Latest Native Mineral Resources (ASX:NMR) News

Native Mineral Resources has produced 313.6oz of gross doré in its latest Blackjack smelt, with preliminary laboratory assays indicating about 157.4oz of contained gold. Mining is scheduled to resume at Mid Pit and Podosky as the company prepares for final refinery results and North Pit drilling updates.

Rare earths, scandium and biotech stocks led the week’s gains, while a rights issue sent Green & Gold Minerals sharply lower. Large capital raisings, mine funding and takeover activity kept resources at the centre of investor attention.

Critical minerals led the market, with Australasian Metals doubling after taking an option over West African lithium projects. Rare earth technology, scandium finance and gold drilling also drew attention, but many developers fell as investors questioned funding and delivery.

Native Mineral Resources has produced 340.9 ounces of doré in its latest Blackjack smelt, while more than 815,000 tonnes of material has been moved across two active pits. The latest bars still require assay and refinery results before their gold contribution is known.

Native Mineral Resources has told ASX it is unaware of any undisclosed information behind recent trading in its shares. The company pointed to record August gold output, a Citigold joint venture, Blackjack drilling results and stronger gold prices instead.

Native Mineral Resources (ASX:NMR) has reported robust initial assay results from its North Pit drilling at Blackjack, Queensland, highlighting significant gold mineralisation with broad high-grade intervals.

Exploration results, project funding and takeover activity drove another busy week across Australia’s materials market.
Investors rewarded new production plans and strong drill results, but several small-cap gaps quickly lost ground.

Native Mineral Resources (ASX:NMR) has secured exclusive rights to explore and potentially mine four tenements near its Blackjack operation through a joint venture with Citigold (ASX:CTO). The staged agreement allows NMR to assess mineralisation before deciding on mining, with cost recovery and profit sharing structured to align both parties.

Native Mineral Resources (ASX:NMR) hit a new monthly gold production record of 1,080.5oz in August 2026 at its Blackjack operation, driven by a 50% rise in milling throughput and a 27% increase in head grade.

Rare earths and uranium stocks led a broad resources rally, while gold companies combined record profits with larger reserves and dividends. Yet strong company news did not guarantee a rising share price, with several materials groups falling despite better earnings or project progress.

Native Mineral Resources is on track to surpass 1,000 ounces of gold production in a single month for the first time at its Blackjack operation, backed by a strong August smelting run and advancing multi-pit development.

Small explorers led the ASX week, with Lachlan Star, EcoGraf and Basin Energy recording the biggest gains on new drilling, offtake and exploration news.
Takeovers, capital raisings and strong company results also drew attention, although several large stocks fell despite reporting better earnings.