🔥 Wednesday 21 January 2026 Wed, 21 Jan 2026

Evolution Mining has reported a stellar December quarter, delivering record cash flow and reaffirming its FY26 production targets with improved cost efficiency. Despite a weather disruption at Ernest Henry, the company’s operations and growth projects remain on track.

Rio Tinto delivered a standout 2025 with an 8% rise in copper equivalent production, record iron ore output in the Pilbara, and key milestones like the first shipment from Simandou port. The company met or exceeded its guidance while advancing major projects across its portfolio.

American West Metals has announced a significant upgrade to its Storm Copper Project resource, boosting contained copper by 20% and silver by 36%, with a Pre-feasibility Study due in Q1 2026.

VHM Limited has made significant strides in developing its Goschen Rare Earths and Mineral Sands Project, securing substantial funding and critical regulatory approvals while expanding its resource base.

Advance Metals has discovered a new shallow, high-grade gold vein structure near the historic Happy Valley Deposit in Victoria, with drill results confirming visible gold and assays up to 66.7g/t Au.

PC Gold Limited has reported impressive high-grade gold intersections and extensive visible gold in its latest drilling campaign at the Spring Hill Gold Project, signalling strong potential for resource upgrade and expansion.

Bayan Mining reports significantly enhanced rare earth element grades from follow-up surface sampling at its Desert Star Project in California, paving the way for drilling approval and further exploration.

QuickFee Limited reports flat Q2 FY26 revenue with a 4% rise in H1, completes a significant capital return, and sets a positive outlook with new US reseller partnerships.

Stavely Minerals has reported promising reconnaissance drilling results at its Freddy’s Find Prospect in western Victoria, revealing multiple gold-silver zones within a large hydrothermal breccia system. These findings reinforce the potential for a significant epithermal discovery.

Ariana Resources has reported promising assay results from its latest drilling campaign at the Tavşan Mine in Türkiye, revealing significant gold and silver intercepts that point to resource expansion and enhanced project longevity.

GoldArc Resources’ maiden RC drilling at Leonora South reveals promising high-grade gold mineralisation at Woodpecker, Whistler, and Niagara West, validating its exploration strategy and setting the stage for a major follow-up campaign.

Vault Minerals delivered a robust December quarter with 76,520 ounces of gold produced and significant progress on its King of the Hills processing plant expansion, positioning the company for higher throughput and full exposure to gold prices after closing its hedge book.

WIN Metals has reported promising shallow gold mineralisation at its Radio Gold Project in Western Australia, reinforcing plans for a potential production restart in 2026. Key drill results and surface sampling confirm multiple near-surface targets across the project.

Kingfisher Mining has completed a strategic acquisition of 11 tenements in New South Wales and commenced drilling at the Copper Blow IOCG prospect, while advancing rare earth element exploration in Western Australia.

Nova Minerals’ 2025 drilling at the Korbel Gold Deposit in Alaska reveals a near-surface higher-grade core, supporting a pilot starter pit and promising cost efficiencies through ore sorting.

Ragnar Metals has identified four promising new gold exploration targets at its Harnäs Project in Sweden through reprocessed geophysical data, setting the stage for a maiden drilling campaign in early 2026.

Everest Metals Corporation, in partnership with Edith Cowan University, has won a $490,500 grant to accelerate its innovative rubidium extraction technology at the Mt Edon project, positioning Australia to establish its first sovereign rubidium supply.

Belararox Limited has completed its inaugural diamond drill hole at Toro Central within the TMT Project in Argentina, intersecting extensive sulphide mineralisation and confirming a key geophysical target. A second drill hole is underway, aiming to extend promising silver, copper, and zinc mineralisation identified in historic drilling.

Pointerra Limited reported a 30% increase in customer receipts to A$2.6 million and positive operating cashflows in Q2 FY26, driven by major contracts including a US$2 million DOE grant with Georgia Power. The company’s digital twin SaaS platform continues to expand across key sectors, positioning it for sustained growth.

Wia Gold advances its Kokoseb Gold Project with a Definitive Feasibility Study on track for completion in late 2026, supported by strong drilling results and strategic divestment of Côte d’Ivoire assets. Leadership changes signal a new phase for the company.

Elevate Uranium Ltd has completed a $25 million capital raising and is nearing steady state operations of its U-pgrade pilot plant in Namibia, while expanding its uranium resource portfolio through extensive drilling and a strategic acquisition from Core Lithium Ltd.

Ordell Minerals has reported exceptional high-grade gold intersections at its Barimaia Gold Project in Western Australia, highlighting a shallow, open-pittable mineralisation zone. Drilling is set to resume in February 2026 to explore further extensions along a significant strike length.

Great Western Exploration has secured all permits to commence diamond drilling at the Oval Copper-Gold Targets in March 2026, aiming to test a potentially large VHMS copper-gold system akin to the nearby DeGrussa deposit.

Mercury NZ Limited reported a robust quarter with high hydro inflows driving down electricity prices and the commissioning of a new geothermal unit set to enhance generation capacity.