Latest Australian Minerals News

Parbo Resources has completed a $5 million IPO raise ahead of a proposed ASX listing, giving the pre-revenue explorer fresh funding for its Western Australian projects. Its FY2026 accounts show a $187,285 loss, $2.29 million in cash at year-end and $1.31 million in capitalised exploration assets.

WAM Income Maximiser posted a robust 19.2% investment portfolio gain in FY2026, outperforming its benchmark by 13.4%, while raising fully franked dividends and launching a new entitlement offer to fuel further growth.

CZR Resources Ltd (ASX:CZR) has launched an all-scrip off-market takeover bid for Zuleika Gold Limited (ASX:ZAG), offering 0.1742 CZR shares per Zuleika share, valuing Zuleika at approximately $44.8 million and representing a premium of over 40% to recent prices.

GR Engineering Services has locked in a $275 million EPC contract for the Yitirrti Copper-Silver-Zinc Project, reinforcing its position as a leading Australian minerals processing contractor.

Miramar Resources has received a A$238,456 refundable R&D tax offset for FY2025, supporting innovative exploration techniques at its Whaleshark and Bangemall projects. This non-dilutive funding strengthens the company’s cash position ahead of planned drilling and surveys.

Critica Limited is progressing its Jupiter and Mt Lindsay projects with key resource updates, metallurgical breakthroughs, and strategic partnerships, targeting Scoping Study completion in Q3 2026.

Newmont Exploration has kicked off a fully funded diamond drilling campaign at Koonenberry Gold’s Junee JV, targeting a large gold-in-soil anomaly at the Allawah Prospect with results expected late 2026.

GR Engineering Services has locked in a $110 million EPC contract with Brightstar Resources for the Laverton Processing Plant, reinforcing its leadership in Australian minerals processing projects.

White Energy has inked a non-binding term sheet to acquire coal assets in Alabama and Queensland, backed by a $15 million capital raise and planned board reshuffle.

GR Engineering Services has locked in a $229 million EPC contract with Genesis Minerals to deliver the Tower Hill Gold Project, cementing its role in a 3.5-4.0Mtpa gold operation near Leonora.

Northern Star Resources is preparing for a leadership change as Managing Director Stuart Tonkin announces his intention to step down in the first quarter of FY27 after 13 years at the helm. The Board has initiated a global search to find his successor.

Kincora Copper has accelerated exploration across its Australian and Mongolian assets, leveraging new AI and quantum technology partnerships alongside partner-funded drilling, while reporting a modest net income and a strong cash position in Q1 2026.