Latest Costerfield News

Nagambie Resources has completed all conditions precedent following strong shareholder approval for an earn-in joint venture with Alkane Resources, enabling Alkane to acquire up to an 80% interest through staged funding over five years.

Alkane Resources delivered 45,776 ounces of gold equivalent in Q3 2026, boosted cash and bullion holdings to $362 million, and maintained its full-year production guidance amid stable operations.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

S2 Resources has identified significant gold-arsenic and gold-antimony soil anomalies at its Silver Spoon project in Victoria, signalling promising exploration potential near major regional mines.

Southern Cross Gold Consolidated Ltd has reported record-breaking high-grade gold and antimony intersections from its Sunday Creek project in Victoria, revealing a consistent and expanding mineral system at shallow depths.

Nagambie Resources has opened a discounted Share Purchase Plan aiming to raise $3.7 million to support diamond drilling at its Whroo Mines project and bolster working capital, following a strategic joint venture announcement with Alkane Resources.

Dart Mining NL has reported record assay results for gold, silver, and antimony from its ongoing drilling at the Banshee prospect in Central Queensland, extending mineralisation and advancing towards a maiden resource estimate.

Alkane Resources Limited reported a significant jump in Q2 2026 production and revenue following its acquisition of Mandalay Resources, reaffirming its full-year guidance amid strong operational performance.

Alkane Resources has reported record-breaking financial and operational results for the first half of FY2026, driven by strong gold and antimony production across its expanded three-mine portfolio. The company’s robust cash flow and profit position set a confident tone for meeting full-year guidance.

Alkane Resources Ltd has reported a remarkable half-year surge in revenue and profit, driven by its strategic merger with Mandalay Resources Corporation and soaring gold prices.

Novo Resources has significantly expanded the exploration target at its Belltopper Gold Project in Victoria, incorporating new reef discoveries and extensions that increase potential gold ounces by up to 54%. The company plans drilling in the second half of 2026 to further validate these promising findings.

Nagambie Resources has entered a binding joint venture with Alkane Resources to develop its significant antimony-gold discovery, backed by a $4 million capital injection and a clear path to production.