Latest Mineral Resources News

PolarX Limited has kicked off its 2025 exploration season at the Alaska Range Copper/Gold Project, backed by a $3 million loan from Northern Star Resources to fund new airborne surveys and upcoming drilling campaigns.

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

Catalina Resources has reported promising wide gold mineralisation zones from its first reverse circulation drilling at the Laverton Project, Western Australia, signalling potential for a significant gold system. Follow-up drilling and pending rare earth element assays could further enhance the project’s outlook.

Superior Resources Limited has expanded its copper exploration strategy to include high-grade copper-gold targets alongside porphyry prospects, while progressing the Steam Engine Gold Project towards early production within two years.

Perpetual Resources is advancing plans for deeper drilling at its Raptor Rare Earth Project in Brazil, aiming to unlock significant resource potential and support a maiden JORC estimate.

Maronan Metals has significantly upgraded its Maronan deposit resource, doubling indicated silver-lead tonnage and adding near-surface copper-gold resources, setting the stage for imminent economic assessment results and development progress.

Cassius Mining advances its Soalara Limestone Project with ongoing joint venture discussions, pursues a substantial $277 million arbitration claim against Ghana, and manages tight cash flow through recent capital raises.

Axel REE Limited reports exceptional high-grade gallium and rare earth element mineralisation across a vast area at its Caladão Project, with promising metallurgical test results supporting low-cost extraction methods.

QMines Limited reports strong drilling results at Develin Creek and completes Mount Mackenzie acquisition, significantly expanding its resource base and advancing its Mt Chalmers Pre-Feasibility Study.

Alma Metals has bolstered its Briggs Copper JV Project with a $1.06 million capital raise and an updated resource estimate that now includes silver. The company is progressing a scoping study and preparing for significant drilling to unlock further value.

Augustus Minerals reports significant advances in gold exploration at its Music Well Project with multiple high-grade assay results and secures a strategic licence application for the Mt Kare Gold Project in Papua New Guinea.

Conrad Asia Energy has advanced its position in Indonesia’s natural gas sector with a major gas sales agreement and increased ownership in the Duyung PSC. The company also completed a A$9 million capital raise to fund upcoming development milestones.