Latest Mineral Resources News

Orbminco Limited has announced a significant update to its Majestic North Gold Project resource, increasing contained gold ounces by 127% and highlighting a high-grade domain that could accelerate mining plans.

Verity Resources has confirmed continuous gold mineralisation over approximately 7 kilometres of the Monument trend in Western Australia, highlighting promising new prospects and supporting plans for an updated resource estimate.

Desert Minerals has launched a targeted drilling campaign at its Scotty Lithium Project in Nevada, aiming to define near-surface lithium mineralisation and support a maiden resource estimate. The project sits in a prolific lithium district adjacent to one of North America’s largest lithium deposits.

Minerals 260 secures Foreign Investment Review Board approval, enabling Franco-Nevada to complete a $220 million funding package that accelerates development of the Bullabulling Gold Project.

LCL Resources has secured a transformative farm-in deal with Rio Tinto, which could see the mining giant earn up to an 80% stake in the promising Ono Project through substantial exploration funding and milestone payments.

Arcadia Minerals reports the expiry of its exclusivity period with Hongkong Xinhai Mining Services for the Swanson Tantalum Project, as Xinhai continues its review focusing on mining cost clarifications before advancing negotiations.

Alligator Energy has initiated uranium extraction at its Samphire Uranium Project, marking a key milestone as initial uranium concentrations are detected during the Field Recovery Trial.

Brightstar Resources has completed a $313 million funding package, fully financing its Goldfields Project to production and advancing the Sandstone Project towards a final investment decision.

Impact Minerals has identified substantial sulphate clay deposits at its Salmon Gums Project, defining an Exploration Target of up to 4.3 million tonnes with significant potash content, advancing plans for fertiliser and acid production.

Clara Resources has agreed to sell its Kildanga nickel-cobalt project for up to $1.75 million, marking a strategic shift to focus on its Mareeba gold exploration in Queensland.

Hammer Metals reports encouraging copper and zinc mineralisation from recent drilling at its Bullrush Joint Venture and Isa Valley earn-in projects in NW Queensland, signalling potential for significant resource growth.

Ramelius Resources has withdrawn forward-looking financial statements based on a high gold price assumption, issuing a revised investor presentation that reaffirms its strong production growth and shareholder return plans through to FY30.