Latest Mineral Resource News

DPM Metals has lodged a detailed technical report updating the Mineral Resource and Reserve estimates for its Chelopech mine in Bulgaria, underpinning its strategic growth plans.

St George Mining has appointed Carla Grasso as Principal Geologist to spearhead mine planning at its Araxá Rare Earths-Niobium Project, following a major resource upgrade. This move signals a decisive step towards advancing economic studies and potential mining operations in Brazil.

ABx Group has discovered new high-extraction ionic rare earth zones at its Deep Leads project in Tasmania, accelerating the path to production within months of approval. This breakthrough enhances the project's commercial viability with rare earths critical for green technologies.

Far East Gold has reported significant assay results extending high-grade gold mineralisation at its Sua prospect in Papua, Indonesia, with a resource update imminent and further drilling planned.

Pantoro Gold is set to commence development of its third underground mine at the Norseman Gold Project early in FY27, targeting high-grade ore and production growth. The move follows strong drilling results and resource confidence, underpinning the company’s ambitious expansion strategy.

Magnetite Mines Limited (ASX:MGT) has been awarded Federal Major Project Status for its Razorback Iron Ore Project, unlocking government support as it advances multi-commodity exploration across South Australia. The company is progressing rare earth, copper, and gold programs while positioning Razorback for long-term green steel supply.

Neometals has upgraded the Ironclad gold deposit resource at its Barrambie Project to 15,000 ounces, with a significant portion now classified as Indicated, underpinning plans for near-term development.

Westgold Resources has approved a $145 million expansion of its Higginsville Processing Hub, increasing capacity by 62.5% and aiming to lift Southern Goldfields production by 60,000 ounces annually while cutting processing costs by nearly a quarter.

Caprice Resources has raised $12.74 million in a strongly supported placement to accelerate exploration drilling across its Murchison Gold Projects, positioning the company for a busy period of assay results and new targets.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Polymetals Resources has begun mining high-grade silver ore at its Endeavor mine, revealing silver grades significantly above expectations and initiating a direct shipping ore trial to capitalise on newfound value.

Vital Metals has reported exceptional rare earth element assay results at its Nechalacho project, revealing record grades and identifying six new exploration targets beyond the current resource. A 1000m drilling program is underway, supporting the project's district-scale potential.