Latest Mineral Reserves News

Osmond Resources reported a A$7.61 million FY26 loss and warned of a material uncertainty over its ability to continue as a going concern, despite holding A$5.50 million in cash. The company is betting its Spanish Orión project can move from exploration into a resource estimate and scoping study in the coming months.

Hot Chili has reported a 398-metre copper-gold intersection from surface at its La Verde discovery in Chile, including 62 metres at 0.91% CuEq. The results extend the case for a higher-grade starter pit, but the project remains an exploration discovery with no Mineral Resource declared.

Larvotto Resources has delivered strong assay results from Clarks Gully drilling, revealing multiple high-grade gold-antimony-tungsten zones and expanding the deposit's footprint at depth and southwards.

Elevra Lithium's Pre-Feasibility Study for the North American Lithium (NAL) brownfield expansion in Québec outlines a staged growth plan nearly doubling spodumene concentrate production to 373 ktpa by 2029, reducing unit costs and delivering a post-tax NPV of C$3.2 billion.

Kingsgate Consolidated delivered a record FY2026 net profit of $278 million, driven by strong gold and silver output at Chatree and a $68.6 million impairment reversal at the Nueva Esperanza project, while declaring a 10 cent final dividend.

Palisade Metals has boosted its Finley Basin Tungsten Project landholding by 87% to over 696 hectares, setting the stage for maiden drilling in Q3 2026 aimed at validating historical tungsten mineralisation in Montana.

Jade Gas Holdings has lodged its initial Plan for Development of Operations and secured approval for a substantial 502 km² production licence area, marking pivotal steps towards commercialising Mongolia’s first coal bed methane project.

BHP Group Limited’s 2026 US Annual Report (Form 20-F) filed with the SEC details robust production across key assets, disciplined capital allocation, and advances in sustainability and leadership transition.

Orezone Gold Corporation’s latest drilling at Bomboré reveals significant extensions and high-grade zones, setting the stage for a material resource and reserve upgrade expected in early 2027.

Vertex Minerals has initiated mechanised longhole stoping at its Reward Gold Mine, targeting narrow, high-grade veins to boost productivity and reduce dilution, with early results showing promising gold grades.

Austral Gold lifted Guanaco production by 17% in Q2 2026, cut unit costs, and filed a new technical report extending mine life to 2040 with a US$192 million NPV. Toll processing at Casposo added US$5.9 million in fees, while exploration advanced in Chile and Argentina.

Quantum Graphite has cemented a two-decade exclusive ore supply agreement with Sunlands Pure Group, consolidating its downstream processing and refining operations. The company also secured environmental approvals for Sunlands Pure’s Oman refinery and kicked off detailed engineering for its Uley 2 project.