Latest Australian Resources News

Zuleika Gold recommends shareholders accept CZR Resources’ off-market takeover offer, which values Zuleika’s mineral assets at a preferred $6.1 million. The independent expert deems the offer not fair but reasonable.

Accelerate Resources has identified over 200 manganese outcrops spanning nearly 10 hectares at its Woodie Woodie North Project, with rock-chip assays hitting up to 58.4% manganese. The company is gearing up for its maiden reverse circulation drilling campaign in September 2026.

Avira Resources has confirmed strong high-grade gold mineralisation continuing at depth at its Mt Cattlin Gold Project in Western Australia, with standout assay results from its maiden RC drilling program at Maori Queen. The company plans further drilling to test extensions and new prospects from September 2026.

Omega Oil & Gas has kicked off its most ambitious drilling program yet in Queensland’s Taroom Trough, starting with the Canyon-3 well as part of a fully funded 2026/27 appraisal campaign targeting significant unconventional oil and gas resources.

Volt Group has delivered a record $5.1 million in half year revenue receipts for HY26, more than doubling prior year results, driven by strong contributions from its 4D Delta acquisition and solid performances across Wescone and EcoQuip.

MGX Resources is accelerating development at its Central Tanami gold project with underground exploration and resource drilling, while monetising Koolan Island through a $20.2 million sale plus future revenue share, bolstering its cash reserves.

Buxton Resources’ initial drilling at the Madman Project has intersected hydrothermal breccia with increasing sulphide content, including pyrrhotite that explains the site’s magnetic anomaly, bolstering hopes for a significant gold-copper system.

Mount Ridley Mines has extended the high-grade scandium footprint at its Block 2 Resource with Phase 1 re-assay results, revealing significant mineralisation beyond current resource limits and setting the stage for resource growth.

An independent review spotlights high-priority basal contact copper-nickel-PGE targets at GreenTech Metals’ Munni Munni project, setting the stage for imminent geophysical surveys and drilling.

Godolphin Resources is launching an IPO for Matrix Critical Minerals to unlock value in its Narraburra Rare Earths Project, targeting a $8-12 million raise and ASX listing in H2 2026.

Avira Resources has appointed Andrew van Bentum as CEO, bringing over 25 years of expertise to lead its gold and base metals exploration strategy across Western Australia and Sweden.

Smartshares Limited’s annual report for the year ending 31 March 2026 details mixed fund unit movements, notable management changes, and key investment manager transitions within its suite of Exchange Traded Funds.