Australia Mining

S2 Resources (ASX:S2R) has completed its initial seven-hole reconnaissance drilling program and extended the regional gravity survey at its Warraweena Project.

Iluka Resources (ASX:ILU) has made 91 employees redundant, including 38 staff from its Perth headquarters.

Sphere Corp. has entered into a strategic partnership to acquire a 10% interest in the ENC HPAL Project.

Forrestania Resources (ASX:FRS) has executed a formal sale agreement with Poseidon Nickel, a wholly owned subsidiary of Horizon Minerals (ASX:HRZ).

Alara Resources' (ASX:AUQ) 51%-owned joint venture, Al Hadeetha Resources,, is facing legal proceedings in Oman's Primary Administrative Circuit Court in Ibra.

West Coast Silver (ASX:WCE) has secured firm commitments to raise $3.2 million through a placement of 16.8 million fully paid ordinary shares to existing and new institutional, professional, and sophisticated investors.

Tusker Minerals (ASX:TSK) has finalised the acquisition of a 100% interest in the Yaoundé West Rutile tenement package.

Flagship Minerals (ASX:FLG) has received the second $1.3 million strategic investment tranche from global engineering, procurement and construction group Shandong Xinhai Mining Technology & Equipment.

Cyclone Metals (ASX:CLE) has identified new gold exploration targets across its wholly owned Waikerikeri (PP60708) and Drybread (PP60707) prospecting permits in Central Otago, New Zealand.

Austin Metals (ASX:AYT) reported progress on its BIF-hosted gold targeting at the Brunswick Hill prospect.

Cazaly Resources (ASX:CAZ) has entered into an agreement with Dundas Minerals (ASX:DUN) under which Dundas will earn up to an 80% interest in Cazaly's non-core Romano greenfields gold exploration project.

Kuniko (ASX:KNI) has reported new high-grade rock-chip and soil geochemistry results from the Geenobby prospect.