Latest Mineral Resources News

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.

AKORA Resources has successfully completed a $2.9 million capital raise and commenced a trenching program at its flagship Bekisopa Iron Ore Project in Madagascar, reinforcing strong local and governmental support as it progresses towards production.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.

Strickland Metals has reported a significant shallow copper-gold intercept at its Copper Canyon Deposit in Serbia, highlighting the deposit’s growing importance within the Rogozna Project. The company’s ongoing drilling campaign aims to expand resources and advance development plans.

LinQ Minerals reports standout maiden drilling results at its Gidginbung Gold Project, revealing significant high-grade gold and copper mineralisation that could reshape the Gilmore Project’s prospects.

Ariana Resources has commenced heap-leach operations at its Tavşan Mine in Türkiye, marking a significant step toward sustained gold production and enhanced revenue streams.

Everest Metals Corporation has expanded its Revere Gold Project by acquiring the Armstrong tenement, unveiling promising gold mineralisation ahead of its maiden resource estimate.

Helix Resources reports metallurgical testwork results from its Gold Basin oxide-gold project in Arizona, revealing excellent gold recoveries and supporting low-cost heap-leach development potential.

Haranga Resources has validated exceptional high-grade gold mineralisation at its Ibel South Gold Project in Senegal through detailed single metre assays, setting the stage for an ambitious 3,000-metre follow-up drilling campaign.

Globe Metals & Mining has raised $8.67 million through a strategic two-tranche placement, strengthening its financial position to advance the Kanyika Niobium Project towards substantial mining operations and final investment decision.

St Barbara Limited has secured approximately A$58 million through an institutional placement to fund its Simberi Expansion Project and advance the 15-Mile Processing Hub in Nova Scotia. This capital raise supports the company’s growth ambitions amid ongoing regulatory and operational developments.

EV Resources has entered a binding agreement to sell its Khartoum Project to Koba Resources for $700,000 cash plus a royalty, marking a strategic pivot towards its antimony assets and US critical minerals ambitions.