Latest Mineral Resources News

Minerals 260’s latest drilling results at Bullabulling reinforce the continuity of its 6.2Moz gold resource, with standout high-grade intercepts supporting resource upgrades and expansion potential across multiple deposits.

Resolute Mining’s half year profit more than doubled to $162.6 million, buoyed by soaring gold prices that offset a 31% drop in production. The company advances its Doropo project with key approvals and secures robust local financing.

Fortescue Ltd delivered a record 201.3 million tonnes of iron ore in FY26, alongside a 3% rise in underlying net profit after tax to US$3.47 billion, despite a significant $750 million impairment charge on its Iron Bridge asset. The miner declared a fully franked final dividend of A$0.46 per share and continues to advance its ambitious decarbonisation and growth agenda.

Elk Range Mining has begun its first diamond drilling campaign at the Friday Gold Project in Idaho, aiming to validate historical high-grade gold and build a modern resource base.

Native Mineral Resources is on track to surpass 1,000 ounces of gold production in a single month for the first time at its Blackjack operation, backed by a strong August smelting run and advancing multi-pit development.

Savannah Goldfields is launching a substantial 2026 drilling campaign targeting resource growth at its Georgetown and Agate Creek gold projects, aiming to bolster feedstock for its Georgetown processing plant and unlock value at Agate Creek.

Tesoro Gold has completed its 80-hole infill drilling at the Ternera Gold Deposit, delivering multiple wide, high-grade gold intercepts that underpin an imminent resource upgrade and maiden Ore Reserve.

Terra Metals has pushed the boundaries of its Southwest sulfide discovery at the Dante Project, extending the mineralised strike by 150 metres to over 1,100 metres and confirming multiple high-grade reef zones. The system remains open, with ongoing drilling and assay results set to further define this promising PGM-Cu-Ni-Co corridor.

Solstice Minerals has pushed the boundaries of its Nanadie Copper-Gold Project in WA, reporting a combined 148m intercept at 0.77% copper and 0.20g/t gold that extends mineralisation beyond the current resource estimate.

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Encounter Resources has launched a strategic review of its copper assets across Western Australia and the Northern Territory, aiming to accelerate project development amid promising drilling results at its Yeneena Copper Project and other key sites.

Northern Star Resources (ASX:NST) posted a 24% rise in net profit to A$1.66 billion for FY26, declaring a fully franked 30 cent final dividend and advancing its KCGM mill expansion into commissioning.