Latest Mineral Resources And Reserves News

Savannah Goldfields is on the cusp of restarting gold production at its Georgetown plant, backed by promising exploration results and a $15 million capital raise to fund growth and debt repayment.

Kaiser Reef Limited has reported strong gold mineralisation continuity and high-grade intercepts from its latest drilling at the Union Hill Open Pit, reinforcing the Maldon Gold Project’s growth potential.

Boab Metals has secured key environmental approvals and launched a $50 million capital raise to advance its Sorby Hills Lead-Silver-Zinc Project, marking a pivotal step toward production.

Westgold Resources kicked off FY26 with strong production and a $180 million underlying cash build, underpinned by a 24% rise in mineral resources and a confident three-year outlook targeting nearly 470,000 ounces of gold by FY28.

Northern Minerals Limited (ASX – NTU) has launched a $60.5 million equity placement to fund the development of its Browns Range Heavy Rare Earths Project in Western Australia, supported by strategic partnerships and conditional debt backing from Australian and US government agencies.

Perseus Mining reported steady gold production and cashflow growth in Q1 FY26, while progressing key projects including the CMA Underground and Nyanzaga development. The company also completed a CEO transition and renewed its share buyback program.

Pantoro Gold reported a solid Q1 FY2026 with 19,551 ounces produced despite operational hiccups, reaffirming full-year guidance and unveiling promising high-grade exploration results at Norseman.

Agrimin Limited has decided to withdraw from its Mackay Potash Project after a strategic review highlighted challenging market conditions and prohibitive holding costs. The company will now focus on other mineral opportunities in Western Australia.

Aeris Resources reported solid Q1 FY26 results with steady copper and gold production, disciplined cost management, and advancing divestment plans for non-core assets.

Ora Banda Mining Ltd reported a record September quarter with a 39% surge in gold production and a 37% rise in gold sales, underpinned by strong operational performance and exploration success.

Aurelia Metals reports a robust September 2025 quarter, with production and costs aligning to plan and key projects advancing ahead of schedule. Significant growth in copper resources and reserves underpins a confident outlook for FY26 and beyond.

Aurelia Metals reports a 12% increase in Mineral Resources and a 17% rise in Ore Reserves, driven by strong copper growth at its Peak Operation and the commencement of production at Federation Mine.