Latest Australian Mining Sector News

Antares Metals (ASX: AM5) reports exceptional surface gold grades up to 41.7 g/t at its Quinns project in WA, revealing three priority drill targets and fast-tracking maiden drilling plans.

SSH Group has finalised its acquisition of Elphinstone Mechanical Services, significantly boosting its industrial mining services and workforce capabilities across Western Australia and Queensland.

Gibb River Diamonds has released the results of its initial aircore drilling program at the Edjudina Gold Project, revealing gold mineralisation of lower than expected grades but confirming key target geology. Inclement weather cut the program short, prompting a follow-up Phase 2 drilling campaign.

Sheffield Resources has secured an additional US$10.15 million tranche on its senior loan facility for the Thunderbird Mineral Sands Mine, aimed at bolstering working capital. Ongoing negotiations to restructure debt add an element of financial uncertainty for the joint venture.

Evergold Minerals has kicked off a 3,000m reverse circulation drilling campaign at its Mt Monger Gold Project, aiming to confirm high-grade gold mineralisation at Duchess of York and test a newly defined intrusive-related target at Gladiator.

Leeuwin Metals has kicked off a 5,000m reverse circulation drilling campaign at its Marda Gold Project in Western Australia, aiming to expand its 342,300oz resource and test newly identified electromagnetic anomalies.

Novo Resources narrowed its Q1 2026 net loss to CAD 685K, boosted cash to CAD 10.6M following a $5.9M placement, and outlined aggressive gold and antimony drilling campaigns in Australia.

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

Develop Global has landed a substantial A$274 million underground mining contract at Core Lithium’s Finniss Project, marking a major shift from Bellevue Gold and boosting its lithium services portfolio.

High-Tech Metals has completed 700m of a planned 5,000m RC drilling program at Mt Fisher, aiming to expand its current gold resource by targeting high-grade shoots and extensions. Assay results for the first four holes are expected soon, following operational delays resolved by a contractor change.

Austral Resources has kicked off its 2026 drilling campaign with a standout 10m intercept grading 7.52% copper at the Snow Queen Prospect near its Rocklands facility, underpinning its strategy to build regional scale through satellite deposits.