Latest Mineral Resource News

Manuka Resources has drawn down a US$26 million tranche of a US$30 million debt facility, exited care and maintenance at Wonawinta, and signed a major mining contract as it targets production restart in late Q2 2026.

Cavalier Resources has boosted the net present value of its Stage 1 Crawford Gold Project by 50% to A$77.2 million in an updated Pre-Feasibility Study, despite rising costs. The company secured a US$18.7 million gold sale agreement and raised $4 million to fund pre-production activities.

GoldArc Resources has secured full ownership of Mt Stirling and launched partner-funded drilling campaigns across its Leonora North and South projects, delivering multiple high-grade gold results and locking in a binding development deal with Mineral Mining Services.

Dart Mining NL reported standout high-grade gold, silver, and antimony results from its Queensland projects, alongside key acquisitions and asset sales, as it advances towards a maiden resource estimate at Coonambula.

Horseshoe Metals has unveiled a new copper Exploration Target of up to 3.6 million tonnes at its Motters Zone, while advancing Direct Shipping Ore operations supported by strong copper prices and precious metals credits.

Cobre Limited has secured majority control of the Sierra Atacama Copper Project in Chile through a $60 million capital raise, marking its transition from explorer to producer. The company plans extensive drilling and operational upgrades to boost production and resource confidence.

Zenith Minerals has reported a significant milestone with a maiden 675,000-ounce JORC Inferred Mineral Resource at its Consolidated Dulcie Gold Project, alongside deep drilling success at Red Mountain that extends mineralisation beyond 700 metres.

Astron Limited has updated its Donald Rare Earth and Mineral Sands Project with a refreshed Bankable Feasibility Study showing a pre-tax NPV8 of AUD 759 million, strengthened Indigenous agreements, and a targeted Final Investment Decision in Q2 2026.

Emmerson Resources is set to be acquired by Pan African Resources for approximately A$311 million, offering shareholders a 36% premium. The company also advances a government-backed feasibility study for a shared processing facility and begins royalty revenue inflows.

Mount Ridley Mines has reported a substantial inferred mineral resource for heavy rare earths and scandium at its Western Australian project, underpinning its multi-element development strategy.

Breakthrough Minerals has completed its full acquisition of the North Queensland Copper-Gold Project, securing a substantial resource base and initiating a drilling campaign at Barbara, signalling a new phase of exploration and development.

Terrain Minerals has completed major drilling campaigns across its flagship Lightning gold project and critical metals targets, setting the stage for a maiden resource estimate and advancing metallurgical studies on gallium and rare earth elements.