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Rare Earths and Uranium Lead a Record Resources Rally

11:32am on Saturday 22nd of August, 2026 AEST MARKET NEWS
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Rare Earths and Uranium Lead a Record Resources Rally

11:32am on Saturday 22nd of August, 2026 AEST
Key Points
  • Heavy Rare Earths (ASX:HRE) rose 51.32% after expanding its Subron project by 268%.
  • QX Resources (ASX:QXR) gained 50.00% on an 18–33 million pound uranium target at Madaba.
  • OceanaGold (ASX:AUC) climbed 38.97% after agreeing to buy Ausgold and the Katanning project for A$776 million.
  • Gold producers reported record profits, higher dividends and larger reserves across a busy results week.
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