Latest Mineral Resource And Ore Reserve News

Greatland Resources posted a robust half-year profit of $342.9 million, driven by full ownership of the Telfer mine and a strong operational ramp-up. The Havieron feasibility study confirms a world-class gold-copper project, setting the stage for future growth.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

St Barbara Limited has increased its gold Mineral Resources by 1 million ounces to 7.9 million ounces as of December 2025, while reporting silver Mineral Resources and Ore Reserves for the first time at its Simberi Operations.

Elevra Lithium reported solid Q2 FY26 production and revenue results while progressing its North American Lithium brownfield expansion and forging strategic supply partnerships.

Lunnon Metals reports robust drilling results at Lady Herial, confirming significant high-grade gold mineralisation beyond current open pit plans and signalling potential for an expanded mining footprint.

Felix Gold Limited has confirmed significant extensions to gold mineralisation at its NW Array prospect in Alaska's Treasure Creek, with high-grade assay results and broad gold halos around antimony veins. The mineralised system remains open for further expansion, supporting the company's dual-commodity strategy.

Northern Star Resources delivers robust half-year financials, confirming the integration of De Grey Mining’s Hemi Project and nearing completion of the KCGM mill expansion.

Aeris Resources has reported promising high-grade gold intersections from initial drilling at its Golden Plateau deposit, signaling potential to extend the Cracow mine's life significantly.

West African Resources has reported significant diamond drilling results extending high-grade gold mineralisation well below its current resource at Sanbrado, Burkina Faso, setting the stage for a major resource update in Q2 2026.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Ballard Mining reports strong early 2026 drilling results at its Baldock deposit within the Mt Ida Gold Project, underpinning a major resource expansion and a maiden Ore Reserve due mid-year.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.