Latest Mineral Resources News

Hillgrove Resources’ latest Magnetotelluric survey at Kanmantoo reveals deep alteration zones extending over 2km and a southern extension beyond known mineralisation, setting the stage for targeted drilling at Emily Star in September 2025.

Resolute Mining has announced an initial mineral resource estimate of approximately 266,000 ounces of gold at its Bantaco Project near the Mako Gold Mine in Senegal, marking a significant step in extending the mine’s life.

Podium Minerals has significantly expanded its Parks Reef project with a new Copper-Gold Zone resource, increasing the basket price by 18% and completing a $2.6 million oversubscribed capital raise.

Mount Gibson Iron Limited reports steady FY25 iron ore sales amid operational challenges and announces a strategic entry into gold with a 50% stake in the Central Tanami Project.

St Barbara Limited is progressing towards the renewal of its Simberi Mining Lease, a critical step to extend operations and boost gold production through 2038. Final approval is anticipated in August 2025 after regulatory review delays.

Deep Yellow Limited reports significant progress at its flagship Tumas uranium project in Namibia and successful pilot testing at Mulga Rock in Australia, supported by a robust cash position of A$217.4 million.

Pioneer Lithium has defined a conservative uranium Exploration Target at its Warmbad Project in Namibia, revealing significant potential for resource expansion through modern exploration techniques.

Cyclone Metals reports strong progress on its Iron Bear Project, highlighting a completed renewable energy power study and successful metallurgical test results that underpin its sustainable mining ambitions.

Black Canyon Limited’s June quarter report reveals promising drilling results at its Wandanya Project, confirming extensive high-grade manganese and iron mineralisation with improved metallurgical recoveries and strategic tenement expansions.

Tungsten Mining NL (ASX – TGN) highlights its position as a key supplier of ethically sourced tungsten outside China, leveraging one of the world’s largest resource bases amid tightening global supply and rising prices.

Canadian Phosphate Limited advances its Canadian operations with new bulk sampling permits and a promising exploration target, while steady sales and customer upgrades signal growth ahead.

Mindax Limited has secured an option to acquire Norton Goldfields’ 35% stake in the Mt Forrest magnetite project, potentially gaining full ownership of a major iron ore asset in Western Australia’s Mid-West region.