Latest Mineral Resources News

Sunshine Metals has raised $5 million through a placement to fast-track exploration at its Sybil epithermal gold targets and advance the Liontown gold study within its Ravenswood Consolidated Project.

Prospect Resources has identified a significant new shallow copper target at its West Mwombezhi prospect in Zambia, with diamond drilling now underway to test promising early results.

Aurum Resources has inked a deal to acquire a significant stake in Major Star Plus Sarl, expanding its gold exploration footprint around its flagship Boundiali and Napié projects in Côte d'Ivoire. The staged earn-in agreement offers Aurum up to 87% interest in key permits, setting the stage for accelerated exploration and potential resource growth.

Fenix Resources has locked in exclusive 30-year mining rights over a 290 million tonne iron ore resource at the Weld Range Project, significantly extending its mine life and production capacity. This strategic partnership with Sinosteel Midwest and Baowu Steel Group positions Fenix for ambitious growth in Western Australia's Mid-West.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.

Native Mineral Resources has released a JORC 2012-compliant update to its Granite Castle gold-silver resource, outlining 64,500 ounces of gold and 1.24 million ounces of silver. This milestone sets the stage for accelerated development near its existing Blackjack operations in Queensland.

Genesis Minerals has more than doubled its FY26 exploration budget to A$40-50 million, driven by promising drilling results at its Leonora and Laverton gold assets. Recent assays reinforce the company’s strategy of organic growth supported by resource expansion near existing processing infrastructure.

RTG Mining’s 2025 drilling campaign at the Chanach Copper-Gold Project reveals multiple high-grade copper and gold intercepts beyond the existing resource base, underscoring the project’s significant expansion potential.

High-Tech Metals has secured a binding mining agreement with SSH Mining to advance the high-grade Wagtail Gold Deposit, enabling near-term production with minimal capital risk.

Encounter Resources has confirmed a significant 1.5km extension to its Green Niobium-REE deposit, delivering thick, high-grade niobium intersections that bolster the project's growth potential.

Dreadnought Resources has reported outstanding high-grade gold intercepts from recent infill drilling at the Star of Mangaroon, poised to significantly enhance the project’s resource and economics. With further assays pending and a new drilling campaign imminent, the Mangaroon Gold Project is gaining momentum.

Black Canyon Limited has completed Phase 3 drilling at its Wandanya Project, confirming continuous manganese mineralisation along a 3km strike and identifying extensive iron mineralisation nearby.