Latest Mineral Resources News

Viridis Mining and Minerals has announced a landmark 140% increase in its Colossus Project's rare earth resource, now the largest and highest-grade ionic adsorption clay deposit worldwide. A recent Scoping Study confirms the project's exceptional economics and low-cost profile, positioning it as a global leader in rare earth production.

Kingsgate Consolidated Ltd delivered a robust March 2025 quarter with a 15% rise in gold production and a 13% reduction in all-in sustaining costs, achieving record margins amid operational and exploration advances.

Verity Resources reports significant progress at its Monument Gold Project in Western Australia, confirming a 1.1km gold mineralised strike at Fred’s Well and initiating steps to upgrade its resource base. The company also raised $308k via placement and launched a $1.1 million renounceable rights issue to fund further exploration.

Mount Burgess Mining reports encouraging hydrometallurgical test results from its Nxuu polymetallic deposit, achieving high recoveries for zinc, vanadium, and rare earth elements. The company also completed a modest capital raise to support ongoing project development.

Athena Resources has kicked off a new drilling program at its Byro South Prospect and progressed metallurgical testing, alongside a successful $2.67 million capital raise and a key leadership appointment.

Redcastle Resources advances its Eastern Goldfields exploration with significant high-grade gold intercepts across three key prospects, setting the stage for upcoming resource estimates and development studies.

Asra Minerals has completed a comprehensive target generation exercise at its Leonora Gold Projects, identifying 26 priority drill-ready gold targets and securing regulatory approval to commence drilling in Q2 2025. The company also strengthened its balance sheet with a $3 million placement and asset sale proceeds.

Nexus Minerals reports breakthrough regional exploration success at its Wallbrook Gold Project with two new significant gold discoveries and expanded mineralisation footprints, while progressing mine studies and permit applications.

Rincon Resources has reported a maiden mineral resource estimate at its South Telfer Gold-Copper Project, alongside advancing exploration plans at Laverton with new drilling preparations underway.

Manhattan Corporation reports strong exploration progress at its Tibooburra Gold and Chebogue Lithium projects, backed by a solid cash position and no debt.

Sabre Resources advances exploration across uranium, nickel, lithium, and gold projects while securing a $1.6 million sale of its Ninghan Gold Project to Capricorn Metals.

Eclipse Metals Ltd reported significant progress in its March 2025 quarter, highlighting new high-grade rare earth mineralisation in Greenland and a strategic uranium project earn-in agreement in Australia.