🔥 Thursday 9 July 2026 Thu, 9 July 2026

Impact Minerals’ JV partner Kuniko has kicked off Phase 2 diamond drilling at the Commonwealth-Silica Hill Project in NSW, aiming to expand newly discovered high-grade gold-silver zones. The initial 1,300m program follows a 100% success rate in Phase 1 and sets the stage for a resource upgrade in late 2026.

Cobre Limited has secured A$90 million through a two-tranche placement to boost production and exploration at its Sierra Atacama copper mine while strengthening its balance sheet.

Renascor Resources' cost study estimates its hydrofluoric acid-free purification method can produce battery-grade graphite at about US$459 per tonne, positioning it as a competitive ex-China alternative to conventional HF-based processes.

Meteoric Resources has surged its Measured Resources by 246% to 128 million tonnes at its Caldeira Rare Earth Element Project in Brazil, significantly de-risking the upcoming Definitive Feasibility Study and underpinning future development plans.

Right Resources Limited has raised A$2.7 million through a placement anchored by major shareholders, including directors, to fund drilling and exploration across its Tumbarumba and New England projects.

Oceana Metals has confirmed extensive high-grade rare earth mineralisation at its Serra Negra project in Brazil, with assays revealing grades over 4% TREO across thick intervals. A 20,000m diamond drill program is set to start soon, targeting a maiden resource estimate.

Arafura Rare Earths has wrapped up the second tranche of its A$350 million placement, issuing over 671 million shares and raising A$174.5 million. The company is also finalising its share purchase plan with results due next week.

Golden Deeps is launching a deeper diamond drilling campaign at its Graceland Prospect in Namibia, targeting high-grade copper-silver-zinc-germanium sulphide zones identified by geophysical surveys beneath known gossans.

Evergold Minerals extends its 2026 drilling success at Duchess of York with high-grade gold intercepts and broad mineralisation from surface to over 100m depth, reinforcing its exploration model at Mt Monger.

Unico Silver has secured permanent ownership of over 10,000 hectares critical to its Joaquin silver-gold project, replacing a limited mining easement and reducing development risk ahead of its Pre-Feasibility Study.

Archer Materials made significant strides in quantum chip fabrication and quantum neural network fraud detection, while progressing its Biochip beta prototype. A $7 million placement post-quarter strengthens its financial position to accelerate development and commercialisation.

Broken Hill Mines (ASX: BHM) posted its highest quarterly ore throughput since 2020, powered by the Pinnacles Mine restart and a multi-source ore feed strategy advancing plant utilisation and production growth.

Astral Resources reports strong assay results from infill drilling at Theia, underpinning resource upgrades and de-risking early Mandilla mine development near Kalgoorlie.

Synertec’s Powerhouse platform has been selected by Amplitude Energy to optimise power at the Orbost Gas Processing Plant, marking a strategic step into large-scale industrial energy solutions.

Lodestar Minerals’ latest drilling at Ned’s Creek delivers strong high-grade gold intersections, underpinning its 250,000-300,000 oz Exploration Target and setting the stage for a maiden resource estimate in 2026.

Victory Metals advances its North Stanmore project by sending heavy rare earth concentrate to potential offtake partners and expanding its ore reserve through updated geological classification.

Element 25 is pushing ahead with its Butcherbird manganese mine expansion in Western Australia and developing a first-of-its-kind US high-purity manganese sulphate facility, backed by major OEM partnerships and a US$166 million DOE grant.

Larvotto Resources has moved decisively to secure the Blockade Copper Mine near Mt Isa, Queensland, following due diligence drilling that confirmed robust, continuous copper mineralisation. The acquisition positions Larvotto to accelerate its push towards near-term copper production in a region with established infrastructure.

Odyssey Gold’s Stage 1 Scoping Study for the Tuckanarra Project outlines a low-capital, high-margin open-pit mining operation producing 79,000 ounces of gold over 29 months with pre-tax cashflows of A$180 million at A$6,000/oz gold price.

EQ Resources delivered its strongest quarterly tungsten output since early 2024, alongside record sales driven by higher prices and volumes, despite some operational hiccups in Spain.

Cyprium Metals has identified significant oxide copper mineralisation across a large section of the Nifty waste dump, potentially adding a low-cost feed source for its heap leach and SXEW operations as it advances the copper complex restart.

Viridis Mining has boosted the Colossus Project's high-confidence rare earth resource, underpinning debt financing and advancing toward production.

TG Metals' recent drilling at Van Uden reveals extensive near-surface laterite gold mineralisation beyond existing resources, underpinning a promising heap leach development with low capital costs and high recoveries.

Sunrise Energy Metals pushed forward its Syerston Scandium Project with key permitting, FEED study progress, and a Concept Level Study for tripling scandium oxide output. The company also made a strategic US$5 million investment in Agni Semiconductor, signalling a pivot into downstream scandium-enabled technologies.