Belleza Breccia…
- Skylark Secures AUD 20 Million Placement CommitmentsSkylark Minerals has received firm commitments for a $20 million two-tranche placement at $0.24 a share, including about $5.1 million from PDI Gold, which will hold 9.9% on completion. Tranche 1 raises about $7.85 million with settlement on 6 November, and Tranche 2 raises about $12.15 million subject to shareholder…
- Abra's TurnaroundEndurance Mining delivered its fifth consecutive quarter of planned tonnes and grade at the Abra silver-lead mine in the June 2026 quarter, with a record-low TRIFR of 4.6. FY26 operating EBITDA was $77.7 million with free cash flow of $24.2 million, and the debt balance fell to US$114.6 million after a US$10.9 million…
- Sunrise Approves Syerston Scandium DevelopmentSunrise Energy Metals has approved a final investment decision on its Syerston Scandium Project in New South Wales, targeting first production in the second half of 2028. The US$322 million development will process 64,000 tonnes of ore a year to produce 60 tonnes a year of scandium oxide over a 32-year life. It is…
- Jacaranda Identifies High-Grade Copper Rock Chips at MotloutseJacaranda's maiden Motloutse programme in Botswana returned up to 2.0% Cu in selective rock chip assays, with 12 of 23 samples above 1% Cu and copper confirmed at all six historical pits sampled. Fieldwork also identified a new copper trend at Tlou, traced for about 50m, where 8 of 12 samples exceeded 1% Cu, and…
- Iron Ore Rises as China's Demand Slowdown Proves Milder Than FearedThe most-traded Dalian contract rose 0.59% to 679 yuan ($102.05) a tonne after falling 3.4% in September and 4.3% in October, as Chinese hot metal output slipped only 0.2% week on week to about 2.32 million tonnes. The Singapore benchmark December contract gained 0.61% to $91.3 a tonne. Expectations of a…
- Hancock Iron Ore Delivers 71.5 Million TonnesHancock Iron Ore shipped 71.5 million tonnes of Pilbara iron ore in FY2026, with 63.2Mt from Roy Hill and the remainder from Atlas Iron. Net profit was $1.8 billion against about $2 billion in the prior year, on revenue of $8.76 billion, up about $373 million. First ore from McPhee Creek was delivered in June, and…
- Cutifani Warns Slow Innovation Could Invite TakeoversFormer Anglo American CEO Mark Cutifani told the International Mining and Resources Conference in Sydney that mines are getting an average of 40 metres deeper each year while permitting can take up to 20 years. He warned that major players outside mining will start buying large miners if the industry fails to…
- Tech Rout Drives Gold to One-Year LowSpot gold fell 3.5% to US$3,880.97 an ounce on Friday, its lowest level since October 2025, as a slump in tech shares on AI spending concerns spilled into precious metals. Silver dropped 6.5% to US$49, breaking below US$50 for the first time in 11 months, while palladium slipped below US$1,000. A 7% to 9% weekly fall…
- Oyu Tolgoi Underground Operations Progressively Restarted After Safety ReviewsRio Tinto is progressively restarting underground operations at its Oyu Tolgoi copper mine in Mongolia after completing safety reviews. A seismic event on 29 October caused a localised rockfall in a temporary storage zone next to the production area, with no structural impact on the cave or its operating…
