Latest Australian Resources News

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.

North Stawell Minerals (ASX:NSM) has reinforced its position in Victoria’s gold scene with strong drilling results and an updated 87,300-ounce resource at Wildwood, leveraging advanced geophysical techniques to unlock potential beneath cover.

Benz Mining reports strong metallurgical test results from the Icon deposit, showing up to 95.5% gold extraction within 24 hours and potential for broader mineralised halo to contribute to mill feed.

Great Plains Metals has secured a 51% interest in Godolphin’s Yeoval and Goodrich copper-gold projects and is moving to increase its stake to 70%, committing another $1 million in exploration. Godolphin will continue as operator while drilling progresses, with assay results due by mid-July.

Infinity Metals has submitted a drilling approval request for its 100% owned Yambacoona Tin Project in NSW, aiming to test promising geophysical targets amid a booming tin market.

VanEck Investments Limited has issued a comprehensive Replacement Product Disclosure Statement for eight of its Australian ETFs, detailing investment strategies, fees, risks, and operational protocols under ASX AQUA Rules.