Latest Australian Mining Sector News

AngloGold Ashanti has begun exploration drilling on Matsa Resources’ Lake Carey tenement, signalling strong interest in the region and setting the stage for 2026 exploration activities.

AIC Mines has successfully accessed the Jericho copper deposit underground, confirming key geological models and reducing technical risks. This milestone accelerates plans to expand copper production at the Eloise mine in Queensland.

Koba Resources has secured $4.35 million to advance exploration at its newly acquired Stannary Hills and Mt Garnet tin-tungsten projects, with drilling scheduled to begin in late Q1 2026. The company also plans to recommence uranium drilling at its Yarramba Project in February, following promising high-grade intercepts.

Resources & Energy Group Limited (REZ) has kicked off a new drilling campaign at its East Menzies Gold Project, backed by a $2 million capital raise, aiming to expand its mineral resources and advance towards production.

Toro Energy shareholders are set to gain exposure to a diversified uranium portfolio through IsoEnergy’s acquisition offer at a near 80% premium, while Toro advances its Wiluna Uranium Project amid strong market tailwinds.

ACDC Metals has reported encouraging mineralogy results from its Goschen Central Rare Earth Elements project, reinforcing its strategic value amid rising geopolitical interest. The company maintains a solid cash balance to support ongoing development and exploration activities.

Great Southern Mining Limited reported significant gold intercepts from its Western Australian and Queensland projects during the December 2025 quarter, alongside securing up to A$337,500 in government co-funded drilling grants.

Infinity Metals has completed drilling at its Cobungra Gold-Copper-Silver Project in Victoria, confirming mineralisation over a 2km strike, while awaiting regulatory feedback on its San Jose Lithium Mining Licence Application in Spain.

Cullen Resources Limited has outlined an active exploration agenda for early 2026, advancing drilling programs across its gold and base metal projects in Western Australia and Finland while maintaining a stable financial footing.

Nexus Minerals Limited reports significant progress at its Wallbrook Gold Project with high-grade drill results across multiple prospects and advancing permitting for Crusader-Templar. The company is positioning Wallbrook as an emerging gold camp with promising growth potential.

Ardea Resources has made disciplined progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, supported by renewed Major Project Status and full funding from a Japanese consortium. Completion is on track for mid-2026 amid robust resource updates and strategic partnerships.

Patronus Resources has reported robust exploration results across Western Australia and the Northern Territory, highlighting significant gold and uranium discoveries that promise to expand its resource base. With a strong cash position, the company is well placed to advance its projects in 2026.