Latest Capital Development News

Alkane Resources delivered a transformational FY26 with a 590% surge in net profit to A$228.7 million, driven by its merger with Mandalay Resources and record gold equivalent production. The company declared its first fully franked dividend and confirmed solid FY27 guidance.

Green & Gold Minerals has swiftly advanced exploration at its newly acquired Herberton Conductor Metals Project, delivering impressive rock chip assays and completing drilling campaigns, while its Chillagoe Gold Project benefits from nearby mill ownership and expanded drilling capacity.

Mount Hope Mining’s initial metallurgical tests at Mt Solitary reveal an exceptionally high gold recovery rate exceeding 98%, confirming the deposit’s amenability to straightforward processing and opening potential low-capital development routes.

Alkane Resources capped FY26 with record production of 168,337 gold equivalent ounces and $174 million in quarterly cash flow, announcing a maiden fully franked dividend and setting robust FY27 guidance.

Kingfisher Mining has reported strong copper-gold assay results from its recent RC drilling at the Copper Blow IOCG prospect near Broken Hill, confirming wide, high-grade zones and extending mineralisation towards major faults. These results advance the project closer to a maiden resource estimate, supported by a processing deal with Broken Hill Mines.

Viking Mines has achieved a significant metallurgical breakthrough at its Linka Tungsten Project, boosting recovery to 76.0% with a 56.9% WO3 concentrate grade, surpassing previous targets and reinforcing a low-capex processing approach ahead of maiden drilling.

Brookside Energy has locked in Kenai Drilling’s Rig 18 for a two-well program at its SWISH Area of Interest in Oklahoma’s Anadarko Basin, aiming to maintain momentum in its core US operations.

Viking Mines reports a remarkable 16-fold increase in tungsten concentrate grade from initial gravity separation testwork at its Linka Project, setting the stage for a rapid, low-capital development pathway.

88 Energy Limited has significantly expanded its Alaskan North Slope acreage and progressed its farm-out strategy despite regulatory delays, while maintaining a solid cash position to support ongoing exploration.

Zenith Minerals has completed its largest drilling campaign at the Consolidated Dulcie Gold Project, confirming a significant gold resource potential and securing a $7.65 million strategic placement to accelerate development.

Broken Hill Mines has delivered a standout December quarter with record mining rates at Rasp Mine, strong exploration results, and a robust financial position, setting the stage for accelerated growth in 2026.

True North Copper has launched a right-sized Pre-Feasibility Study for its Cloncurry Copper Project following strong 2025 drilling results, aiming to refine resource estimates and optimise development plans ahead of a potential investment decision in 2026.