Latest Mineral Resources News

Fenix Resources has reported record iron ore shipments and updated its FY26 guidance, unveiling ambitious plans to expand production to 10 million tonnes per annum by 2031 while extending mine life to 2042.

Resolute Mining reported solid 2025 production and financial results, underpinned by strategic project developments in West Africa. The company’s updated Doropo feasibility study and robust cash position set the stage for significant growth in 2026.

PC Gold Limited reports promising high-grade gold intersections and extensive visible gold in recent drilling at its Spring Hill Gold Project, setting the stage for a significant resource upgrade.

Neometals has reported compelling gold assay results from its first drilling at Barrambie Ranges in 30 years, revealing multiple high-grade mineralised zones and reinforcing the project’s exploration potential.

Legacy Minerals advances its flagship Mt Carrington Project with an expanded scoping study and confirms high-grade mineralisation, while securing a significant farm-in joint venture option with Rio Tinto for the Thomson Project.

Ballard Mining Limited has launched a A$50 million placement to fund extensive drilling and early works at its fully permitted Baldock gold project in Western Australia, aiming for a maiden ore reserve and a final investment decision in 2026.

Atomic Eagle Limited has reported significant shallow uranium mineralisation from its maiden drilling at Muntanga East in Zambia, with a maiden resource estimate expected later this quarter. The results highlight potential for low-strip open-pit mining and support the company’s broader growth ambitions.

Argent Minerals has announced a significant new high-grade silver discovery at its Kempfield NW Prospect in NSW, extending mineralisation beyond the current resource boundary. The discovery highlights strong potential for resource growth and development at one of Australia’s premier silver-polymetallic projects.

Verity Resources reports strong and consistent gold assay results from its Phase 2 drilling at the Monument Gold Project, bolstering confidence in the Korong deposit and underpinning plans to upgrade the resource.

Galileo Mining Ltd has responded to an ASX price and volume query, confirming no undisclosed material information exists to explain recent trading activity. The company attributes the surge to positive market sentiment around its Norseman Project and lithium joint venture with Mineral Resources.

Breakthrough Minerals has entered a conditional agreement to acquire a major copper-gold project in North Queensland, backed by a successful A$8.15 million capital raise. The acquisition and fresh funding position the company for an aggressive exploration campaign in the Mt Isa region.

Emerald Resources has announced a 27% increase in the Mineral Resource Estimate for its Memot Gold Project in Cambodia, now totaling 1.7 million ounces of gold, with full permitting in place to begin development this year.