Latest Mineral Resources News

Prospect Resources has significantly boosted its Mumbezhi Copper Project resource base by 63%, lifted contained copper by 50%, and secured A$45 million in fresh capital to fund an aggressive drilling campaign starting May 2026.

Siren Gold continues its push to upgrade the Sams Creek gold resource with ongoing drilling and a mining permit application nearing decision. Meanwhile, exploration at Queen Charlotte reveals extensive high-grade gold and antimony mineralisation, underpinning the company’s strategic growth in New Zealand’s critical minerals sector.

Emerald Resources NL posted a record March quarter pre-tax operating cash flow of A$143 million from its Okvau Gold Mine, maintaining full-year gold production guidance while progressing development and exploration at its Dingo Range and Memot projects.

Native Mineral Resources has poured its first 315 ounces of gold doré since restarting mining at Blackjack, signalling a grade uplift and improved production. Meanwhile, the Podosky project advances with site establishment and fleet mobilisation on track for late April ore delivery.

Black Cat Syndicate posted solid operating cash flow of A$61 million in the March quarter, driven by the ramp-up at Kal East and a strategic $20 million expansion of the Lakewood processing facility. The company also reported a 95% increase in antimony resources at Mt Clement, signaling growth potential beyond gold.

Lefroy Exploration (ASX: LEX) is launching a focused 4,000m drilling program at its Mt Martin Gold Project to expand its 439,000-ounce resource, alongside an imminent Mineral Resource Estimate update reflecting stronger gold prices and revised economics.

Regis Resources sustained strong gold output in Q3 2026 with 90.6koz produced at an AISC of $2,807/oz, while raising growth capital guidance amid rising diesel costs and advancing underground projects. The company declared a 15cps interim dividend, supported by a robust $1.13 billion cash and bullion position.

West African Resources (ASX:WAF) closed Q1 2026 with a record A$847 million cash balance, underpinned by robust gold production of 107,728 ounces at an AISC of US$1,921/oz. Meanwhile, Burkina Faso's government formalised a 25% acquisition in the Kiaka project for A$175 million, marking a significant shift in ownership.

Elevra Lithium delivered a strong March 2026 quarter with record revenues, operational improvements at North American Lithium, and progress on multiple growth fronts, supported by a robust cash position.

LinQ Minerals has delivered robust drilling results at its Gilmore Gold-Copper Project, including standout intersections at Gidginbung and Mandamah, while securing $15.4 million to accelerate exploration efforts.

Chilwa Minerals has mobilised a second diamond drill rig at its Mpyupyu target in Malawi, accelerating exploration of niobium, rare earths, tantalum, and gallium within a newly identified alkaline syenite intrusion. With over 1,000 metres drilled and key assay results pending, the company is poised for a revised resource estimate in May 2026.

American Uranium Limited has kicked off a $2.59 million entitlement offer with free attaching options, aiming to accelerate drilling and studies at its flagship Lo Herma ISR Uranium Project. The updated timetable extends the offer period, while resource estimates remain stable.