Latest Mineral Resources News

Perseus Mining has formalised key agreements with Tanzania to advance its Nyanzaga Gold Project, targeting first gold production in early 2027. The project promises low-cost output and robust returns amid ongoing resource expansion efforts.

Athena Resources has produced a 10kg sample of ultra-high-grade magnetite concentrate grading 70.55% iron from its Byro Magnetite Project, positioning the company at the forefront of green steel feedstock supply.

Rox Resources reports metallurgical test results confirming over 94% gold recovery at Youanmi using Albion oxidative leaching, advancing its path to production. The company also appoints Increva to oversee key construction phases.

Northern Star Resources delivered a standout FY25 with soaring revenue and EBITDA, bolstered by the strategic acquisition of De Grey Mining and promising FY26 guidance.

Redcastle Resources has partnered with BML Ventures to fast-track gold production at key deposits while massively expanding its Eastern Goldfields footprint through a strategic tenement acquisition.

Unico Silver Limited has raised $25 million through a share placement to accelerate drilling and resource upgrades at its key silver projects in Argentina, aiming to define a major silver equivalent resource.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

Taruga Minerals has secured three contiguous exploration permits in Western Australia's Gascoyne province, unlocking access to historically high-grade base and precious metal sites with no prior modern drilling. This move sets the stage for a broader regional exploration campaign.

Viridis Mining and Minerals has announced a maiden JORC Probable Ore Reserve of 200.6 million tonnes at the Colossus Rare Earth Project, underpinning a 40-year mine life with exceptional grades and sustainable mining practices.

Equinox Resources has engaged an independent heritage advisory to assess contested Aboriginal sites at its Hamersley Iron Ore Project, following a government refusal of exploration consent. The company is pursuing judicial review while reaffirming its commitment to heritage compliance and stakeholder dialogue.

Brightstar Resources reports robust gold assay results from its Sandstone Gold Project, reinforcing its path to a 2.4 million ounce resource following a merger with Aurumin Limited.

Prodigy Gold NL has reported a total mineral resource of 1.03 million ounces of gold, driven by updated estimates at its Tregony and Hyperion deposits and a restatement of Buccaneer resources reflecting higher gold prices.