Latest Mineral Resource News

Aurum Resources has announced a significant 49% increase in Indicated Mineral Resources at its Boundiali Gold Project in Côte d'Ivoire, lifting the total resource to 3.03 million ounces and setting the stage for a pivotal Pre-Feasibility Study.

Lefroy Exploration has achieved a major milestone with its first gold production from the Lucky Strike Gold Mine, shipping three gold doré bars to the Perth Mint. The initial toll milling campaign is progressing well, with further processing capacity negotiations underway.

PVW Resources has completed its acquisition of Southern Prospecting, gaining full ownership of the Cobb Creek Project in Nevada with a historical gold estimate of 173,000 ounces. The move marks a significant shift towards North American precious metals exploration.

Genesis Minerals has announced a recommended scheme to acquire Magnetic Resources for A$639 million, significantly expanding its gold resource base and advancing its ambitious ASPIRE 500 production goal.

Regis Resources reports robust underground Ore Reserve growth at the Tropicana Joint Venture, extending mine life and boosting confidence in future production. The latest figures reveal a 500,000-ounce increase since 2021, underscoring the asset’s world-class status.

New Frontier Minerals has identified significant exploration targets across 14 prospects in its NWQ Copper Project, with plans to advance the Big One Deposit towards production.

Deal headlines and big drill hits shared the stage with a brutal sell-off in a handful of tiny raisings. The week’s biggest winners were backed by clear news; the biggest losers showed what happens when buyers vanish after a halt.

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.

Kuniko Limited has raised A$3.75 million in a strongly supported placement to fast-track drilling and resource expansion at its Commonwealth Gold–Silver Project in NSW’s Lachlan Fold Belt. Phase I drilling is underway, with results expected in April 2026.

Recharge Metals Limited has inked a binding deal to acquire the Sunset Well Gold Project in Western Australia's Leonora district, featuring a 94,500-ounce inferred gold resource. The company has also secured $5.75 million in capital to kickstart drilling and exploration activities.

L1 Long Short Fund Limited has reported a robust turnaround with a $415 million net profit for the half-year ending December 2025, declaring a fully franked interim dividend of 3.6 cents per share.

Temas Resources has launched a major re-assay initiative on historic drill core at its La Blache project, aiming to identify valuable metals like gallium, scandium, and chromium while saving millions in drilling costs.