Latest Mineral Resources News

Medallion Metals has significantly expanded its sulphide Mineral Resource Estimate at the Ravensthorpe Gold Project to 950,000 ounces gold equivalent, underpinning a rapid move toward production with a feasibility study due in October and a Final Investment Decision expected by year-end.

New Age Exploration has verified key geological features at its Wagyu Gold Project, aligning it with the prolific Hemi mineral corridor and paving the way for expanded drilling.

Stellar Resources has reported a significant tin discovery at its Severn deposit, revealing a high-grade core that could expand and upgrade the Heemskirk Mineral Resource Estimate. The company is accelerating drilling and prefeasibility studies, signaling strong growth potential.

Westgold Resources has transformed into a top five Australian gold producer following its merger with Karora Resources, delivering record gold production and declaring a 3-cent final dividend.

Diatreme Resources has agreed to sell its Clermont Gold Project to Moonlight Resources as part of Moonlight’s upcoming ASX IPO, securing a significant equity stake and board representation.

Moonlight Resources, partly owned by Lithium Plus Minerals, plans to acquire the Clermont Gold Project and pursue an ASX listing, aiming to become a focused gold and critical minerals explorer.

South32 reported a robust turnaround in FY25 with a profit after tax of US$213 million and underlying earnings of US$666 million, driven by operational gains and strategic portfolio shifts. The company also advanced construction at its Hermosa project and maintained a strong balance sheet with net cash of US$123 million.

Ora Banda Mining's initial drilling at Round Dam Trend reveals multiple high-grade gold lodes, highlighting significant open pit and underground mining prospects.

Star Minerals reports promising shallow gold intercepts 120 metres west of known lodes at its Tumblegum South project, hinting at a potential resource expansion ahead of planned mining approvals.

Native Mineral Resources has marked a key milestone with three gold pours totaling around 300 ounces at its Blackjack operation, signalling a successful ramp-up to full-scale production.

Sandfire Resources reports a consolidated update on its Motheo copper-silver asset in Botswana, revealing declines in mineral resources and ore reserves due to mining depletion and remodelling. The company plans to declare a maiden ore reserve for the A1 deposit by mid-2026, aiming to extend mine life.

Mineral Resources Limited has released its inaugural Mineral Resources and Ore Reserves statements for the Pilbara Hub, revealing a substantial 161 million tonnes resource and 50.7 million tonnes reserve at robust iron grades. The inclusion of the Lamb Creek deposit promises to extend the hub’s production profile by five years, pending approvals.