Latest Australian Resources News

MLG Oz Ltd has announced three new and extended contracts with major mining companies, collectively expected to generate around $20 million in annual revenue. These include a five-year extension at Gruyere, a multi-site mobile crushing contract with Northern Star, and a civil construction project with Endurance Mining.

Coppermoly Limited has expanded its Australian footprint by acquiring the Wyemandoo Project in Western Australia, adding high-grade critical minerals to its portfolio. The acquisition enhances exploration potential across a combined 1,805 square kilometres in WA and Queensland.

WAM Leaders Limited has delivered strong portfolio gains and increased its fully franked interim dividend, reflecting robust operating profits and strategic market positioning.

Westar Resources outlines ambitious 2026 exploration plans across Western Australia and the Northern Territory, focusing on gold and base metals with new drilling and sampling programs.

Western Mines Group has revealed a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, boasting 5.3 million tonnes of contained nickel and ranking among the world’s top 10 deposits.

Tungsten Mining NL has launched a Project Economic Evaluation to explore accelerated development of its Watershed Project, leveraging existing approvals to potentially fast-track production in a tightening tungsten market.

Gorilla Gold has dramatically expanded its Comet Vale gold resource by 900%, boosting its Western Australian portfolio to 1.5 million ounces and securing $31.7 million in fresh capital to accelerate development.

Australian Critical Minerals has raised $3 million through a heavily oversubscribed placement to fund maiden drilling at its promising Flint Gold-Silver Project in Peru.

Alliance Nickel reported a $769,000 placement and a $422,000 R&D tax refund while progressing its NiWest Nickel-Cobalt Project, despite renegotiating its Stellantis offtake agreement due to market shifts.

VBX Limited’s latest metallurgical optimisation for the Wuudagu bauxite project reveals significant improvements in product recovery and quality, paving the way for increased production capacity and reduced operational costs.

Tungsten Mining has successfully raised $53 million through a heavily oversubscribed placement, positioning itself to advance its critical tungsten projects amid rising commodity prices.

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.