Latest Diamonds News

Killi Resources has received regulatory approval to launch a major drilling campaign at its newly acquired Lodestone iron ore project, aiming to expand and upgrade a 110Mt inferred resource with a high-purity magnetite concentrate.

Catalyst Metals has nearly doubled the Trident underground gold resource to 1.1 million ounces at a robust 5.4g/t grade, underpinning a 10-year mine plan targeting 60,000 ounces annually from 2027.

Encounter Resources has kicked off a 3,500-metre dual drilling campaign at its Yeneena Copper Project, aiming to extend known high-grade copper mineralisation along the Parbo system and complete a diamond hole at Haddon. Results are due in August 2026.

IFM Global Infrastructure Fund has increased its holding in Atlas Arteria to over 40%, maintaining a final takeover offer of A$5.10 per security. Meanwhile, Atlas Arteria's independent directors continue to recommend rejecting the bid, targeting higher distributions and exploring asset sales including the Warnow Tunnel.

EV Resources has unveiled a maiden Exploration Target at its Los Lirios Antimony Project in Mexico, estimating up to 166,000 tonnes of contained antimony across three zones. Phase 1 drilling confirmed shallow, continuous carbonate replacement mineralisation, while high-grade feeder zones await further testing.

Raptor Metals has delivered further high-grade copper and polymetallic assay results from its Chester Project in Canada, confirming a large-scale stacked VMS system and extending mineralisation over 2.5km. These findings enhance the geological model and support resource growth potential.

Lachlan Star has confirmed shallow, high-grade gold mineralisation at New Waverley, prompting an expanded 4,000m drilling program to test extensions and increase density along a mineralised shear corridor open in all directions.

Sentinel Metals has successfully completed its first diamond drill hole at the Columbia Gold-Silver Project, intersecting a hydrothermal breccia zone beneath the historically targeted oxide horizon, validating a geophysical conductor and opening new exploration avenues.

QMines Limited wraps up its extensive Mount Mackenzie drilling campaign, confirming deeper and structurally complex high-grade gold zones and advancing resource estimation at North Knoll Core.

Osmond Resources has expanded the high-grade heavy mineral zone at its Orión EU Critical Minerals Project in Spain, with drill hole SOR-08 intersecting key quartzite layers 1.25km from prior discoveries. This development supports the maiden Mineral Resource Estimate and keeps the company on track for a Q3 2026 Scoping Study.

Ballard Mining’s latest drilling at the Baldock deposit pushes high-grade gold mineralisation well beyond its current resource, hinting at a major resource uplift at Mt Ida.

Austral Gold has confirmed significant silver-gold mineralisation across multiple veins at its Juncal Project in Chile, setting the stage for its first-ever drilling campaign.